Istari raises $22.6M for defense digital engineering push

What's the deal? Arlington-based defense tech startup Istari Digital has raised $22.6 million toward a $40 million funding goal, the company announced in July 2026.

What's the endgame? Istari builds digital engineering software for defense applications. It has already secured millions in Air Force contracts and previously worked on a $28 million program alongside Lockheed MartinDealroom has a profile for this one. Try Dealroom →.

The signal: Istari's early Air Force traction and its Lockheed Martin partnership point to growing demand for digital engineering tools among established defense contractors and government buyers.

Read more: Washington Business Journal

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