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flag Y Combinator backs defense startup Ares Industries to develop low-cost anti-ship missiles.

flag Y Combinator, a renowned startup incubator, has backed its first defense startup, Ares Industries, which aims to create low-cost anti-ship missiles. flag Founders Devan Plantamura and Alex Tseng plan to deliver working missile systems in mid-2025, offering affordable, 10x smaller cruise missiles compatible with existing launch platforms. flag Y Combinator began encouraging defense tech startups to apply earlier this year.

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