In today's issue:

- Austin is becoming the headquarters of American defense tech—Anduril just landed a $20B Army contract, Saronic is hosting NATO ambassadors, and venture capital now exceeds Pentagon R&D spending

- A man was beaten unconscious and skull-stomped at Austin Central Library; his attacker had 10 Travis County cases, 3 felonies, and 4 assaults—all dismissed

- Zach Dell is building a battery factory downtown that will reshape Texas's power grid; Base Power just deployed 100 MW of hom