Forbes · Aug 2024
Explains why YC entered defense tech with Ares and frames the startup as a challenger to incumbent missile contractors.
Building low-cost cruise missiles
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
YC-backed defense startup founded in 2024 that builds mass-manufacturable, low-cost anti-ship cruise missiles and related munitions. Its public product line centers on Maverick and Goose, container-launched systems designed for high-volume strike in the Indo-Pacific and other contested theaters.
Primary product
Maverick and Goose mass-fire cruise missiles / munitions
Founded
2024
Headquarters
Fremont, California, United States
Team size
1-10
Industry
Defense and Space Manufacturing
Sub-industry
Cruise missile and munitions manufacturing
Offices
0 jobs at Ares Industries
Check back later for new openings
Business model
Stage
Pre-Seed
Total raised
$500K
Latest round
Pre-Seed · Aug 2024
Latest amount
$500K
Aug 2024 · Y Combinator
Leadership
Founder & CEO
Co-founder & COO
Head of Propulsion
Head of Business Development
Investors
Mission-driven and engineering-heavy, with a high-intensity, rapid-iteration culture centered on real-world testing, prototyping, and geopolitics impact. Public hiring language emphasizes aerospace engineers, propulsion, aerodynamics, and GNC talent.
Compensation
No official compensation policy was disclosed publicly. One scraped third-party job listing showed an estimated $72k-$108k salary band for an El Segundo mechanical engineer role, but this was not published by Ares itself.
Pricing
B2G defense procurement / unit sales. Public targets include five-figure pricing for some munition concepts and roughly $300K per anti-ship cruise missile concept.
Differentiators
Technology
Customers
Competitors
Estimated revenue
about $550K ARR (estimated)
Estimated monthly visits
2.1K
Traffic estimate as of Oct 2024
Forbes · Aug 2024
Explains why YC entered defense tech with Ares and frames the startup as a challenger to incumbent missile contractors.
Business Insider · Aug 2024
Covers YC’s first weapons startup investment, the founders’ defense startup background, and the company’s anti-ship missile thesis versus incumbent primes.
TechCrunch · Aug 2024
Confirms YC’s first defense startup investment, summarizes Ares’ low-cost cruise missile vision, and notes the founders’ prototype testing and mid-2025 delivery target.
The War Zone · Aug 2024
Details Ares’ early flight test, its $300K target cost, containerized launch concept, and the company’s focus on cheaper anti-ship cruise missiles.