Colorado ONE Fund Invests in Code19 to Scale High-Dynamic Autonomy for Defense

Seed investment will accelerate Maveric AI, giving autonomous systems the speed, agility, and adaptive control to pursue, evade, and outmaneuver dynamic threats.

COLORADO SPRINGS, Colo., Oct. 22, 2026 /PRNewswire/ -- Colorado ONE Fund, a venture arm of ONE Funds, is excited to announce its seed investment in Code19 Autonomy, a veteran-founded, dual-use technology company developing high-dynamic autonomy for defense applications.

Code19's core technology, Maveric AI, is designed for environments where speed, maneuverability, and rapidly changing conditions demand continuous prediction and adaptation. Rather than building autonomy around a single vehicle, Code19 develops software that integrates with third-party vehicles, sensors, and command-and-control systems, helping each platform make the most of its speed, agility, and maneuverability.

The investment comes as the Department of War accelerates the integration of autonomy across its formations. At last week's Association of the United States Army (AUSA) Annual Meeting, senior Army leaders emphasized applications beyond drones, while Secretary of War Pete Hegseth underscored the importance of putting systems in warfighters' hands and pairing them with technical experts to drive continuous improvement. These priorities align with Code19's established approach: adaptable autonomy software, rigorous physical testing, and rapid iteration informed by operational needs.

"Code19 is solving a class of autonomy problem that becomes increasingly important as systems get faster, more maneuverable, and more contested," said Kevin O'Neil, CEO of ONE Funds. "The team has paired a distinctive technical foundation with meaningful early government traction, and we see significant potential for that capability across defense applications."

Code19's first major defense application is intercept autonomy as a payload: bringing Maveric AI to aircraft that must pursue and intercept maneuvering airborne threats. The software continuously adapts as targets change speed, direction, or behavior. Code19 also offers Maveric Interceptor, a complete interceptor system powered by Maveric AI.

That application also addresses an increasingly important cost problem. Counter-UAS missions can require expensive defensive systems to engage comparatively low-cost threats. By bringing advanced autonomous control to lower-cost platforms, Code19 creates another path to field-capable systems at greater scale.

And intercept is only the starting point. Code19 is also developing sense-and-evade capabilities, applying the same high-dynamic autonomy to help one-way attack and ISR aircraft evade interceptors and continue their missions.

Code19's autonomous racing heritage forged a team built for rapid iteration and disciplined execution in a high-stakes, high-risk environment. Racing demanded close collaboration and the ability to learn and adapt under pressure. That experience carries into defense, where the team moves quickly, tests rigorously, and stays focused on mission outcomes.

"Our mantra is simple: the hardest problems get solved when failure is public and unforgiving," said O.G. Wells, co-founder and COO of Code19 Autonomy. "That means physical testing, rapid iteration, and proving performance under real-world conditions. We bring urgency and discipline to that process because warfighters need capabilities they can count on to accomplish the mission."

The company has already established traction with government customers and partners. Maveric AI has been designated "Award Ready" through the U.S. Army's DevX Autonomy program. Code19 is also a finalist in the Department of War's Low-Cost Interceptor Challenge, prototyping under OUSW (R&E) and has a Cooperative Research and Development Agreement with Naval Surface Warfare Center Crane.

The Colorado ONE Fund investment will support continued development and scaling of Maveric AI as Code19 expands its defense applications and government partnerships.

About Code19 Autonomy
Code19 Autonomy is a veteran-founded, venture-backed company with heritage in professional autonomous racing. The company develops high-dynamic autonomy software for defense platforms. Its Maveric AI technology delivers predictive, adaptive control to systems operating at speed in demanding, rapidly changing environments. Code19 also operates Code19 Racing, the world's first professional autonomous racing team. Learn more at www.code19autonomy.com.

About ONE Funds
Founded in 2023, ONE Funds invests in critical dual-use technologies, connecting defense innovators with government and industry partners to support growth. Colorado ONE Fund, part of ONE Funds, partners with the Colorado Venture Capital Authority to invest in early-stage, high-impact technologies supporting national defense. Learn more at www.onefunds.com.

SOURCE ONE Funds