Jack Oswald, co-founder and CEO of Singularity. LinkedIn photo

Singularity, a startup developing low-cost air defense systems to counter similarly low-cost munitions, has emerged from stealth with an $80 million funding round let by Khosla Ventures and Felicis. The Series A investment will be used to scale the Los Angeles-based company’s work, which currently includes multiple flight tests each month using internally-developed hardware and software. Singularity plans a reveal of its product and technology later this year. The Los Angeles-based company said it is prioritizing mass production and deployment…