News

News

Agile raises $13 million to expand production
Agile Space Industries announced the spaceflight qualification in April of the company's first product, the A110 thruster. Agile is building dozens of A110 flight units for customers preparing to send spacecraft to the Moon.
Lockheed, Raytheon invest $12.5M in 3D printing firm Fortify
The company, just 55 employees strong, boasts a unique approach to additive manufacturing of lightweight, versatile composites well-suited to aerospace applications from fighter aircraft and drones to hypersonics.
LM Ventures Is Dabbling in Island-Hopping Seagliders
LM Ventures recently put money into a Rhode Island-based startup which aims to sell a sea-skimming wing-in-ground-effect craft called “seaglider”.
Lockheed's venture arm bets on counter-drone technology
Lockheed's venture capital arm, Hanwha Aerospace and AIM13|Crumpton Venture Partners are collectively investing $17.8 million in Fortem Technologies.
Lockheed Martin Ventures invests in Machina Labs
The Bethesda defense giant will partner with the company on agile manufacturing.
Slingshot Aerospace closes Series A-2 to grow
Series A-2 funding with Sway Ventures, C16 Ventures, ATX Venture Partners, Lockheed Martin Ventures, Valor Equity Partners and Draper Associates.
Lockheed Martin Invests in Xona Space Systems
Xona Space Systems has secured another $25 million in financing, the company announced late last week.
Doubling Our Venture Capital Fund
We’re doubling our investments in early-stage technology companies from $200 million to $400 million.
Parker Aerospace, DUST Identity Launch F-35 to Digital Space
From Build To Beyond: Parker Aerospace and DUST Identity Launch Lockheed Martin F-35 Into Digital Space
Air Force to Test 3D-Printed Rocket Motors
The maker, startup X-Bow Systems, recently accepted investment from Lockheed Martin.
X-Bow Systems, Leading 3D Printed Solid Rocket Motor Company, Raises $ 27M Series A Round
Funding round co-led by Crosslink Capital and Razor's Edge Ventures, with additional investment from Lockheed Martin Ventures and Broom Ventures.
Lockheed Martin invests in Satellite Vu
Lockheed Martin invests in Satellite Vu to bring its world-first climate change technology to the US.
Lockheed Martin Invests in eSTOL Startup Electra
LM invests in Electra’s Series A funding round to support flight testing Electra’s hybrid-electric eSTOL aircraft full-scale technology demonstrator in 2022.
Space startups an investment target for big defense contractors
Bank of America Merrill Lynch analyst: Large defense contractors need to 'be able to bring in creative forces and ideas'
LM Invests in TileDB, Inc. to Advance Their Universal Database
Lockheed Martin Ventures and NTT Docomo Ventures Invest in TileDB, Inc. to Advance Their Universal Database
Refueling Satellites in Space
We're investing in Orbit Fab’s Gas Stations in Space™ refueling technology, to add another tool to our toolbox for on-orbit satellite servicing.
Big Aerospace Contractors Bet On Space Refueling Startup
Northrop Grumman and Lockheed Martin have invested in startup Orbit Fab
Red 6 Awarded SBIR Phase III Contract
Red 6 awarded SBIR Phase III contract worth up to $70M by US Air Force for its Augmented Reality system
Latent AI Lands Key Backing
Latent AI just closed on $19 million in Series A funding in a round co-led by Future Ventures and Blackhorn Ventures, with participation from Booz Allen, Lockheed Martin, 40 North Ventures, and Autotech Ventures.
Elroy Air Raised 40M Series A
Elroy Air has raised a $40 million Series A, including financing from Lockheed Martin’s venture capital arm, to ramp up the building, testing and validation of its inaugural autonomous cargo drone.
Tapping into Commercial Technologies
How Lockheed Martin Ventures is delivering emerging technology to customers better, faster and cheaper
Main Sequence Fund 2 Announcement
Main Sequence, Australia’s deep tech investment fund founded by Australia’s national science agency, CSIRO, has raised $250m for its second fund.
Lockheed Martin Ventures invests in Hidden Level
Lockheed Martin Ventures has invested in Hidden Level, a Syracuse, NY-based company that designs and develops sensors for low-altitude airspace monitoring.
Main Sequence: Fund 2 Announcement
Main Sequence, Australia’s deep tech investment fund founded by Australia’s national science agency, CSIRO, has raised $250m for its second fund.
Main Sequence Launches $250M AUD Deep Tech Fund
Main Sequence, the venture firm founded by Australia’s national science agency, announced today a new $250 million AUD (about $194.3 million USD) fund to invest in deep tech startups.
Lockheed Invests in Airspace Sensor Network Developer
Lockheed Martin's venture capital arm has invested in Hidden Level as both companies look to address airspace security and surveillance challenges through the use of distributed sensor networks.
Lockheed's Venture Org backs Airspace Monitoring Firm
Lockheed Martin's venture capital organization has made a new investment in Hidden Level, a company that designs and develops sensors for monitoring airspace traffic at low altitudes.
Lockheed Martin Ventures Invests in Hidden Level
Lockheed Martin Ventures made a strategic investment in Hidden Level, an expert in sensor design and development for low altitude airspace monitoring.
Lockheed Martin Invests In AI Company Fiddler Labs
Fiddler Labs on Wednesday said it has entered into a strategic collaboration agreement with Lockheed Martin’s ventures unit that also includes an investment to help the company further develop, test and scale its capabilities in allowing users to understand and trust applications of artificial intelligence (AI) in the aerospace and defense industries.
Lockheed Martin Ventures Invests in Fiddler
Lockheed Martin Ventures has made an investment in Fiddler, an artificial intelligence company based in Palo Alto, CA, and signed a strategic cooperation agreement.
Fiddler and Lockheed Martin Ventures to Collaborate on AI
Fiddler announced a strategic collaboration with Lockheed Martin Ventures inclusive of a strategic cooperation agreement and an investment. As part of the investment, Lockheed Martin Ventures will work with Fiddler on the development, testing and scaling of Fiddler's technology in applying explainable AI in the defense and aerospace industries.
Lockheed Martin Ventures Scouts Next-Gen AI/ML Tech
As defense primes scramble to meet DoD’s insatiable demand for AI and machine learning (ML) tools, Lockheed Martin is investing in startups like Fiddler with next-generation tech to help operators understand how autonomous systems actually work (and don’t work) in the field.
CalypsoAI Raises $13M for AI Model Security and Monitoring
Calypso AI, a startup that provides testing, monitoring and risk management for AI applications in national security and highly-regulated industries, raised $13 million in a Series A funding round.
Defense Prime Tech Investments Hint at Bigger Picture
With an eye toward the future, two of the defense market’s largest players have made investments in other companies whose technologies represent key priority areas for the industry and government customers.
AI Security and Ethics Startup CalypsoAI Lands $13 Million
CalypsoAI, a machine learning startup with its roots in the defense industry, has raised $13 million to help make government and corporate AI systems more secure and free of bias.
Lockheed Martin Ventures Invests in CalypsoAI
Lockheed Martin Ventures and is meant to help CalypsoAI "expand globally, increase adoption among enterprises, and progress with innovation."
AI Cybersecurity Company CalypsoAI Announces $13M in Funding
CalypsoAI, the leader in validation, security and monitoring for Artificial Intelligence (AI) and machine learning (ML), announced today the closing of its $13 million Series A fundraising.
Lockheed Martin Invests in Red 6, Developer of AR Training
Lockheed Martin has invested an undisclosed amount of funding into start-up Red 6, a developer of augmented reality flight training and dogfighting software for use in a purpose-built helmet-mounted headset during flight.
Red 6 Secures Investment from Lockheed Martin Ventures
Red 6, a revolutionary technology firm at the forefront of synthetic training, is pleased to announce that it has received a strategic investment from Lockheed Martin Ventures, the strategic investment arm of Lockheed Martin Corporation, a leader in innovation for aerospace and defense.
Lockheed's Ventures Arm Backs Quantum Computing and Training
Lockheed Martin Ventures -- the defense company’s technology startup investment arm -- has backed two companies through separate avenues announced this week.
Lockheed Martin Ventures Invests in Red 6
Lockheed Martin Ventures has invested in Red 6, a Santa Monica, CA-based firm specializing in synthetic training. Red 6 said in its announcement today that it will use the funds to "accelerate the development and commercialization of Red 6's ATARS (Airborne Tactical Augmented Reality System)."
IonQ Raises Funding for its Quantum Computing Platform
Quantum computing startup IonQ today announced that it has raised additional funding as part of its previously announced Series B round. This round extends the company’s funding, including its 2019 $55 million Series B round, by about $7 million and brings the total investment into IonQ to $84 million.
IonQ Secures New Funding to Meet Quantum Computing Needs
IonQ, the leader in quantum computing, today announced it has secured funding from Lockheed Martin.
Lockheed Invests in Cyber Firm RunSafe Security
RunSafe Security has raised $3.5M in a new round of Series A financing from Lockheed Martin's venture capital arm and NextGen Venture Partners.
Cyber firm ready for next step with new backing
Cyber software provider RunSafe Security is ready to chart its next phase of growth with the help of $9.8 million in Series A funding raised over two rounds, including the most recent one that fetched $3.5 million.
Lockheed Martin Ventures Invest in Runsafe Security
RunSafe Security, the pioneer of a patented process to immunize software from cyber attacks without developer friction, today announced a second close of $3.5M in Series A funding from Lockheed Martin Ventures and NextGen Venture Partners. This news comes on the heels of RunSafe’s initial close of $6.3M in Series A funding announced in late December, bringing its total Series A investment to $9.8M from investors.
Ayar Labs Receives Strategic Investment from Lockheed Martin
Ayar Labs is pleased to announce that it has received a strategic investment from Lockheed Martin Ventures. The funds will be used to accelerate the commercialization of Ayar Labs’ patented monolithic in-package optical I/O (MIPO) solution for applications that require high bandwidth, low latency and power efficient short reach interconnects. Focused application areas are in Artificial Intelligence (AI), where compute to compute I/O bandwidth is a critical requirement; High Performance Computing (HPC), to enable dramatically new system architectures that can maintain Moore’s Law price/performance scaling; and Digital Beamforming radar applications, to enable interconnect bandwidths to handle massive increases in Radio Frequency (RF) inputs.
Arlington's DeepSig Raises $5M to Help Secure 5G
Our appetite for faster connections is never quenched. That's why many of us are still waiting for the day when new 5G signals open up our bandwidth in more impactful ways -- enabling improved wireless communications and IoT capabilities.
Lockheed Boosts Investment in Early-Stage Tech Companies
Lockheed Martin will increase the amount of money it will invest in early-stage technology companies by about $100 million.
Lockheed Martin Announces $100 Million Venture Fund Increase
Lockheed Martin announced the doubling of its venture capital fund to $200 million and recent investments in early-stage companies focused in the areas of autonomy and advanced manufacturing.
Lockheed Martin adds $100 million to its technology investment fund
Lockheed Martin has announced it will double the size of its technology investment fund from $100 million to $200 million, a move it says was enabled by tax savings under the Republican tax bill passed last year.
Lockheed Looks To Double Venture Capital Investing
Lockheed Martin Ventures expects to significantly ramp up its investment and outreach activity in 2018 after the aerospace and defense prime doubled its investment fund.
Rosslyn Startup Reshaping AI for 5G Pulls $5 Million
Rosslyn-based tech startup DeepSig recently raised $5 million to help develop artificial intelligence that can effectively integrate with 5G wireless systems.
Virginia’s RunSafe Security Nabs Two Investments
McLean, Virginia-based RunSafe Security, a company that makes a platform to protect embedded systems and devices from cyberattacks, has raised an additional $3.5 million in Series A funding from Lockheed Martin Ventures and NextGen Venture Partners.
DeepSig Raises $5M Series A Financing to Advance AI
DeepSig, a company developing AI to transform wireless for 5G, IoT, and security, raised $5M in its Series A Financing, adding to the $3.5M previously raised. Leawood Venture Capital led the Series A round with participation by Scout Ventures, Blu Venture Investors, and Lockheed Martin Ventures. The additional funding will accelerate DeepSig's AI and machine learning (ML) software development and deployment to improve performance and security while reducing power consumption and cost in 5G and other wireless systems.