Lockheed Martin Invests $25M in Fortem Technologies

Lockheed Martin announced a $25 million investment in Fortem Technologies, a global leader in airspace security. This investment, which represents the initial tranche of Fortem’s Series B fundraising round, will enable Fortem to accelerate production at scale and enhance deployment within Lockheed Martin’s Sanctum counter-UAS ecosystem.

Building on an established relationship, the investment advances a jointly developed, integrated approach to counter-UAS that is moving into broader operational deployment.

The rapid proliferation of small, cheap and easily acquired unmanned aerial systems has created a new, pervasive threat to military platforms, critical infrastructure and civilian airspace.

“This strategic collaboration will deliver robust mission capability aligned to our customer’s demand for rapidly fieldable solutions that scale in volume and evolve as fast as the UAS threat. This is just the latest example of our commitment to investing ahead of need to deliver at the speed of relevance, and with affordability in mind,” said Stephanie C. Hill, President, Lockheed Martin Rotary and Mission Systems.

“Low-cost, increasingly autonomous drone threats are scaling faster than traditional defenses were designed to handle,” said Fortem Technologies CEO Jon Gruen. “Our work with Lockheed Martin reflects a shared recognition that counter-UAS capabilities need to be autonomous, integrated and deployable at scale. Together, we’re taking technology that has already been proven in operational settings and accelerating its deployment to deliver a stronger, more responsive defense against evolving threats.”

 

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