Firestorm Labs raises $82M in Series B funding to scale mobile drone manufacturing
The startup says xCell can print drone bodies in under 24 hours and has already deployed two units domestically.
8 Articles
8 Articles
In the rapidly evolving world of defense industries, Firestorm Labs stands out as a driving force for innovation. Having raised $82 million, the company aims to move its drone manufacturing facilities to the front lines. Firestorm Labs raised $82 million to relocate its drone production to the field in a conflict in the Pacific Ocean, where the nearest U.S. drone factory is thousands of miles away. Ships and aircraft transporting parts to the fr…
Firestorm Labs raises $82M in Series B funding to scale mobile drone manufacturing
Defense technology company Firestorm Labs announced today it has secured $82 million in a Series B funding round to scale production and expand fielding for xCell, its mobile drone manufacturing platform. Right now, Firestorm can make a couple of xCell mobile containerized manufacturing solutions per month. With this money, CEO Dan Magy told Inside Defense yesterday, Firestorm should be able to produce four to five xCells per month. The company …
Firestorm Labs Raises $82M To Revolutionize Drone Factories With Containerized 3D Printing For Frontline Military Use
BitcoinWorld Firestorm Labs Raises $82M to Revolutionize Drone Factories with Containerized 3D Printing for Frontline Military Use Firestorm Labs has raised $82 million in Series B funding to deploy drone factories that fit inside shipping containers. The defense startup aims to solve a critical problem: how to manufacture drones close to the battlefield. In a Pacific conflict, the nearest U.S. drone factory sits thousands of miles away. Ships …
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