Fortem Lands $50 Million as Demand for Counter-Drone Tech Surges

Fortem lands $50 million as demand for counter-drone tech surges

Fortem Technologies is putting fresh money behind its counter-drone ambitions as demand grows for systems capable of detecting and stopping unauthorized aircraft. The Lindon, Utah-based airspace security company has closed a $50 million Series B funding round led by Lockheed Martin. The round also includes Unusual Machines and other strategic and institutional investors. more…

Counter-Drone Tech Company Fortem Closes $50 Million Series B Round

Fortem Technologies on Wednesday said it closed its $50 million Series B funding round that was led by Lockheed Martin [LMT] to accelerate manufacturing meet growing demand for its counter-drone […]

Fortem Raises $50 Million to Scale Counter-Drone Systems

Lockheed Martin leads Series B as demand grows for integrated detection, tracking and drone interception technology Fortem Technologies has closed a $50 million Series B financing round to expand production and deployment of its counter-drone systems. Lockheed Martin led the round after committing $25 million in an initial investment announced in April. Unusual Machines also […]

Fortem Technologies Closes $50M Series B Financing Led by Lockheed Martin

LINDON, Utah--(BUSINESS WIRE)--Fortem Technologies, a global leader in airspace security, today announced the close of its $50 million Series B funding round. The round was led by Lockheed Martin, which committed $25 million in the initial tranche announced earlier this year, and includes participation from Unusual Machines and other strategic and institutional investors.As hostile and unauthorized drones pose escalating threats in civilian and …