Lockheed Martin Ventures Fund Jumps 250% To $1 Billion
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5 Articles
Lockheed Martin Upsizes Venture Fund to $1B to Push National Security Technologies
Summary Lockheed Martin has expanded its venture fund, Lockheed Martin Ventures, from $400 million to $1 billion—a 250% increase and its largest boost since 2007. The funding will accelerate the development of critical national security technologies. CFO Evan Scott emphasized its role in innovation strategy. The fund has invested over $500 million in 120 companies, advancing AI, quantum computing, and other deep-tech solutions. Bethesda, Md.-b…
Lockheed Martin Ventures Fund Jumps 250% To $1 Billion
Lockheed Martin is increasing its venture capital fund, Lockheed Martin Ventures, to $1 billion, a 250% increase from its previous capacity of $400 million. This investment aims to mature technologies critical for future national security and strengthen the Defense Industrial Base supply chain.
Lockheed Martin expands venture capital fund to $1 billion
The company said the additional investment will be deployed over time to mature critical technologies for national security. The aim is to accelerate the transition of promising innovations from research and development into the Defense Industrial Base. “Our venture capital investments are a critical part of our overall strategy to develop and integrate the best technologies for national security now and in the future,” said Evan Scott. “Our inv…
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