Lockheed Martin Ventures

Lockheed Martin Ventures, established in 2014, is a venture capital arm of Lockheed Martin Corporation. It focuses on investing in early-stage companies specializing in advanced technologies such as autonomous systems, cybersecurity, space technologies, and artificial intelligence.

Paul Colonna

Jeff Cunningham

Investor

David Jewell

Communications Director

Chris Moran

Vice President

Alison (Ali) Perez

Investor

Past deals in Drones

Inversion

Series A in 2024
Inversion specializes in developing affordable, reusable spacecraft designed for commercial and defense industries. Their primary focus is creating autonomous re-entry vehicles to facilitate global cargo delivery, space station resupply, and resource return, aiming to make space exploration more accessible and sustainable.

EpiSci

Seed Round in 2023
EpiSci specializes in developing advanced AI-based solutions for unmanned/uncrewed vehicle platforms. Their offerings include trusted, hardware-agnostic, and rapidly portable autonomy systems.

Fortem Technologies

Venture Round in 2023
Fortem Technologies is a security technology company that develops AI-enabled airspace security and detect-and-avoid solutions to identify, classify, and manage drones and other unmanned aircraft. Its offerings include radar-based detection systems and AI-driven monitoring software, enabling real-time analysis of multiple sensors to support safe autonomous flight and BVLOS operations. Key products and capabilities include DAA-R10 and DAA-R20 radar-based detect-and-avoid systems, ThreatAware AI analysis engine, the F700 Patriot multi-rotor platform, and DroneHunter, an autonomous interceptor for perimeter intrusion detection and protection. The company serves defense, government, and commercial sectors and is based in Provo, Utah.

Xona Space Systems

Venture Round in 2022
Xona Space Systems develops and manufactures position, navigation, and timing satellite solutions for smart transportation and infrastructure. The company operates a constellation of low-cost, low-Earth-orbit satellites to deliver secure navigation and timing services with resilience and high location precision for autonomous vehicles, unmanned aerial vehicles, mobile robotics, and other location-critical applications. Founded in 2019 and based in San Mateo, California, Xona Space Systems aims to enable safe, scalable operation of intelligent systems at scale.

Elroy Air

Series A in 2021
Founded in 2016, Elroy Air is a San Francisco-based aerospace company specializing in autonomous cargo delivery. It operates an aerial system featuring rotor-based vertical takeoff and landing, transitioning to wing-based cruise flight for long-range deliveries. The company serves commercial, humanitarian aid, and military applications.

Hidden Level

Venture Round in 2021
Hidden Level develops airspace sensing technologies, specializing in passive radar and drone detection through RF spectrum signal analysis. Its airspace monitoring systems deploy networks of passive sensors to detect and track drones and other aerial vehicles over large geographic areas, supporting critical infrastructure, defense, and public safety customers. The company emphasizes safety through sensing, offering services that cover classical systems engineering, data modeling and analysis, field testing, and full product lifecycle management, including PCB design. Its solutions enable monitoring of low-altitude air traffic while maintaining privacy in compliance with applicable regulations.

PV Labs

Venture Round in 2020
PV Labs Inc. is an established image acquisition and analytics company based in Hamilton, Canada, with an additional office in Van Nuys, California. Founded in 2004, the company specializes in designing and developing advanced aerial imaging systems for intelligence, surveillance, and reconnaissance (ISR) applications, catering to various levels of government and military needs. PV Labs offers a range of innovative products, including the Look Down Gimbal, which stabilizes sensor payloads, and the Tactical Content Management System, facilitating real-time data management over limited bandwidth. Their technology encompasses sensor solutions for persistent wide area surveillance, extended range electro-optical and infrared telescopes, and hyperspectral imaging. The company also provides camera systems for monitoring and inspecting manufacturing processes and offers specialized aerial imaging solutions for the security, public safety, and geospatial sectors, as well as for cinema, broadcast, and gaming applications.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.