Lockheed Martin, established in 1912, is a global security and aerospace company headquartered in Bethesda, Maryland. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space Systems. The company specializes in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services for defense, space, and commercial applications. These include combat and air mobility aircraft, missiles, helicopters, ship and submarine mission systems, satellites, and cybersecurity solutions. Lockheed Martin also provides a range of management, engineering, technical, scientific, logistic, and information services. Since 2007, Lockheed Martin Ventures, the company's venture capital arm, has invested over $100 million in startup companies developing disruptive technologies in core businesses and new markets, with a focus on autonomous systems, cybersecurity, space technologies, and advanced materials, among others.
Communications Director, Aircraft and Logistics Centers
Frank St John
COO
Allan Lockheed
Founder
John Moran
Vice President and General Manager
Gopal Rajaraman
Senior Investment Manager
John Sheehan
Vice President and General Manager Commercial Aviation Inspection Service
Xiaoming Yin Ph.D
Senior Investment Manager
Past deals in Aerospace
Amentum's Rapid Solutions
Acquisition in 2025
Amentum's Rapid Solutions manufactures communications and other systems for national security programs. The company is a business unit that specializes in the development and manufacturing of airborne and space intelligence, surveillance, and reconnaissance (ISR) platforms, advanced communications systems, and tactical technologies. Its products are designed to support national security missions and address complex defense challenges.
Electra.aero
Series B in 2025
Electra.aero is a manufacturer of hybrid-electric aircraft focused on sustainable urban and regional mobility. The company specializes in the design of electric short takeoff and landing (eSTOL) airplanes that incorporate advanced technologies such as pilot assistance systems, powered-lift, and distributed electric propulsion. These innovations allow for on-demand services that eliminate the need for ground charging infrastructure and enable quick turnaround in various environments. Electra.aero aims to provide clients with safe, clean, quiet, convenient, and affordable transportation solutions, contributing to a more sustainable future in aviation.
Ayar Labs
Series D in 2024
Ayar Labs, Inc. specializes in the development of optical interconnect technology, focusing on high-density electronic-photonic chiplets and lasers designed to enhance data transmission capabilities. Its flagship product, TeraPHY, is a monolithic in-package optical I/O solution that enables high bandwidth, low latency, and power-efficient short-reach interconnects, making it suitable for applications in artificial intelligence, high-performance computing, cloud computing, telecommunications, and aerospace. The company's innovative approach leverages industry-standard silicon processing techniques to create optical interconnect chiplets that replace traditional electrical-based I/O, addressing performance and efficiency challenges in the semiconductor and computing industries. By optimizing data movement within AI systems, Ayar Labs aims to alleviate compute and bandwidth bottlenecks associated with complex large language models, thereby maximizing computational efficiency while minimizing costs and power consumption. Established in 2015 and headquartered in Emeryville, California, Ayar Labs also has an office in Santa Clara, California.
Q5D
Venture Round in 2024
Q5D is an innovative company that specializes in automating the manufacture and assembly of wiring looms and harnesses across various industrial sectors. By developing advanced laser micromachining technology, Q5D streamlines the intricate process of connecting electrical components. This technology enhances global manufacturing capabilities, particularly in consumer goods, electronics, automotive, aerospace, and robotics. By enabling the direct addition of wires and printed electronics to product surfaces, Q5D improves quality, productivity, and functionality while reducing manufacturing costs. As a result, the company provides its clients with a significant advantage in achieving efficiency, resilience, and sustainability in their operations.
SatVu
Venture Round in 2024
Satellite Vu specializes in thermal imaging satellite technology designed to monitor the temperature of buildings and infrastructure globally. By focusing on infrared and heat emissions, the company provides near real-time insights into economic activity, energy efficiency, and carbon footprints. This data supports various stakeholders, including the energy sector, investors, and sustainable finance initiatives, by offering actionable environmental insights. Additionally, Satellite Vu's technology aids natural disaster responders and building operators, contributing to informed decision-making on issues such as energy management and environmental sustainability.
Inversion
Series A in 2024
Inversion Space is a privately held company focused on transforming the utilization of space through the development of affordable and high-frequency return vehicles. Aimed at both commercial and defense sectors, Inversion's vehicles are designed to facilitate global delivery, resupply missions to space stations, and the return of resources from space. This capability is essential for supporting human activities in low-Earth orbit and beyond, allowing clients to access efficient and cost-effective re-entry solutions.
Firestorm
Series A in 2024
Firestorm is focused on developing modular open-source architecture tailored to meet the needs of the Department of Defense, emphasizing affordability and mass production. The company specializes in the manufacturing of loitering munitions and mission-adaptable systems designed to enhance aerial weaponry. Its products offer significant modularity and precision in payload delivery, equipping paratroopers with advanced aircraft suitable for modern combat scenarios. By prioritizing low-cost solutions, Firestorm aims to contribute to the evolving demands of the hyper-enabled battlefield.
Agile Space Industries
Convertible Note in 2024
Agile Space Industries Inc. specializes in designing, manufacturing, and testing advanced in-space propulsion systems for satellites and spacecraft. Utilizing state-of-the-art 3D metal alloy printing techniques, the company develops storable monopropellant and bipropellant thrusters, as well as propulsion systems tailored to various space vehicle form factors. Based in Durango, Colorado, Agile Space Industries operates a dedicated propulsion test facility where it conducts rigorous testing of new engine designs. The company has significant experience working on projects for defense, civil, and commercial sectors, collaborating with prominent organizations such as SpaceX and NASA. In addition to propulsion systems, Agile Space Industries offers a range of precision diagnostic test services, including atmospheric, altitude, and vacuum testing, as well as rapid propulsion development services. Founded in 2009, the company continues to advance its capabilities in the field of space propulsion.
Terran Orbital
Acquisition in 2024
Terran Orbital Corporation specializes in the manufacture of picosatellites, cubesats, and nanosatellites, catering to government and commercial clients. The company provides a range of integrated systems, including the Intrepid platform for cubesat and nanosatellite missions, and the Endeavour spacecraft bus, which offers advanced subsystems like high-speed communications and attitude control. Additionally, Terran Orbital develops radiation-tolerant FPGA-based computer systems and offers a variety of support services, such as mission consulting, satellite development, and launch services. The firm serves a diverse clientele, including enterprises, universities, and government agencies, primarily in the United States and Europe. Established in 2014 and headquartered in Irvine, California, Terran Orbital aims to deliver cost-effective aerospace solutions through its comprehensive approach to satellite design, production, and mission operations.
H3X
Series A in 2024
H3X Technologies specializes in the manufacture of high-power density electric propulsion systems designed for sustainable aviation and urban air mobility. Founded in 2020 by Jason Sylvestre, Eric Maciolek, and Max Liben, the company has developed a unique product that integrates the electric motor and inverter into a single unit. This innovation aims to drive significant decarbonization across aviation, marine, and heavy industrial sectors, enhancing performance while also contributing to national security. H3X's systems allow aerospace companies to retrofit existing designs, thereby improving aircraft efficiency and promoting a more sustainable future in aviation.
X-Bow Launch Systems
Series B in 2024
X-Bow Launch Systems Inc., located in Albuquerque, New Mexico, specializes in the production of advanced solid rocket motors and hypersonic technologies for both commercial and government applications. The company provides a comprehensive service that encompasses the design, testing, and launching of solid rocket motors. Utilizing additive manufacturing techniques, X-Bow is able to produce customizable and cost-effective rocket propulsion systems, enhancing efficiency and performance for various payloads.
HelicitySpace
Venture Round in 2024
HelicitySpace, founded in 2018 and based in Berkeley, California, focuses on developing advanced propulsion and power technologies to facilitate human expansion into the solar system. The company specializes in its Helicity Drive technology, a scalable pulsed fusion concept that ranges from fusion-augmented electric propulsion to fully ignited reactors. This technology utilizes principles such as magnetic reconnection, plasma plectonemes, and peristaltic magnetic compression to enhance in-space propulsion systems. By offering high-power electric propulsion thrusters and harnessing fusion energy during the exhaust process, HelicitySpace aims to support space exploration initiatives and accelerate their development activities.
Firestorm
Seed Round in 2024
Firestorm is focused on developing modular open-source architecture tailored to meet the needs of the Department of Defense, emphasizing affordability and mass production. The company specializes in the manufacturing of loitering munitions and mission-adaptable systems designed to enhance aerial weaponry. Its products offer significant modularity and precision in payload delivery, equipping paratroopers with advanced aircraft suitable for modern combat scenarios. By prioritizing low-cost solutions, Firestorm aims to contribute to the evolving demands of the hyper-enabled battlefield.
X-Bow Launch Systems
Venture Round in 2023
X-Bow Launch Systems Inc., located in Albuquerque, New Mexico, specializes in the production of advanced solid rocket motors and hypersonic technologies for both commercial and government applications. The company provides a comprehensive service that encompasses the design, testing, and launching of solid rocket motors. Utilizing additive manufacturing techniques, X-Bow is able to produce customizable and cost-effective rocket propulsion systems, enhancing efficiency and performance for various payloads.
South 8 Technologies
Venture Round in 2023
South 8 Technologies, Inc. is a manufacturer based in San Diego, California, specializing in advanced lithium batteries and electrochemical capacitors that utilize a unique liquefied gas electrolyte known as LiGas®. Founded in 2015, the company addresses key issues associated with traditional lithium-ion batteries, particularly their susceptibility to fire and performance limitations in extreme temperatures. LiGas technology enhances energy density and safety, allowing batteries to operate effectively within a temperature range of -60 to 60 °C. This innovation serves a diverse array of applications, including electric vehicles, energy storage, aerospace, and defense industries, by providing improved performance and reduced flammability compared to conventional materials. South 8 has developed its first battery cell, the Arctic™ LiGas 18650, and is actively working on additional battery chemistries. The company holds 23 patents across multiple jurisdictions, with a customer base that includes cell manufacturers and end-users, supported by various investors in the technology and automotive sectors.
Sintavia
Corporate Round in 2023
Sintavia is a leader in applied additive manufacturing specifically serving the Aerospace, Defense, and Space industries. The company offers comprehensive, vertically integrated metal additive production services, encompassing design, fabrication, quality testing, and post-processing. Sintavia utilizes high-speed printers and precision post-processing equipment, along with an advanced metallurgical and powder laboratory, to ensure the production of high-quality, customized metal parts that meet stringent industry standards. As a founding member of the Additive Manufacturer Green Trade Association, Sintavia is dedicated to maintaining the highest quality standards and holds multiple aerospace accreditations, including Nadcap. This commitment positions Sintavia as a trusted partner for original equipment manufacturers in the aerospace sector.
Agile Space Industries
Seed Round in 2023
Agile Space Industries Inc. specializes in designing, manufacturing, and testing advanced in-space propulsion systems for satellites and spacecraft. Utilizing state-of-the-art 3D metal alloy printing techniques, the company develops storable monopropellant and bipropellant thrusters, as well as propulsion systems tailored to various space vehicle form factors. Based in Durango, Colorado, Agile Space Industries operates a dedicated propulsion test facility where it conducts rigorous testing of new engine designs. The company has significant experience working on projects for defense, civil, and commercial sectors, collaborating with prominent organizations such as SpaceX and NASA. In addition to propulsion systems, Agile Space Industries offers a range of precision diagnostic test services, including atmospheric, altitude, and vacuum testing, as well as rapid propulsion development services. Founded in 2009, the company continues to advance its capabilities in the field of space propulsion.
RED 6
Series B in 2023
RED 6 Inc. is a company specializing in outdoor augmented reality solutions aimed at enhancing air combat training. Founded in 2017 and headquartered in Santa Monica, California, it has developed the Airborne Tactical Augmented Reality System (ATARS). This innovative system allows real pilots in actual aircraft to engage with synthetically generated enemy threats in real time, utilizing augmented reality visors and an AI-driven multiplayer network. The technology also incorporates biometric feedback loops to optimize training experiences. RED 6's solutions are designed to revolutionize military training applications, enabling enhanced readiness and operational effectiveness for armed forces worldwide. In addition to military applications, the technology holds potential for various industries, including entertainment, sports, and medicine.
Ayar Labs
Series C in 2023
Ayar Labs, Inc. specializes in the development of optical interconnect technology, focusing on high-density electronic-photonic chiplets and lasers designed to enhance data transmission capabilities. Its flagship product, TeraPHY, is a monolithic in-package optical I/O solution that enables high bandwidth, low latency, and power-efficient short-reach interconnects, making it suitable for applications in artificial intelligence, high-performance computing, cloud computing, telecommunications, and aerospace. The company's innovative approach leverages industry-standard silicon processing techniques to create optical interconnect chiplets that replace traditional electrical-based I/O, addressing performance and efficiency challenges in the semiconductor and computing industries. By optimizing data movement within AI systems, Ayar Labs aims to alleviate compute and bandwidth bottlenecks associated with complex large language models, thereby maximizing computational efficiency while minimizing costs and power consumption. Established in 2015 and headquartered in Emeryville, California, Ayar Labs also has an office in Santa Clara, California.
H3X
Venture Round in 2023
H3X Technologies specializes in the manufacture of high-power density electric propulsion systems designed for sustainable aviation and urban air mobility. Founded in 2020 by Jason Sylvestre, Eric Maciolek, and Max Liben, the company has developed a unique product that integrates the electric motor and inverter into a single unit. This innovation aims to drive significant decarbonization across aviation, marine, and heavy industrial sectors, enhancing performance while also contributing to national security. H3X's systems allow aerospace companies to retrofit existing designs, thereby improving aircraft efficiency and promoting a more sustainable future in aviation.
Fortem Technologies
Venture Round in 2023
Fortem Technologies, Inc. specializes in developing and manufacturing AI-enabled solutions for airspace security and safety, focusing on intrusion detection and detect-and-avoid systems for drones and unmanned aircraft vehicles (UAVs). The company offers a range of products, including advanced radars designed for aircraft integration, the ThreatAware AI analysis engine for real-time data assessment, and the DroneHunter, which provides perimeter intrusion detection and protection. Fortem’s technologies support organizations in safely transitioning their unmanned operations beyond visual line of sight, enhancing situational awareness and enabling comprehensive airspace management. Founded in 2016 and headquartered in Provo, Utah, Fortem Technologies is backed by various investors and aims to provide innovative solutions that meet industry and regulatory standards.
Lux Semiconductors
Seed Round in 2023
Lux Semiconductors specializes in the development of crystalline thin-film semiconductors aimed at enhancing the integration of semiconductor chips. The company utilizes a proprietary system-on-foil platform that supports heterogeneous integration, allowing for the incorporation of silicon circuitry onto a patterned flexible silicon substrate. This innovative approach enables the production of densely integrated, durable, lightweight, and flexible devices. Lux Semiconductors' technology serves a variety of sectors, including aerospace, defense, clean energy, medical, and consumer internet-of-things electronics, facilitating the fabrication of advanced electronic components that address current industry challenges.
Machina Labs
Venture Round in 2023
Machina Labs is a mechanical and industrial engineering firm focused on automating metal forming and fabrication processes through the application of artificial intelligence and machine learning. The company has developed a manufacturing platform that integrates advanced robotics and AI technologies, enabling the rapid and cost-effective realization of innovative ideas. By creating new methods that simplify machinery requirements, Machina Labs serves a diverse range of sectors, including aerospace, automotive, consumer goods, and defense. This approach allows industries to reduce reliance on costly tooling and setup, streamlining production and enhancing efficiency.
Slingshot Aerospace
Series A in 2022
Slingshot Aerospace, Inc. is a technology company that develops online tools and platforms to provide geospatial information for the aerospace and defense industries. With its suite of platforms, including Slingshot Earth, Slingshot Orbital, Slingshot Edge, and Slingshot Imagery, the company integrates data streams from various sources, such as satellites, drones, and ground-based sensors, to deliver critical insights that enhance decision-making for its clients. Operating from its headquarters in El Segundo, California, and an additional office in Austin, Texas, Slingshot Aerospace serves a diverse range of sectors, including energy, aerospace, insurance, military, government, engineering services, and emergency management. The company's mission is to empower both government and commercial space organizations by providing simulation and analytics solutions that improve mission success and ensure safe, reliable operations in complex environments.
Terran Orbital
Post in 2022
Terran Orbital Corporation specializes in the manufacture of picosatellites, cubesats, and nanosatellites, catering to government and commercial clients. The company provides a range of integrated systems, including the Intrepid platform for cubesat and nanosatellite missions, and the Endeavour spacecraft bus, which offers advanced subsystems like high-speed communications and attitude control. Additionally, Terran Orbital develops radiation-tolerant FPGA-based computer systems and offers a variety of support services, such as mission consulting, satellite development, and launch services. The firm serves a diverse clientele, including enterprises, universities, and government agencies, primarily in the United States and Europe. Established in 2014 and headquartered in Irvine, California, Terran Orbital aims to deliver cost-effective aerospace solutions through its comprehensive approach to satellite design, production, and mission operations.
Orbit Fab
Series A in 2022
Orbit Fab, Inc. is a company focused on developing orbital propellant depots to support satellite servicing and expand the operational capabilities of space assets. Founded in 2018 and headquartered in San Francisco, California, the company provides various products, including the Rapidly Attachable Fluid Transfer Interface (RAFTI) for on-orbit refueling and docking, as well as prototypes of rigid and flexible tankers for the International Space Station (ISS). By creating the necessary infrastructure for in-space fuel supply, Orbit Fab aims to foster a growing market for satellite maintenance and new industries such as space tourism, manufacturing, and mining. Their technology enhances the flexibility and operational lifespan of satellites, enabling operators to acquire fuel and materials as needed, thus transforming the way satellites are serviced in orbit.
Antaris
Seed Round in 2022
Antaris is a software platform provider focused on simplifying the design, simulation, and operation of satellites. The company offers a comprehensive digital space software platform that includes design tools, digital twinning, and open APIs, enabling clients to manage the entire lifecycle of their satellites. With features that encompass complete spacecraft software and mission control, Antaris aims to enhance operational efficiency, reduce time-to-orbit, and lower mission operating costs. Additionally, the platform incorporates a secure space data networking protocol stack, further streamlining satellite operations for its clients.
Xona Space Systems
Venture Round in 2022
Xona Space Systems, Inc. specializes in developing and manufacturing position, navigation, and timing (PNT) satellite solutions. Founded in 2019 and headquartered in San Mateo, California, the company is focused on creating a constellation of low-cost, low-Earth orbiting satellites designed to enhance navigation for various applications, including autonomous vehicles, unmanned aerial vehicles, and mobile robotics. Their flagship product, the Xona Pulsar, delivers high-power signals from low Earth orbit, ensuring secure and accurate navigation and timing services. This innovative approach aims to meet the demands of smart transportation and smart infrastructure, providing the resilience and precision necessary for modern intelligent systems to operate safely and efficiently at scale.
X-Bow Launch Systems
Series A in 2022
X-Bow Launch Systems Inc., located in Albuquerque, New Mexico, specializes in the production of advanced solid rocket motors and hypersonic technologies for both commercial and government applications. The company provides a comprehensive service that encompasses the design, testing, and launching of solid rocket motors. Utilizing additive manufacturing techniques, X-Bow is able to produce customizable and cost-effective rocket propulsion systems, enhancing efficiency and performance for various payloads.
Terran Orbital
Post in 2022
Terran Orbital Corporation specializes in the manufacture of picosatellites, cubesats, and nanosatellites, catering to government and commercial clients. The company provides a range of integrated systems, including the Intrepid platform for cubesat and nanosatellite missions, and the Endeavour spacecraft bus, which offers advanced subsystems like high-speed communications and attitude control. Additionally, Terran Orbital develops radiation-tolerant FPGA-based computer systems and offers a variety of support services, such as mission consulting, satellite development, and launch services. The firm serves a diverse clientele, including enterprises, universities, and government agencies, primarily in the United States and Europe. Established in 2014 and headquartered in Irvine, California, Terran Orbital aims to deliver cost-effective aerospace solutions through its comprehensive approach to satellite design, production, and mission operations.
Terran Orbital
Post in 2022
Terran Orbital Corporation specializes in the manufacture of picosatellites, cubesats, and nanosatellites, catering to government and commercial clients. The company provides a range of integrated systems, including the Intrepid platform for cubesat and nanosatellite missions, and the Endeavour spacecraft bus, which offers advanced subsystems like high-speed communications and attitude control. Additionally, Terran Orbital develops radiation-tolerant FPGA-based computer systems and offers a variety of support services, such as mission consulting, satellite development, and launch services. The firm serves a diverse clientele, including enterprises, universities, and government agencies, primarily in the United States and Europe. Established in 2014 and headquartered in Irvine, California, Terran Orbital aims to deliver cost-effective aerospace solutions through its comprehensive approach to satellite design, production, and mission operations.
Slingshot Aerospace
Series A in 2022
Slingshot Aerospace, Inc. is a technology company that develops online tools and platforms to provide geospatial information for the aerospace and defense industries. With its suite of platforms, including Slingshot Earth, Slingshot Orbital, Slingshot Edge, and Slingshot Imagery, the company integrates data streams from various sources, such as satellites, drones, and ground-based sensors, to deliver critical insights that enhance decision-making for its clients. Operating from its headquarters in El Segundo, California, and an additional office in Austin, Texas, Slingshot Aerospace serves a diverse range of sectors, including energy, aerospace, insurance, military, government, engineering services, and emergency management. The company's mission is to empower both government and commercial space organizations by providing simulation and analytics solutions that improve mission success and ensure safe, reliable operations in complex environments.
Electra.aero
Series A in 2022
Electra.aero is a manufacturer of hybrid-electric aircraft focused on sustainable urban and regional mobility. The company specializes in the design of electric short takeoff and landing (eSTOL) airplanes that incorporate advanced technologies such as pilot assistance systems, powered-lift, and distributed electric propulsion. These innovations allow for on-demand services that eliminate the need for ground charging infrastructure and enable quick turnaround in various environments. Electra.aero aims to provide clients with safe, clean, quiet, convenient, and affordable transportation solutions, contributing to a more sustainable future in aviation.
Hedron
Series A in 2021
Hedron is focused on developing a network of data relay satellites that facilitate real-time communication between Earth and space. Their modular and scalable system employs a hybrid RF-optical communication approach, providing connectivity for low-Earth orbit satellites. Hedron's imaging satellites generate valuable data that address critical global challenges, including food and water security, climate change monitoring, and disaster mitigation. By offering a series of data relay nodes, the company enables clients to optimize the global economy and enhance understanding of the planet, paving the way for innovation and improved insights in various sectors.
Orbit Fab
Venture Round in 2021
Orbit Fab, Inc. is a company focused on developing orbital propellant depots to support satellite servicing and expand the operational capabilities of space assets. Founded in 2018 and headquartered in San Francisco, California, the company provides various products, including the Rapidly Attachable Fluid Transfer Interface (RAFTI) for on-orbit refueling and docking, as well as prototypes of rigid and flexible tankers for the International Space Station (ISS). By creating the necessary infrastructure for in-space fuel supply, Orbit Fab aims to foster a growing market for satellite maintenance and new industries such as space tourism, manufacturing, and mining. Their technology enhances the flexibility and operational lifespan of satellites, enabling operators to acquire fuel and materials as needed, thus transforming the way satellites are serviced in orbit.
Elroy Air
Series A in 2021
Elroy Air, Inc. is an aerospace and logistics company based in San Francisco, California, founded in 2016. The company specializes in autonomous aircraft systems designed for aerial cargo delivery, focusing on long-distance transport of heavy cargo. Its innovative air cargo system utilizes rotor-based vertical takeoff and landing (VTOL) technology, transitioning to wing-based cruise flight for efficient long-range delivery. Elroy Air serves various sectors, including commercial shipping, humanitarian aid, and military applications, providing solutions for the middle mile of logistics. Its delivery drones are capable of transporting modular pods loaded with significant amounts of cargo, making them suitable for rapid resupply in challenging environments and offering immediate aid in regions with underdeveloped infrastructure. This technology aims to enhance business-to-business express delivery while reducing costs and environmental impact compared to traditional aircraft.
Hidden Level
Venture Round in 2021
Hidden Level specializes in advanced technologies for passive radar and drone detection, focusing on RF spectrum signal analysis. The company offers a comprehensive Airspace Monitoring Service (AMS) that employs networks of passive sensors to detect and track various aerial vehicles, including drones, across extensive geographical areas. This service is tailored for critical sectors such as infrastructure, defense, and public safety, ensuring compliance with privacy regulations. In addition to drone detection, Hidden Level provides custom-built sensor technology, classical systems engineering, data modeling and analysis, field testing, printed circuit board design, and full product life cycle management. Their solutions aim to enhance safety and productivity in low-altitude air traffic monitoring for aerospace component manufacturers.
Ayar Labs
Series B in 2020
Ayar Labs, Inc. specializes in the development of optical interconnect technology, focusing on high-density electronic-photonic chiplets and lasers designed to enhance data transmission capabilities. Its flagship product, TeraPHY, is a monolithic in-package optical I/O solution that enables high bandwidth, low latency, and power-efficient short-reach interconnects, making it suitable for applications in artificial intelligence, high-performance computing, cloud computing, telecommunications, and aerospace. The company's innovative approach leverages industry-standard silicon processing techniques to create optical interconnect chiplets that replace traditional electrical-based I/O, addressing performance and efficiency challenges in the semiconductor and computing industries. By optimizing data movement within AI systems, Ayar Labs aims to alleviate compute and bandwidth bottlenecks associated with complex large language models, thereby maximizing computational efficiency while minimizing costs and power consumption. Established in 2015 and headquartered in Emeryville, California, Ayar Labs also has an office in Santa Clara, California.
RED 6
Venture Round in 2020
RED 6 Inc. is a company specializing in outdoor augmented reality solutions aimed at enhancing air combat training. Founded in 2017 and headquartered in Santa Monica, California, it has developed the Airborne Tactical Augmented Reality System (ATARS). This innovative system allows real pilots in actual aircraft to engage with synthetically generated enemy threats in real time, utilizing augmented reality visors and an AI-driven multiplayer network. The technology also incorporates biometric feedback loops to optimize training experiences. RED 6's solutions are designed to revolutionize military training applications, enabling enhanced readiness and operational effectiveness for armed forces worldwide. In addition to military applications, the technology holds potential for various industries, including entertainment, sports, and medicine.
ABL Space Systems
Venture Round in 2020
ABL Space Systems specializes in designing and manufacturing rockets for the launch of small satellites. Incorporated in 2017 and based in El Segundo, California, the company focuses on developing low-cost and reliable launch vehicles, with its primary product being the RS1 rocket. This vehicle is capable of carrying payloads of up to 1,350 kilograms to Low Earth Orbit (LEO) and supports various configurations, including multi-manifest and dedicated deployments. In addition to the RS1, ABL also creates the GS0 ground system, which facilitates rapid deployment and integration of launch operations at multiple sites. The company operates from a 30,000 square foot facility dedicated to research, development, and production, and is privately owned, supported by a group of private equity investors.
Ayar Labs
Venture Round in 2020
Ayar Labs, Inc. specializes in the development of optical interconnect technology, focusing on high-density electronic-photonic chiplets and lasers designed to enhance data transmission capabilities. Its flagship product, TeraPHY, is a monolithic in-package optical I/O solution that enables high bandwidth, low latency, and power-efficient short-reach interconnects, making it suitable for applications in artificial intelligence, high-performance computing, cloud computing, telecommunications, and aerospace. The company's innovative approach leverages industry-standard silicon processing techniques to create optical interconnect chiplets that replace traditional electrical-based I/O, addressing performance and efficiency challenges in the semiconductor and computing industries. By optimizing data movement within AI systems, Ayar Labs aims to alleviate compute and bandwidth bottlenecks associated with complex large language models, thereby maximizing computational efficiency while minimizing costs and power consumption. Established in 2015 and headquartered in Emeryville, California, Ayar Labs also has an office in Santa Clara, California.
PV Labs
Venture Round in 2020
PV Labs Inc. is an image acquisition and analytics company based in Hamilton, Canada, with an additional office in Van Nuys, California. Founded in 2004, the company designs and develops advanced vision-based technology solutions primarily for the security, surveillance, industrial, and entertainment sectors. PV Labs specializes in aerial imaging systems for intelligence, surveillance, and reconnaissance (ISR) applications, catering to government and military needs. Its product offerings include the Look Down Gimbal, which stabilizes sensor payloads, and the Tactical Content Management System, designed to manage and deliver real-time data from multiple data streams. The company also provides a range of sensor solutions, including extended-range telescopes, hyperspectral imaging systems, and turnkey ISR systems that integrate multiple sensors and support data processing and storage. Additionally, PV Labs develops camera systems for monitoring manufacturing processes and specialized aerial camera systems for diverse applications, including infrastructure management and high-speed production control.
ABL Space Systems
Corporate Round in 2019
ABL Space Systems specializes in designing and manufacturing rockets for the launch of small satellites. Incorporated in 2017 and based in El Segundo, California, the company focuses on developing low-cost and reliable launch vehicles, with its primary product being the RS1 rocket. This vehicle is capable of carrying payloads of up to 1,350 kilograms to Low Earth Orbit (LEO) and supports various configurations, including multi-manifest and dedicated deployments. In addition to the RS1, ABL also creates the GS0 ground system, which facilitates rapid deployment and integration of launch operations at multiple sites. The company operates from a 30,000 square foot facility dedicated to research, development, and production, and is privately owned, supported by a group of private equity investors.
Tempo Automation Holdings
Series C in 2019
Tempo Automation Holdings, established in 2013 and headquartered in San Francisco, specializes in manufacturing low-volume electronics products. The company's core business involves designing and assembling printed circuit boards (PCBs) using a proprietary, software-automated platform. This platform enables Tempo to provide its customers, predominantly from industries such as aerospace, medical technology, and automotive, with unparalleled speed, quality, and transparency during the critical prototype and new product introduction stages. By optimizing the complex PCB manufacturing process, Tempo Automation empowers its clients to iterate quickly and bring innovative products to market more efficiently.
Terran Orbital
Series B in 2018
Terran Orbital Corporation specializes in the manufacture of picosatellites, cubesats, and nanosatellites, catering to government and commercial clients. The company provides a range of integrated systems, including the Intrepid platform for cubesat and nanosatellite missions, and the Endeavour spacecraft bus, which offers advanced subsystems like high-speed communications and attitude control. Additionally, Terran Orbital develops radiation-tolerant FPGA-based computer systems and offers a variety of support services, such as mission consulting, satellite development, and launch services. The firm serves a diverse clientele, including enterprises, universities, and government agencies, primarily in the United States and Europe. Established in 2014 and headquartered in Irvine, California, Terran Orbital aims to deliver cost-effective aerospace solutions through its comprehensive approach to satellite design, production, and mission operations.
Terran Orbital
Venture Round in 2017
Terran Orbital Corporation specializes in the manufacture of picosatellites, cubesats, and nanosatellites, catering to government and commercial clients. The company provides a range of integrated systems, including the Intrepid platform for cubesat and nanosatellite missions, and the Endeavour spacecraft bus, which offers advanced subsystems like high-speed communications and attitude control. Additionally, Terran Orbital develops radiation-tolerant FPGA-based computer systems and offers a variety of support services, such as mission consulting, satellite development, and launch services. The firm serves a diverse clientele, including enterprises, universities, and government agencies, primarily in the United States and Europe. Established in 2014 and headquartered in Irvine, California, Terran Orbital aims to deliver cost-effective aerospace solutions through its comprehensive approach to satellite design, production, and mission operations.
OMX
Venture Round in 2017
OMX is a subscription-based, industry-led software platform that connects businesses in the international defense, aerospace, and security industries. The platform supports businesses to improve leverage of government procurements, increase efficiency, reduce cost, and ensure economic benefit to government. OMX also provides access to tens of thousands of companies by region, size, local content, certifications, and capability, with software tools to manage supplier and customer communications collaboratively across an organization. The platform is web-based, which helps companies to control their supply chain and sales management while on the road or working in different environments internally. The platform generates real-time analytics and reporting to ensure companies are ahead of their offset obligations as a result of winning government contracts. OMX is based in Toronto, O.N.
CarteNav Solutions
Funding Round in 2016
CarteNav Solutions Inc., based in Halifax, Nova Scotia, is a privately held and employee-owned company founded in 2002. Initially focused on research and development for defense laboratories in Canada, Australia, and New Zealand, CarteNav gained recognition with the introduction of its flagship product, AIMS-ISR®, which integrates moving map technology with advanced EO/IR turret control and video processing. This software has become a leading solution for situational awareness in maritime, land, and air environments, utilized by both government and non-government agencies across more than 25 platforms in over 17 countries. Additionally, CarteNav offers AIMS-HD, a cost-effective solution that enhances the functionality of EO/IR cameras. The company is ISO-9001:2008 certified and is distinguished by its expertise in sensor management, user interfaces, and systems integration, alongside a strong commitment to customer service and quality.
Texas Guadaloop
Grant in 2016
Texas Guadaloop is focused on developing innovative transportation solutions through its research into hyperloop technology. The company has created a pod prototype that employs air-bearing technology, allowing it to levitate and operate with zero friction within hyperloop tubing. This design significantly reduces drag, enabling the system to reach maximum speeds of 700 miles per hour. By offering a more cost-effective alternative to traditional magnetic levitation systems, Texas Guadaloop aims to enhance the efficiency of transporting goods and people while addressing the growing demands for sustainable transportation options.
Sikorsky Aircraft
Acquisition in 2015
Sikorsky Aircraft Corporation is a prominent manufacturer of military and commercial helicopters, as well as fixed-wing reconnaissance aircraft. Established in 1923 and headquartered in Stratford, Connecticut, the company specializes in designing, producing, and servicing a diverse range of helicopters, including civil and heavy lift models, while also offering related spare parts. Sikorsky provides comprehensive maintenance, repair, and overhaul services, along with integrated helicopter services such as management, maintenance, and charter flights. Its helicopters are utilized by various governments across multiple countries, including the United States, Australia, and many others in Europe, Asia, and the Middle East. The company operates manufacturing and assembly facilities in Stratford, Troy, and West Palm Beach, and has additional centers for military and commercial aircraft completion, prototyping, and engineering across several states. Sikorsky Aircraft Corporation is a subsidiary of United Technologies Corp.
Zeta Associates
Acquisition in 2014
Zeta Associates is a company that focuses on developing software solutions aimed at supporting national security missions. Their products are designed to assist in the collection, processing, safeguarding, and dissemination of critical information, catering specifically to the needs of intelligence and defense communities. Through its technology, Zeta Associates plays a vital role in enhancing the effectiveness of operations that are essential for national security.
Deposition Sciences
Acquisition in 2014
Deposition Sciences, Inc. (DSI) specializes in the manufacturing and sale of optical thin film coatings. The company primarily caters to clients in the military and aerospace sectors, both in the United States and internationally. By providing advanced thin film coatings, DSI plays a crucial role in enhancing the performance and durability of various optical components used in critical applications.
CDL Systems
Acquisition in 2012
CDL Systems was established in 1992 by Dave Weiler and Albert Sulmistras. They are a CMMI level 3 appraised software engineering firm specializing in the development of control station software for operating unmanned vehicle systems. Once a small technology start-up, they have grown into a 70 employee operation with offices in Calgary, Alberta and Huntsville, Alabama.
Chandler/May
Acquisition in 2012
Chandler/May, Inc. has delivered hundreds of integrated command and control shelters and portable ground control stations in support of U.S. Army UAS programs. They have produced more than 2,200 unmanned aerial vehicles (UAVs), including the Desert Hawk UAV, a program for which Chandler/May, Inc. is a supplier to Lockheed Martin. Chandler/May, Inc. has also developed a fully integrated UAS, consisting of the Fury® UAV, SharkFin® Mission & Flight Control System and Tactical Air Vehicle Control System (TACS) ground control station.
Procerus Technologies
Acquisition in 2012
Procerus Technologies is a company focused on the development of autopilot systems and avionics for micro unmanned aerial systems (UAS). It provides advanced technologies, including autopilot, targeting, and payload solutions, catering to a diverse clientele that includes domestic and international governments, as well as industry and academic institutions. By specializing in micro UAS, Procerus Technologies aims to enhance the operational capabilities of unarmed aerial vehicles, contributing to various applications across multiple sectors.
Gyrocam Systems
Acquisition in 2009
Gyrocam Systems, LLC specializes in the manufacturing of gyrostabilized camera systems aimed at law enforcement and security applications. The company offers a range of products including triple sensor systems, day/night vision capabilities, dual sensor options, and high-definition color cameras, as well as solutions for marine patrol and mobile land-based site protection. Established in 1987 as Aerial Films, Inc., it rebranded to Gyrocam Systems, LLC in 2003 and is headquartered in Sarasota, Florida. The company's optical surveillance systems encompass vehicle-mounted and infrared sensor systems, airborne surveillance applications, transportable surveillance centers, and perimeter security solutions. These products serve various markets, enabling enhanced safety measures and situational awareness in expeditionary, maritime, and airborne environments. As of August 31, 2009, Gyrocam operates as a subsidiary of Lockheed Martin Corporation.
Universal Systems & Technology
Acquisition in 2008
Universal Systems & Technology is a company that was acquired by Lockheed Martin Corporation in 2009.
HMT Vehicles
Acquisition in 2006
HMT Vehicles Limited (HMT) is a privately owned company that has funded the development for innovative designs that have been incorporated into light to medium high mobility wheeled military vehicles in the U.S. and U.K. HMT owns and licenses the intellectual property associated with these designs. Vehicles incorporating HMT's designs are used as platforms for weapons programs such as the Lightweight Mobile Artillery Weapons System and the Soothsayer electronic warfare programs in the UK.
INSYS Group
Acquisition in 2005
INSYS Group Limited, a UK-based diversified integrator of military communications systems, weapons systems and advanced future concepts development.
Coherent Technologies
Acquisition in 2005
Coherent Technologies performs research, product development, and systems integration for products designed to maintain continuous, real-time operations in demanding environments and provide critical information regarding target identification and hazardous meteorological events.
Stasys
Acquisition in 2005
STASYS Limited, a U.K.-based technology and consulting firm specializing in network communications and defense interoperability. Terms of the transaction were not disclosed. Serving a diverse range of international defense and civil government customers, STASYS provides highly specialized expertise in tactical data link integration, requirements management, modeling and simulation, and air traffic management consulting.
Loral Corporation
Acquisition in 1996
Loral Corporation is a defense contractor founded in 1948 in New York by William Lorenz and Leon Alpert.
X-Bow Launch Systems
X-Bow Launch Systems Inc., located in Albuquerque, New Mexico, specializes in the production of advanced solid rocket motors and hypersonic technologies for both commercial and government applications. The company provides a comprehensive service that encompasses the design, testing, and launching of solid rocket motors. Utilizing additive manufacturing techniques, X-Bow is able to produce customizable and cost-effective rocket propulsion systems, enhancing efficiency and performance for various payloads.
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