Lockheed Martin
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.
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.
EpiSci specializes in developing tactical artificial intelligence solutions designed for unmanned or uncrewed vehicle platforms. The company focuses on creating hardware-agnostic and rapidly portable autonomy systems that can be applied in both military and commercial contexts. EpiSci's technology leverages artificial intelligence, digital signal processing, and software-defined networking to enhance autonomous multi-UAV control. By integrating these advanced technologies, EpiSci aims to provide clients with innovative collaborative autonomy solutions that improve operational efficiency and adaptability in complex environments.
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.
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.
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.
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.
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