Latest Federal & Government Contracting Companies' News Coverage
Lockheed Martin’s venture capital arm has made an investment in Electra.aero through a Series A funding round to enable the latter to perform flight testing of its hybrid-electric ultra-short takeoff and landing demonstrator aircraft in 2022. “Electra’s technical approach to sustainable aviation is differentiated, and we are excited to see this concept mature,” Chris Moran, […] More
Lockheed Martin's venture capital arm has invested in artificial intelligence company Fiddler for an undisclosed amount in a push to scale the latter's technology in the aerospace and defense sectors, Breaking Defense reported Tuesday.
RunSafe Security has raised $3.5M in a new round of Series A financing from Lockheed Martin's venture capital arm and NextGen Venture Partners.
Lockheed Martin's venture capital arm has made a strategic investment in Ayar Labs to help the latter advance the commercialization of its monolithic in-package optical input/output platform.
Lockheed Martin has donated money to BMNT's nonprofit arm, The Common Mission Project, to support a university course designed to equip students with cyber skills to address national security threats.
Supply chain security technology developer DUST Identity has raised $10M in Series A funding round led by Kleiner Perkins and supported by Lockheed Martin's venture capital arm, Airbus Ventures, Castle Island Ventures, New Science Ventures and Angular Ventures.
Lockheed Martin has announced plans to funnel approximately $460 million in tax reform law-related savings into several investment initiatives. The company said Thursday about $200 million of that savings will go to research-and-development programs and capital expenditures this year in addition to $100 million in funds that will be invested into Lockheed's venture capital fund. […] More
Lockheed Martin plans to move $100 million in funds saved through the tax reform law into its venture capital arm that invests in startups involved in the development of emerging technologies, Defense News reported Wednesday. “We'd love to go from “” generically “” about four investments per year, we'd love to get to six or […] More
Artificial intelligence chip developer Mythic has obtained $40 million in series B financing round led by SoftBank Ventures and backed by Lockheed Martin's venture capital arm, Data Collective, Lux Capital, DFJ, AME Cloud Ventures and Andy Bechtolsheim. Mythic said Wednesday it will use the investment to further develop a compute-in-memory technology designed to deliver the […] More
Lockheed Martin has made approximately $100 million in investments in 22 commercial technology startups since the defense contractor established its venture capital arm in 2007, CNBC reported Thursday. Lockheed Martin Ventures has invested this year in early-stage start-ups that work on technologies in the areas of cybersecurity, autonomous technology and nanosatellites and those companies include […] More
Lockheed Martin‘s venture capital arm has invested in Ocean Aero as both companies aim to seek opportunities to expand their autonomous maritime capabilities. The strategic investment from Lockheed Martin Ventures seeks to help the firms continue to demonstrate their capability to configure teams of autonomous platforms for complex missions, Lockheed said Friday. Chris Moran, executive director […] More
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