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Fortem Technologies closes $50 million Series B funding round, led by Lockheed Martin. The funding will help address the escalating threats posed by hostile drones in civilian and military airspace.
Amount Raised
$50 Million
Round Type
Series B
Investors
Description
Fortem Technologies, a global leader in airspace security, has successfully closed its $50 million Series B funding round. This round was spearheaded by Lockheed Martin, which contributed $25 million. The funding will be used to enhance their solutions against unauthorized drones in various airspaces. Participation also included Unusual Machines and other strategic investors.
Fundz sees it the moment Fortem Technologies raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansFortem Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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