Fortem Technologies Closes $17.8M In Funding Round To Scale Airspace Safety And Security Capabilities

Feb 21, 2023•over 2 years ago

Amount Raised

$17.8 Million

LindonAerospaceManufacturingSecurity

Investors

Signia Venture PartnersDcvcAim13|Crumpton Venture PartnersHanwha AerospaceLockheed Martin Ventures

Description

Fortem Technologies, a leader in airspace awareness, security, and defense, today announced that they have closed a funding round of $17.8 million led by new key industry investors including Lockheed Martin Ventures, Hanwha Aerospace, and AIM13|Crumpton Venture Partners. Existing investors DCVC and Signia Venture Partners have also contributed additional funds. The capital will help Fortem scale to meet growing demands across multiple regions and market sectors in airspace safety and security.

Company Information

Company

Fortem Technologies

Location

Lindon, Utah, United States

About

Fortem Technologies is the leader in airspace awareness, security, and defense for detecting and defeating dangerous drones. Through an advanced, end to end system of distributed radar, AI at the Edge, deep sensor integration, and autonomous drone capture, Fortem monitors and defends the world’s venues, infrastructures, cities, and regions. The same system is accelerating the safety of the world’s airspace for urban air mobility.

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