Funding rounds
Announced	Stage	Amount	Valuation	Lead investors	Other investors	Confidence
Sep 30, 2026	Series B	$50.0M	—	Lockheed Martin	Unusual Machines	Confirmed
Nov 13, 2024	Undisclosed	$10.0M	—	LAGO Innovation Fund	—	Confirmed
Feb 20, 2023	Undisclosed	$17.8M	—	AIM13 \| Crumpton Venture Partners, Hanwha Aerospace, Lockheed Martin Ventures	DCVC, Signia Venture Partners	Confirmed
Mar 22, 2021	Strategic	$15.0M	—	Toshiba Infrastructure Systems & Solutions	—	Confirmed
Mar 14, 2018	Series A	$15.0M	—	DCVC	Boeing, Manifest Growth (Manifest Investment Partners), Mubadala Investment Company, New Ground Ventures, Signia Venture Partners	Confirmed
May 6, 2017	Seed	$5.5M	—	DCVC, Signia Venture Partners	—	Reported

Series B
Led by Lockheed Martin
With Unusual Machines
Confirmed
$50.0M
Sep 30, 2026
Undisclosed
Led by LAGO Innovation Fund
Confirmed
$10.0M
Nov 13, 2024
Undisclosed
Led by AIM13 | Crumpton Venture Partners, Hanwha Aerospace, Lockheed Martin Ventures
With DCVC, Signia Venture Partners
Confirmed
$17.8M
Feb 20, 2023
Strategic
Led by Toshiba Infrastructure Systems & Solutions
Confirmed
$15.0M
Mar 22, 2021
Series A
Led by DCVC
With Boeing, Manifest Growth (Manifest Investment Partners), Mubadala Investment Company, New Ground Ventures, Signia Venture Partners
Confirmed
$15.0M
Mar 14, 2018
Seed
Led by DCVC, Signia Venture Partners
$5.5M
May 6, 2017

Totals add known amounts using recorded USD conversions where available; other currencies are shown separately. A ~ marks an estimated amount.

News1

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Sep 30, 2026NewsUtah-based counter-drone tech company secures $50M Lockheed Martin-led funding roundKSL.com

Sep 30, 2026NewsKSL.comUtah-based counter-drone tech company secures $50M Lockheed Martin-led funding round

Sources11

Profile2

1
CompanyFortem Technologies
Fortem Technologies · Supports Organization · linkedin url, Organization · website
“https://www.linkedin.com/company/fortem-technologies”
2
CompanyFortem Technologies
Supports Organization · founded year, Organization · hq city
“**Address:** 1855 W 500 N, Lindon, Utah 84042, US **Founded:** 2016”

Funding9

3
CompanyFortem Technologies Closes $50M Series B Financing Led by Lockheed Martin
Business Wire · Sep 30, 2026 · Supports Funding round · announced on
“a global leader in airspace security, today announced the close of its $50 million Series B funding round.”
4
CompanyFortem Technologies Closes $50M Series B Financing Led by Lockheed Martin
Business Wire · Sep 30, 2026 · Supports Funding round · amount
“announced the close of its $50 million Series B funding round”
5
CompanyLockheed Martin Invests $25M in Fortem Technologies
Lockheed Martin · Apr 22, 2026 · Supports Funding round
“announced a $25 million investment in Fortem Technologies”
6
CompanyLAGO Innovation Fund Facilitates $10mm Investment in Fortem Technologies
Fortem Technologies · Nov 13, 2024 · Supports Funding round · amount
“facilitated a $10mm round of funding”
7
CompanyFortem Technologies Closes $17.8M in Funding Round to Scale Airspace Safety and Security
Fortem Technologies · Feb 20, 2023 · Supports Funding round · amount
“closed a funding round of $17.8 million led by new key industry investors including Lockheed Martin Ventures, Hanwha Aerospace”
8
CompanyFortem Technologies and Toshiba Announce Strategic Alliance
Fortem Technologies · Mar 22, 2021 · Supports Funding round · amount
“has invested $15 million USD in the company”
9
CompanyFortem Technologies Raises $15M Series A to Advance Airspace Safety and Security
Fortem Technologies · Mar 14, 2018 · Supports Funding round · amount
“closed a $15 million Series A funding round led by DCVC”
10
NewsFortem raises $5.5 million to hunt and take down unwanted drones
TechCrunch · May 6, 2017 · Supports Funding round · amount
“has raised $5.5 million in a new round of seed funding”
11
NewsExclusive: Counter-Drone Startup Fortem Raises $50M Series B
Tectonic · Supports Funding round · amount, Organization
“After securing an initial $25M investment from Lockheed Martin back in April, Fortem Technologies closed out a $50M Series B, the Utah-based startup exclusively told *Tectonic*.”

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