Lockheed Martin

Lockheed Martin Corporation is a global security and aerospace company headquartered in Bethesda, Maryland. Established in 1995 through the merger of Lockheed Corporation and Martin Marietta, it specializes in the research, design, development, manufacture, integration, and sustainment of advanced technology systems and products. The company operates through four main segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space Systems. These segments provide a range of offerings, including combat aircraft, missile defense systems, military and commercial helicopters, and space transportation systems. Lockheed Martin also engages in cybersecurity and delivers command and control capabilities for defense applications. Additionally, the company has a venture capital arm, Lockheed Martin Ventures, which focuses on investing in early-stage companies across various high-tech industries, such as autonomous systems, artificial intelligence, and space technologies, with the aim of fostering disruptive innovations that address complex challenges in its core markets.

Brian Colan

Vice President, Controller and Chief Accounting Officer

Greg Gardner

Vice President, Investor Relations

Marillyn Hewson

Chairman, President and Chief Executive Officer

J. Christopher Moran

Vice President and General Manager

Kenneth Possenriede

Executive Vice President and Chief Financial Officer

Gopal Rajaraman

Investor

Kelly Stevens

Director, Investor Relations

90 past transactions

CloudNC

Series B in 2022
CloudNC Ltd. is a London-based company that specializes in developing software for designing tooling paths for numerically controlled (NC) machine tools. Founded in 2015, it provides a cloud computing service that automates the programming of computerized numerical control (CNC) milling machines, primarily serving the manufacturing industry. Recognizing the slow pace of modernization in manufacturing, CloudNC aims to enhance efficiency and sustainability through automation. The company envisions creating autonomous factories that significantly improve productivity and environmental impact, addressing the challenges faced by traditional manufacturing processes. By focusing on precision manufacturing, CloudNC seeks to revolutionize the industry, making it more efficient and positioning it at the forefront of technological innovation.

BRELYON

Venture Round in 2022
Brelyon, Inc. is a technology company that specializes in the manufacture of innovative virtual display screens, offering a compelling alternative to conventional multi-monitor setups and stationary virtual reality applications. Founded in 2019 and headquartered in Redwood City, California, Brelyon develops headset-free displays that utilize proprietary depth modulation and light-field expansion technologies. These advancements create immersive panoramic virtual screens, delivering true optical depth for users. The company's products cater to various sectors, including office environments, gaming, and teleoperations, aiming to enhance the user experience by providing a more engaging visual interface.

X-Bow Launch Systems

Series A in 2022
X-Bow Launch Systems is dedicated to providing affordable access to orbit for commercial and government payloads.

Terran Orbital

Post in 2022
Terran Orbital Corporation specializes in the manufacture of picosatellites, cubesats, and nanosatellites for government and commercial clients. The company provides a range of integrated systems, including the Intrepid, which supports cubesat and nanosatellite missions, and the Intrepid CubeSat Platform, offering a complete avionics solution. Additionally, they offer the Endeavour, which integrates spacecraft bus subsystems for advanced mission capabilities. Terran Orbital also develops radiation-tolerant computer systems and provides a variety of services, such as mission consulting, research and development, and launch services. The company serves a diverse clientele, including enterprises, universities, and government agencies, and has established partnerships with organizations like NASA and the Department of Defense. Founded in 2014 and located in Irvine, California, Terran Orbital aims to deliver cost-effective solutions in the new space aerospace sector while building a global constellation of nanosatellites to enhance data infrastructure in space.

Terran Orbital

Post in 2022
Terran Orbital Corporation specializes in the manufacture of picosatellites, cubesats, and nanosatellites for government and commercial clients. The company provides a range of integrated systems, including the Intrepid, which supports cubesat and nanosatellite missions, and the Intrepid CubeSat Platform, offering a complete avionics solution. Additionally, they offer the Endeavour, which integrates spacecraft bus subsystems for advanced mission capabilities. Terran Orbital also develops radiation-tolerant computer systems and provides a variety of services, such as mission consulting, research and development, and launch services. The company serves a diverse clientele, including enterprises, universities, and government agencies, and has established partnerships with organizations like NASA and the Department of Defense. Founded in 2014 and located in Irvine, California, Terran Orbital aims to deliver cost-effective solutions in the new space aerospace sector while building a global constellation of nanosatellites to enhance data infrastructure in space.

Slingshot Aerospace

Series A in 2022
Slingshot Aerospace, Inc. is a company that develops innovative online tools and platforms aimed at providing geospatial information for the aerospace and defense sectors. Incorporated in 2016 and headquartered in El Segundo, California, with an additional office in Austin, Texas, Slingshot Aerospace offers a suite of platforms—Slingshot Earth, Slingshot Orbital, Slingshot Edge, and Slingshot Imagery—that integrate data from a variety of sources, including satellites, airplanes, drones, and ground-based sensors. This integration enables organizations in industries such as energy, military, government, and emergency management to access critical insights and analytics. By leveraging advanced technologies, including signal processing AI, the company helps clients make informed decisions based on Earth Observation data and other data sources, ultimately improving operational efficiency, reducing risks, and lowering costs.

3d Glass Solutions

Series B in 2021
3D Glass Solutions, Inc. specializes in manufacturing glass-based system-in-package (SiP) electronic packaging devices and components. The company offers a range of services, including design consultation and prototyping, catering to integrated circuit manufacturers, photonic component suppliers, and defense contractors. Utilizing its patented APEX® Glass technology, 3D Glass Solutions provides complete glass-enabled systems integration, enabling clients to consolidate multiple components onto a single platform while reducing overall manufacturing costs. The firm also develops photo-definable components such as bandpass filters, gain antennas, and discrete LC components, employing low-loss photosensitive technology to deliver industry-specific radio frequency devices. Established in 2006, 3D Glass Solutions is headquartered in Albuquerque, New Mexico.

Hedron

Series A in 2021
Analytical Space is in the business of quickly moving data from imaging satellites in space back to the ground. Analytical Space is building the in-orbit communication infrastructure that will enable real time knowledge of what is happening on the surface of our planet.

Anello Photonics

Series A in 2021
Anello Photonics is founded by pioneers in silicon photonics and inertial navigation. The patented Anello SiPhOG gyroscope offers an affordable mass-market sensor with true Optical Gyroscope performance. The company is headquartered in Silicon Valley and funded by leading venture capital firms.

TileDB

Venture Round in 2021
TileDB, Inc. develops and maintains a system for managing multi-dimensional array data, primarily for scientific applications. Its key offerings include TileDB Embedded, a storage engine, and TileDB Cloud, which facilitates the management of array data. The company's universal data engine enables users to access, analyze, and share complex data with various tools, emphasizing universal storage and data management rather than the compute layer. Founded in 2017, TileDB is headquartered in Cambridge, Massachusetts, with an additional location in Athens, Greece.

Orbit Fab

Venture Round in 2021
Orbit Fab offers a supply of satellite propellant in Earth Orbit that expands the operational potential of new and existing space assets. It develops the infrastructure needed to grow a thriving in-space market for products and services that support both existing space businesses (communications and Earth observation) and new industries like space tourism, manufacturing, and mining. The future for satellites is no longer restricted to the fuel they are launched with. Orbit Fab was founded in 2018 by its Co-Founders Daniel Faber and Jeremy Schiel.

Latent AI

Series A in 2021
Latent AI, Inc. develops a platform for optimization for edge devices that enables smart Internet of things (IoT) applications. It offers Latent AI Efficient Interence Platform (LEIP) that enables developers to train, quantize, and deploy edge AI neural networks. The company’s LEIP is designed for AI, embedded, and software application developers to enable, deploy, and manage AI for the edge. Latent AI, Inc. was incorporated in 2018 and is based in Menlo Park, California. It has additional office in Skillman, New Jersey.

Elroy Air

Series A in 2021
Elroy Air, Inc. is an aerospace and logistics company founded in 2016 and headquartered in San Francisco, California. The company specializes in building autonomous aircraft systems designed for the delivery of goods, particularly in remote areas. Its innovative aerial cargo delivery system utilizes rotor-based vertical takeoff and landing (VTOL) technology that transitions to wing-based cruise flight, enabling efficient transportation of heavy cargo over long distances. Elroy Air serves a diverse range of applications, including commercial logistics, humanitarian aid, and military operations, contributing to advancements in air transportation and robotics.

Fiddler

Series B in 2021
Fiddler Labs, Inc. is a company that specializes in developing an artificial intelligence platform designed to help businesses analyze, manage, and deploy their machine learning models effectively. Founded in 2018 and headquartered in Palo Alto, California, Fiddler offers an Explainable AI Engine that promotes transparency and understanding in AI solutions. This platform allows users across data science, product, and business teams to comprehend, validate, and manage their AI implementations, ensuring that these systems deliver reliable and trustworthy experiences for end-users. By providing statistical metrics, performance monitoring, and centralized controls, Fiddler aims to make AI more accessible and trustworthy for enterprises, ultimately unlocking the complexities of AI and enhancing user confidence in its applications.

Lightmatter

Series B in 2021
Lightmatter, Inc. is an artificial intelligence (AI) hardware company based in Boston, Massachusetts, that specializes in integrated optical technology to develop advanced computing processors. Founded in 2017, the company has created a silicon chip that utilizes light signals for processing, offering a new approach to AI computation. This technology accelerates critical operations in deep neural networks by employing programmable photonic elements alongside traditional transistors, enhancing the speed and efficiency of data processing while minimizing power consumption. Lightmatter's innovations aim to improve various AI applications, including image recognition and natural language processing, contributing to the advancement of next-generation AI-powered computing solutions.

Verana Networks

Convertible Note in 2021
Verana Networks develops an innovative 5G Radio Access Network solution for service providers that have licensed millimeter wave (mmWave) spectrum. The company focuses on enabling 5G in mmWave spectrum because that is where the largest amount of new spectrum is. For 5G to succeed, it must deliver a 10X-50X increase in speed and capacity. Blazing fast speed and an increase in capacity enable new applications, these new applications create incremental revenue, and incremental revenue is essential to support the business case for 5G.

Aerojet Rocketdyne

Acquisition in 2020
Aerojet Rocketdyne is an innovative company delivering solutions that create value for its customers in the aerospace and defense markets. The company is a world-recognized aerospace and defense leader that provides propulsion and energetics to the space, missile defense and strategic systems, tactical systems and armaments areas, in support of domestic and international markets.

Uhnder

Series C in 2020
Uhnder Inc. is a technology company founded in 2015, specializing in innovative products for sensing, cognition, and communication, particularly within the Internet of Things (IoT) market. The company is headquartered in California, with engineering and operations based in Austin, Texas, and St. Louis, Missouri. Uhnder has developed a digital automotive radar-on-chip that aims to enhance safety and responsiveness in autonomous vehicles. This technology offers a more precise and reliable alternative to traditional light detection and ranging (lidar), which is commonly used for vehicle awareness. Uhnder's radar chip is designed to prevent collisions, provide alerts for potential hazards, and facilitate quick localization, thereby improving navigation and communication systems in vehicles.

Ayar Labs

Series B in 2020
Ayar Labs, Inc. develops optical interconnect chiplets and lasers. It offers TeraPHY, a high-density electronic-photonic chiplet and monolithic in-package optical I/O (MIPO I/O) solution. The company also provides SuperNova, a multiwavelength, multi-port light source that supplies the continuous wave (CW) light that powers TeraPHY. Its products are used in various industry verticals, such as artificial intelligence and high performance computing, cloud computing and telecommunications, aerospace and military, and light detection and ranging. Ayar Labs, Inc. was formerly known as OptiBit Inc. The company was incorporated in 2015 and is based in Emeryville, California with an additional office in Santa Clara, California.

i3

Acquisition in 2020
i3 is a software company that specializes in systems integration and training support services.

Humatics

Series B in 2020
Humatics’ breakthrough microlocation system and analytics software comprise a Spatial Intelligence Platform™ that will revolutionize how people and machines locate, navigate and collaborate. A single Humatics system, using simple, inexpensive radio-frequency technology, can pinpoint multiple, moving transponder targets at ranges up to thirty meters with millimeter-scale precision, vastly outperforming existing systems at a fraction of the cost. These systems can network together to provide broader, ultra-precise positioning coverage – from factory work cells to entire distribution centers and beyond. With its extensible architecture and application programming interfaces (APIs), the Spatial Intelligence Platform™ will power an ecosystem of new position-based products and services. Humatics was founded in 2015 by Massachusetts Institute of Technology professor David Mindell and technology industry veteran Gary Cohen. Headquartered in Kendall Square, Cambridge, Massachusetts, Humatics has grown to include a world-class team of radar experts, programmers, roboticists, software engineers, and product development leaders.

Fiddler

Venture Round in 2020
Fiddler Labs, Inc. is a company that specializes in developing an artificial intelligence platform designed to help businesses analyze, manage, and deploy their machine learning models effectively. Founded in 2018 and headquartered in Palo Alto, California, Fiddler offers an Explainable AI Engine that promotes transparency and understanding in AI solutions. This platform allows users across data science, product, and business teams to comprehend, validate, and manage their AI implementations, ensuring that these systems deliver reliable and trustworthy experiences for end-users. By providing statistical metrics, performance monitoring, and centralized controls, Fiddler aims to make AI more accessible and trustworthy for enterprises, ultimately unlocking the complexities of AI and enhancing user confidence in its applications.

Calypso AI

Series A in 2020
Calypso AI Corp. develops software products to solve artificial intelligence risks for national security and highly-regulated industries. It offers Vespr software platform, an integrated model accreditation and model risk management system that enables users to monitor artificial systems for ongoing performance, compliance, and security thresholds. Its solution is also used by teams to validate, monitor, and secure their artificial intelligence. The company was incorporated in 2018 and is based in San Mateo, California with additional offices in New York, Virginia, and Ireland.

RED 6

Venture Round in 2020
RED 6 INC. specializes in outdoor augmented reality solutions specifically designed for air combat training. The company has developed the Airborne Tactical Augmented Reality System (ATARS), which integrates virtual and constructive assets into real-world environments. This innovative system enables pilots and ground operators to identify and engage synthetic threats in real-time, even in high-speed outdoor conditions. Founded in 2017, RED 6 is headquartered in Santa Monica, California, and aims to enhance training effectiveness by allowing real pilots in actual aircraft to visually maneuver against computer-generated adversaries.

IonQ

Series B in 2020
IonQ, Inc. specializes in the development of general-purpose quantum information computers, utilizing a unique trapped ion approach. The company's technology combines high physical performance, perfect qubit replication, and optical networkability, enabling the creation of scalable quantum computers that surpass the limitations of classical computing. These advancements leverage phenomena such as superposition and entanglement, which are critical at the atomic scale. Founded in 2015 and headquartered in College Park, Maryland, IonQ aims to support a wide range of applications across various industries with its powerful and versatile quantum computing solutions.

Ayar Labs

Venture Round in 2020
Ayar Labs, Inc. develops optical interconnect chiplets and lasers. It offers TeraPHY, a high-density electronic-photonic chiplet and monolithic in-package optical I/O (MIPO I/O) solution. The company also provides SuperNova, a multiwavelength, multi-port light source that supplies the continuous wave (CW) light that powers TeraPHY. Its products are used in various industry verticals, such as artificial intelligence and high performance computing, cloud computing and telecommunications, aerospace and military, and light detection and ranging. Ayar Labs, Inc. was formerly known as OptiBit Inc. The company was incorporated in 2015 and is based in Emeryville, California with an additional office in Santa Clara, California.

DeepSig

Series A in 2020
DeepSig is an early-stage startup that develops deep learning software to reinvent wireless communications. By replacing core wireless technology with deep learning, DeepSig makes communication systems faster, more cost-efficient, more secure, and able to excel in complex environments. It uses machine learning (ML) and artificial intelligence (AI) to learn optimized models directly from data rather than manually designing specialized algorithms, transforming wireless for 5G, IoT, and security.

Pv Labs

Venture Round in 2020
PV Labs is an established designer and developer of aerial imaging systems used for Intelligence, Surveillance, & Reconnaissance (ISR) applications within various levels of governments and military.

RunSafe Security

Series A in 2019
RunSafe Security, Inc. develops cyber-hardening transformation process to disrupt attackers and protect vulnerable embedded systems and devices. Its cybersecurity tools harden files and programs against memory corruption errors and buffer overflow exploits. The company’s solutions include IT virtualization, connected devices, supply chain, and DevSecOps. It serves automotive, data centers, energy, healthcare, manufacturing, military systems, suppliers, and other industries. RunSafe Security, Inc. was founded in 2015 and is based in McLean, Virginia.
University of Maryland has enjoyed a remarkable rise in accomplishment and reputation over the past two decades. By any measure, Maryland is now one of the nation's preeminent public research universities and on a path to become one of the world's best. To fulfill this promise, we must capitalize on our momentum, fully exploit our competitive advantages, and pursue ambitious goals with great discipline and entrepreneurial spirit. This promise is within reach.
The A. James Clark School of Engineering at the University of Maryland serves as the catalyst for high-quality research, innovation, and learning, delivering on a promise that all graduates will leave ready to impact the grand challenges of the 21st century.

ABL Space Systems

Corporate Round in 2019
ABL Space Systems is a company focused on developing low-cost launch vehicles specifically for the small satellite industry. Founded in 2017 by former engineers from SpaceX, the company is headquartered in El Segundo, California, where it operates a facility dedicated to research, development, and production. ABL designs and manufactures rockets, including the RS1 launch vehicle, which supports various configurations for deploying small satellites, such as multi-manifest and dedicated missions. The company's innovative approach includes a simplified tank architecture and advanced propellant management systems, enabling efficient and routine launch operations. ABL Space Systems aims to facilitate access to space for the aviation industry by providing an economical and streamlined solution for satellite launches.

DUST Identity

Series A in 2019
DUST Identity, Inc. develops an authentication system technology that utilizes nano-diamonds to create an unclonable identity layer on any object for any supply chain. It also provides an optical scanner and cloud-based infrastructure that provides an interface to the object identity. DUST Identity, Inc. was formerly known as Diamond Nanotechnalogies, Inc. The company was founded in 2011 and is based in Framingham, Massachusetts with an additional office in Princeton, New Jersey.

3d Glass Solutions

Series B in 2019
3D Glass Solutions, Inc. specializes in manufacturing glass-based system-in-package (SiP) electronic packaging devices and components. The company offers a range of services, including design consultation and prototyping, catering to integrated circuit manufacturers, photonic component suppliers, and defense contractors. Utilizing its patented APEX® Glass technology, 3D Glass Solutions provides complete glass-enabled systems integration, enabling clients to consolidate multiple components onto a single platform while reducing overall manufacturing costs. The firm also develops photo-definable components such as bandpass filters, gain antennas, and discrete LC components, employing low-loss photosensitive technology to deliver industry-specific radio frequency devices. Established in 2006, 3D Glass Solutions is headquartered in Albuquerque, New Mexico.

Edge Case Research

Seed Round in 2019
Edge Case Research, Inc. specializes in developing software products and safety systems for companies involved in self-driving vehicles and robotics. The company provides innovative tools such as Hologram, which helps users identify and resolve edge cases that challenge machine learning, and Switchboard, a cloud-based solution for automated robustness testing that assesses the safety and reliability of complex software. Edge Case Research employs Model-based Iterative System Safety Analysis to effectively identify and manage safety risks in intricate systems. Additionally, the company offers best practices assessments for embedded software and training in safety and peer review for software testing. Serving industries such as autonomous vehicles, consumer electronics, and industrial controls, Edge Case Research aims to enhance the safety and reliability of evolving technologies. Founded in 2013, the company is headquartered in Pittsburgh, Pennsylvania, with a branch in Unterschleißheim, Germany.

Mythic

Series B in 2019
Mythic Inc. is a technology company that specializes in the design and development of silicon chips and artificial intelligence (AI) processing units. Founded in 2012 and headquartered in Redwood City, California, with an additional office in Austin, Texas, Mythic focuses on creating advanced analog matrix processors that incorporate unique compute-in-memory technology. Their product lineup includes the M1076 Analog Matrix Processor, MP10304 Quad-AMP PCIe Card, and MM1076 M.2 M Key Card, which facilitate AI deployment across various platforms, from data centers to edge devices. The company caters to a diverse range of applications, including fitness trackers, hearing aids, self-driving vehicles, and robotic drones. With a team of experts in neural networks, device physics, software design, and processor architecture, Mythic is committed to advancing AI capabilities for practical use in real-world environments.

Tempo Automation

Series C in 2019
Tempo Automation Inc. is a San Francisco-based electronics manufacturer specializing in the prototyping and low-volume production of printed circuit board assemblies. Founded in 2013, the company leverages a proprietary automation platform that integrates software, data analytics, and advanced manufacturing techniques to enhance speed, precision, and transparency in the development process. This innovative approach creates a seamless digital connection from design to delivery, allowing hardware developers to accelerate innovation and bring new products to market more efficiently. The company's smart factory is designed to optimize the complexities of electronics manufacturing, providing significant advantages in quality and agility for its clients. Tempo Automation is backed by various investors, including venture capital firms and individual investors, who support its mission to transform electronic product development.

Humatics

Series A in 2019
Humatics’ breakthrough microlocation system and analytics software comprise a Spatial Intelligence Platform™ that will revolutionize how people and machines locate, navigate and collaborate. A single Humatics system, using simple, inexpensive radio-frequency technology, can pinpoint multiple, moving transponder targets at ranges up to thirty meters with millimeter-scale precision, vastly outperforming existing systems at a fraction of the cost. These systems can network together to provide broader, ultra-precise positioning coverage – from factory work cells to entire distribution centers and beyond. With its extensible architecture and application programming interfaces (APIs), the Spatial Intelligence Platform™ will power an ecosystem of new position-based products and services. Humatics was founded in 2015 by Massachusetts Institute of Technology professor David Mindell and technology industry veteran Gary Cohen. Headquartered in Kendall Square, Cambridge, Massachusetts, Humatics has grown to include a world-class team of radar experts, programmers, roboticists, software engineers, and product development leaders.

Humatics

Series B in 2018
Humatics’ breakthrough microlocation system and analytics software comprise a Spatial Intelligence Platform™ that will revolutionize how people and machines locate, navigate and collaborate. A single Humatics system, using simple, inexpensive radio-frequency technology, can pinpoint multiple, moving transponder targets at ranges up to thirty meters with millimeter-scale precision, vastly outperforming existing systems at a fraction of the cost. These systems can network together to provide broader, ultra-precise positioning coverage – from factory work cells to entire distribution centers and beyond. With its extensible architecture and application programming interfaces (APIs), the Spatial Intelligence Platform™ will power an ecosystem of new position-based products and services. Humatics was founded in 2015 by Massachusetts Institute of Technology professor David Mindell and technology industry veteran Gary Cohen. Headquartered in Kendall Square, Cambridge, Massachusetts, Humatics has grown to include a world-class team of radar experts, programmers, roboticists, software engineers, and product development leaders.

Ocean Aero

Series B in 2018
Ocean Aero, Inc., an unmanned systems company, designs, develops, and manufactures unmanned autonomous underwater vehicle solutions for military, scientific, academic, commercial, government, security, and oil and gas communities around the world. It offers unmanned underwater/surface vessels; and a System-as-a-Service model for planning, out-fitting, monitoring, and acquiring mission data. Its products are used in various applications, such as commercial marine, which include critical asset monitoring and security, littoral ocean floor mapping, ocean current measurement, and weather monitoring; military/intel, including ISR, mine countermeasures, communications, and ELINT/COMINT; oil, gas, and mineral, which include meteorology/oceanography, asset surveillance, and bathymetry; scientific, including environmental monitoring and sampling, marine mammal tracking, and ocean water column sampling; and security, which include port security, marine vessel monitoring, coastal law enforcement, and diver detection. The company was incorporated in 2013 and is based in San Diego, California.

Terran Orbital

Series B in 2018
Terran Orbital Corporation specializes in the manufacture of picosatellites, cubesats, and nanosatellites for government and commercial clients. The company provides a range of integrated systems, including the Intrepid, which supports cubesat and nanosatellite missions, and the Intrepid CubeSat Platform, offering a complete avionics solution. Additionally, they offer the Endeavour, which integrates spacecraft bus subsystems for advanced mission capabilities. Terran Orbital also develops radiation-tolerant computer systems and provides a variety of services, such as mission consulting, research and development, and launch services. The company serves a diverse clientele, including enterprises, universities, and government agencies, and has established partnerships with organizations like NASA and the Department of Defense. Founded in 2014 and located in Irvine, California, Terran Orbital aims to deliver cost-effective solutions in the new space aerospace sector while building a global constellation of nanosatellites to enhance data infrastructure in space.

Humatics

Series A in 2017
Humatics’ breakthrough microlocation system and analytics software comprise a Spatial Intelligence Platform™ that will revolutionize how people and machines locate, navigate and collaborate. A single Humatics system, using simple, inexpensive radio-frequency technology, can pinpoint multiple, moving transponder targets at ranges up to thirty meters with millimeter-scale precision, vastly outperforming existing systems at a fraction of the cost. These systems can network together to provide broader, ultra-precise positioning coverage – from factory work cells to entire distribution centers and beyond. With its extensible architecture and application programming interfaces (APIs), the Spatial Intelligence Platform™ will power an ecosystem of new position-based products and services. Humatics was founded in 2015 by Massachusetts Institute of Technology professor David Mindell and technology industry veteran Gary Cohen. Headquartered in Kendall Square, Cambridge, Massachusetts, Humatics has grown to include a world-class team of radar experts, programmers, roboticists, software engineers, and product development leaders.

Ocean Aero

Venture Round in 2017
Ocean Aero, Inc., an unmanned systems company, designs, develops, and manufactures unmanned autonomous underwater vehicle solutions for military, scientific, academic, commercial, government, security, and oil and gas communities around the world. It offers unmanned underwater/surface vessels; and a System-as-a-Service model for planning, out-fitting, monitoring, and acquiring mission data. Its products are used in various applications, such as commercial marine, which include critical asset monitoring and security, littoral ocean floor mapping, ocean current measurement, and weather monitoring; military/intel, including ISR, mine countermeasures, communications, and ELINT/COMINT; oil, gas, and mineral, which include meteorology/oceanography, asset surveillance, and bathymetry; scientific, including environmental monitoring and sampling, marine mammal tracking, and ocean water column sampling; and security, which include port security, marine vessel monitoring, coastal law enforcement, and diver detection. The company was incorporated in 2013 and is based in San Diego, California.

Contextere

Corporate Round in 2017
contextere is an industrial software company focused on human performance. Our intelligent personal agent delivers actionable insights to the last tactical mile. Anywhere warm hands touch cold steel contextere answers the simple question – Now What? Global 2000 companies capture value through increased productivity and safety while reducing equipment downtime.

Terran Orbital

Venture Round in 2017
Terran Orbital Corporation specializes in the manufacture of picosatellites, cubesats, and nanosatellites for government and commercial clients. The company provides a range of integrated systems, including the Intrepid, which supports cubesat and nanosatellite missions, and the Intrepid CubeSat Platform, offering a complete avionics solution. Additionally, they offer the Endeavour, which integrates spacecraft bus subsystems for advanced mission capabilities. Terran Orbital also develops radiation-tolerant computer systems and provides a variety of services, such as mission consulting, research and development, and launch services. The company serves a diverse clientele, including enterprises, universities, and government agencies, and has established partnerships with organizations like NASA and the Department of Defense. Founded in 2014 and located in Irvine, California, Terran Orbital aims to deliver cost-effective solutions in the new space aerospace sector while building a global constellation of nanosatellites to enhance data infrastructure in space.

OMX

Venture Round in 2017
OMX is a subscription-based, industry-led software platform that connects businesses in the international defense, aerospace, and security industries. The platform supports businesses to improve leverage of government procurements, increase efficiency, reduce cost, and ensure economic benefit to government. OMX also provides access to tens of thousands of companies by region, size, local content, certifications, and capability, with software tools to manage supplier and customer communications collaboratively across an organization. The platform is web-based, which helps companies to control their supply chain and sales management while on the road or working in different environments internally. The platform generates real-time analytics and reporting to ensure companies are ahead of their offset obligations as a result of winning government contracts. OMX is based in Toronto, O.N.

Peloton Technology

Series B in 2017
Peloton Technology Inc. was founded in 2011 by a team of Silicon Valley entrepreneurs to address major pain points of today’s trucking fleets – accidents and fuel costs. Peloton's system uses radar and DSRC vehicle-to-vehicle communications to link active safety systems between pairs of trucks, reducing collision-related expenses and fuel costs. The drivers remain fully engaged and retain steering control, while the system controls acceleration and braking similar to adaptive cruise control. The dramatic reduction in aerodynamic drag in these platoons provides substantial improvements in fuel economy for both the trailing and leading trucks: with on-road testing showing average savings over 7% between the two trucks.

IQ-Analog Corporation

Series B in 2016
IQ-Analog Corporation is a fabless semiconductor company based in San Diego, California, specializing in high-speed data conversion technologies. The company develops intelligent analog solutions, including analog-to-digital converters, digital-to-analog converters, and various analog front-end subsystems. IQ-Analog also offers a range of products such as precision ADCs and DACs, high-speed transceivers, and integrated circuits like OmniADC, which supports existing pin configurations. Additionally, the company licenses derivative intellectual property for system-on-chip integration and is working on next-generation configurable data converter components aimed at the discrete high-speed data converter market. Founded in 2004, IQ-Analog is dedicated to advancing its offerings to meet the demands of modern data processing applications.

CarteNav Solutions

Funding Round in 2016
CarteNav Solutions Inc., a privately held and employee-owned company, was founded in August 2002. Its initial line of business was research and development contract work for defence laboratories in Canada, Australia, and New Zealand. In 2003, an Australian defence research project linking moving map technology with advanced EO/IR turret control, and coupled with video display and processing, led to the conception of AIMS-ISR®, a product which had immediate and far-reaching impact due to the ease with which track data from other sensors can be integrated into the operational picture. The commercial and military success of AIMS-ISR® led to a number of large-scale projects that firmly established CarteNav's technical expertise as well as an approach based on creating solutions that are easy to use, highly intuitive, and maximize the performance of operational teams and existing hardware. Today, CarteNav is an international leader in situational awareness solutions for the maritime, land, and air environments. Its flagship product, AIMS-ISR®, is the result of thousands of hours of operational testing and is in use in a growing list of countries worldwide. It has become the software of choice for both government and non-government agencies on more than 25 different platforms in more than 17 countries across 4 continents. A sister product, AIMS-HD, provides a cost-effective, and readily available COTS solution, designed to leverage and enhance the functionality of EO/IR cameras. An ISO-9001:2008 certified company, CarteNav's technical expertise in sensor management, user interfaces, map technology and systems integration is underscored by an unwavering commitment to customer service and quality.

Vnomics

Venture Round in 2016
Vnomics Corp. is a software company specializing in fuel optimization solutions for commercial fleets, primarily serving the trucking industry in the United States. Founded in 2008 and headquartered in Pittsford, New York, Vnomics offers its flagship product, True Fuel, which provides real-time coaching to drivers on fuel-efficient practices and tracks both actual and potential fuel economy. The company employs a proactive approach to fleet management, delivering insights that help improve driver and vehicle performance while generating immediate cost savings for fleet operators. Vnomics supports all classes of commercial vehicles, including trucks and light commercial vehicles, and is recognized for its innovative technology. Moreover, the company is committed to environmental sustainability, aiming to reduce fuel usage and carbon emissions, and has partnered with the SmartWay community to further these efforts.

Texas Guadaloop

Grant in 2016
Texas Guadaloop is focused on developing innovative transportation solutions through its research into hyperloop technology. The company has created a pod prototype that employs air-bearing technology, allowing it to levitate and operate with zero friction within hyperloop tubing. This design significantly reduces drag, enabling the system to reach maximum speeds of 700 miles per hour. By offering a more cost-effective alternative to traditional magnetic levitation systems, Texas Guadaloop aims to enhance the efficiency of transporting goods and people while addressing the growing demands for sustainable transportation options.

Denver Public Schools

Venture Round in 2016
Denver Public School is committed to meeting the educational needs of every student with great schools in every neighborhood. Their goal is to provide every child in Denver with rigorous and enriching educational opportunities from preschool to high school graduation. It is comprised of many schools that includes traditional, magnet, charter and pathways schools. The services of the company are communications, community use, family and community engagement, information for families in other languages, school performance frameworks, school choice and enrollment, and transportation. Denver Public School is based in the United States and it was founded in 1902.

Sikorsky Aircraft

Acquisition in 2015
Sikorsky Aircraft Corporation designs, manufactures, and services military and commercial helicopters. It provides fixed-wing reconnaissance aircraft, and civil and heavy lift helicopters, as well as related spare parts. The company also offers maintenance, repair, and overhaul services for aircraft and helicopters. In addition, it provides integrated helicopter services, including helicopter management, maintenance, and charter helicopter flights. The company's helicopters are used by various governments in Argentina, Australia, Austria, Bahrain, Brazil, Brunei, Chile, Colombia, Egypt, Greece, Israel, Japan, Jordan, Malaysia, Mexico, Morocco, the Philippines, the Republic of Korea, Saudi Arabia, Spain, the People's Republic of China, Taiwan, Thailand, Turkey, and the United States. Sikorsky Aircraft Corporation was formerly known as Sikorsky Aviation Corporation. The company was founded in 1923 and is based in Stratford, Connecticut. It has manufacturing and assembly operations in Stratford, Connecticut; Troy, Alabama; and West Palm Beach, Florida, as well as a military aircraft completion center and prototyping facility in Elmira, New York; a commercial aircraft completion center in Coatsville, Pennsylvania; and engineering and design centers in Alabama, Texas, Indiana, Kentucky, and Montana. Sikorsky Aircraft Corporation operates as a subsidiary of United Technologies Corp.

Cybereason

Series B in 2015
Cybereason Inc. develops a comprehensive cybersecurity platform focused on endpoint protection, including endpoint detection and response, anti-ransomware, anti-malware, and antivirus solutions. Founded in 2012 by a team of elite intelligence professionals, the company offers a suite of products designed to detect, analyze, and respond to cyber threats. Key offerings include Deep Detect & Respond, which analyzes behavioral data to identify suspicious activities; Deep Prevent, aimed at blocking advanced attacks; Deep Investigate, which collects enterprise data for threat analysis; and Deep Respond, a threat detection and response interface. Additionally, Cybereason provides RansomFree, an anti-ransomware solution, alongside various services such as monitoring, investigation, and training. The company is headquartered in Boston and maintains offices in London, Tel Aviv, and Tokyo, leveraging a custom-built in-memory graph to enhance its threat detection capabilities.

Peloton Technology

Series A in 2015
Peloton Technology Inc. was founded in 2011 by a team of Silicon Valley entrepreneurs to address major pain points of today’s trucking fleets – accidents and fuel costs. Peloton's system uses radar and DSRC vehicle-to-vehicle communications to link active safety systems between pairs of trucks, reducing collision-related expenses and fuel costs. The drivers remain fully engaged and retain steering control, while the system controls acceleration and braking similar to adaptive cruise control. The dramatic reduction in aerodynamic drag in these platoons provides substantial improvements in fuel economy for both the trailing and leading trucks: with on-road testing showing average savings over 7% between the two trucks.

Systems Made Simple

Acquisition in 2014
Founded in 1991 in upstate New York, Systems Made Simple has become one of the fastest-growing technology services companies in the Federal space. Built upon a commitment to hard work and a desire to exceed customer expectations, we are a recognized leader in delivering high quality services and solutions in support of our customers' missions.

Sun Catalytix

Acquisition in 2014
Located in Cambridge, MA, Sun Catalytix is an early-stage renewable energy startup founded on groundbreaking science from the research lab of Professor Daniel Nocera at MIT. With Nature as our inspiration, we seek to combine sunlight and water to provide affordable, highly distributed solar energy to the individual. The elemental components of just 3 gallons of water have enough energy, when recombined, to satisfy the daily energy needs of a large American home. The US receives 500-fold more energy each year than it uses, but unfortunately the sun shines only half the time. At Sun Catalytix we are working to realize the dream of cheap, renewable, personalized energy allowing individuals to use the power around-the-clock. Backed by Polaris Venture Partners, we have started down the path to a sustainable energy future.

Zeta Associates

Acquisition in 2014
Zeta Associates specializes in technology that powers critical national security missions.

Deposition Sciences

Acquisition in 2014
Deposition Sciences, Inc. (DSI), a provider of thin film coatings.

Newlans

Series B in 2014
Newlans, Inc. is a fabless semiconductor company based in Acton, Massachusetts, that focuses on programmable analog signal processing solutions. Founded in 2003, the company specializes in developing high-quality programmable silicon-on-insulator capacitors and components designed for integration into tunable radio frequency front end (RFFE) solutions. As smartphone original equipment manufacturers and RFFE module suppliers seek to adapt to the growing adoption of 4G LTE bands and carrier aggregation, Newlans provides innovative tunable solutions that enhance performance while reducing costs and size. Newlans operates as a subsidiary of Newtel Essence B.V.

BEONTRA

Acquisition in 2014
BEONTRA provides integrated planning and demand forecasting tools for airports, ground handling, and seaports industries worldwide. It offers an integrated planning suite for infrastructure providers. It focuses on areas such as long term, scheduled, and operational forecasting; capacity and revenue planning, route development; and non-aviation planning. The company’s planning suite includes B tactical that enables users to schedule traffic forecasts for flexible planning periods; B strategic, a long-term traffic planning module; B operational that serves as a data hub connecting, loading, and managing data from various airport operational sources in real-time or specified intervals; and B capacity that connects alternative capacity scenarios of infrastructure nodes with traffic forecasting scenarios. BEONTRA was founded by Christian Roth in 2001 and is headquartered in Karlsruhe, Baden-Wurttemberg.

Industrial Defender

Acquisition in 2014
Industrial Defender Inc. specializes in cybersecurity, compliance, and change management solutions for industrial control systems across various sectors, including electric utilities, chemical processing, transportation, water, and oil and gas. The company offers a comprehensive suite of products, such as the Automation Systems Manager, which encompasses asset management, security event management, configuration management, and compliance reporting. Additionally, it provides tools like the Network Intrusion Detection System for threat defense, Access Manager for authentication, and Compliance Manager for meeting regulatory requirements. Industrial Defender also delivers deployment, system monitoring, and backup services. With over 400 clients in 21 countries, the company is recognized as a leader in automation system management, helping organizations enhance operational reliability and reduce risks. Founded in 1996 and based in Foxborough, Massachusetts, Industrial Defender was previously known as Verano, Inc. before rebranding in 2007.

Amor Group

Acquisition in 2013
Amor Group was Scotland's largest independent business technology company.

CDL Systems

Acquisition in 2012
CDL Systems was established in 1992 by Dave Weiler and Albert Sulmistras. They are a CMMI level 3 appraised software engineering firm specializing in the development of control station software for operating unmanned vehicle systems. Once a small technology start-up, they have grown into a 70 employee operation with offices in Calgary, Alberta and Huntsville, Alabama.

Chandler/May, Inc.

Acquisition in 2012
Chandler/May, Inc. has delivered hundreds of integrated command and control shelters and portable ground control stations in support of U.S. Army UAS programs. They have produced more than 2,200 unmanned aerial vehicles (UAVs), including the Desert Hawk UAV, a program for which Chandler/May, Inc. is a supplier to Lockheed Martin. Chandler/May, Inc. has also developed a fully integrated UAS, consisting of the Fury® UAV, SharkFin® Mission & Flight Control System and Tactical Air Vehicle Control System (TACS) ground control station.

Procerus Technologies

Acquisition in 2012
Procerus Technologies, a company specializing in autopilot and other avionics for micro unmanned aerial systems.

Sim-Industries

Acquisition in 2011
Sim-Industries develops and manufactures full-motion and fixed-based civil aviation flight simulators for a wide range of airline customers and independent pilot training centers worldwide.

IPWireless

Series A in 2009
IPWireless is a pioneer in developing and delivering next generation wireless solutions, including silicon, software, and network infrastructure, based on 3GPP, the world's leading mobile standard. They provide some of the world's largest mobile network operators, governments, and device vendors with innovative solutions that deliver the performance, reliability, and compelling business economics they require so they can stay ahead of their competition and offer their subscribers the value-added services they demand.

Gyrocam Systems

Acquisition in 2009
Gyrocam Systems, LLC manufactures gyrostabilised camera systems for law enforcement and security applications. It offers triple sensor, day/night vision, dual sensor, high definition color, marine patrol, mobile and land based site protection, and microwave transmission products. The company was founded in 1987 as Aerial Films, Inc. and changed its name to Gyrocam Systems, LLC in 2003. Gyrocam Systems, LLC is based in Sarasota, Florida. As of August 31, 2009, Gyrocam Systems, LLC operates as a subsidiary of Lockheed Martin Corporation.

Universal Systems & Technology

Acquisition in 2008
Universal Systems & Technology is a company that was acquired by Lockheed Martin Corporation in 2009.

Verified Identity Pass

Venture Round in 2008
The company's voluntary credentialing program, Clear, is the first and only privately run Registered Traveler program operating at a U.S. airport.

Eagle Group International

Acquisition in 2008
Eagle Group employs more than 1,350 people. Its proven capabilities in military readiness and integrated logistics, healthcare program management and outsourcing, information technology, and training services have enabled it to develop a reputation for outstanding support of its customers' critical missions.

Management Systems Designers

Acquisition in 2007
Management Systems Designers Inc. (MSD), a provider of information technology (IT) and scientific solutions supporting government life science, national security, and other civil agency missions.
Pacific Architects and Engineers Incorporated (PAE) is a provider of services that support military readiness, peacekeeping missions, nation building activities, personnel recruitment and training, and disaster relief services.

ISX Corporation

Acquisition in 2006
ISX Corporation provides IT solutions in technology engineering and systems integration; command and control, communications, computers and intelligence; information and knowledge management.

Savi Technology

Acquisition in 2006
Savi is the leader in applying big data analytics, data science, and machine learning to in-transit visibility. We develop innovative Internet of Things (IoT) and in-transit visibility solutions for the largest and most complex supply chains in the world. More than 1,000 companies and government organizations depend on Savi applications to reduce supply chain disruptions, improve delivery performance, and decrease logistics costs. For more information about Savi visit www.savi.com.

Xytrans

Series D in 2006
Xytrans designs and manufactures high-frequency transceivers and outdoor units for global leaders in wireless broadband communications.

HMT Vehicles

Acquisition in 2006
HMT Vehicles Limited (HMT) is a privately owned company that has funded the development for innovative designs that have been incorporated into light to medium high mobility wheeled military vehicles in the U.S. and U.K. HMT owns and licenses the intellectual property associated with these designs. Vehicles incorporating HMT's designs are used as platforms for weapons programs such as the Lightweight Mobile Artillery Weapons System and the Soothsayer electronic warfare programs in the UK.

Aspen Systems Corp.

Acquisition in 2005
Aspen Systems provides a wide range of expertise in four key areas: program management, constituent relationship management, records management, and information technology support. Additionally, the company has a broad range of subject matter expertise in education, energy, environment, health, homeland security, housing and community services, justice and public safety, and legal services. The acquisition will strengthen Lockheed Martin's capabilities in information technology and technical services and expand its range of Federal information technology customers.

INSYS Group, Inc.

Acquisition in 2005
INSYS Group Limited, a UK-based diversified integrator of military communications systems, weapons systems and advanced future concepts development.

Coherent Technologies

Acquisition in 2005
Coherent Technologies performs research, product development, and systems integration for products designed to maintain continuous, real-time operations in demanding environments and provide critical information regarding target identification and hazardous meteorological events.

The Sytex Group, Inc.

Acquisition in 2005
The SYTEX Group, Inc.provides information technology solutions and technical support services to the U.S. Department of Defense and other federal agencies.

Stasys

Acquisition in 2005
STASYS Limited, a U.K.-based technology and consulting firm specializing in network communications and defense interoperability. Terms of the transaction were not disclosed. Serving a diverse range of international defense and civil government customers, STASYS provides highly specialized expertise in tactical data link integration, requirements management, modeling and simulation, and air traffic management consulting.

Xytrans

Series C in 2004
Xytrans designs and manufactures high-frequency transceivers and outdoor units for global leaders in wireless broadband communications.

Affiliated Computer Services

Acquisition in 2003
Affiliated Computer Services (ACS) is a leading provider of business process outsourcing (BPO) and information technology (IT) services to both commercial and government clients globally. The company is known for delivering a wide range of solutions that enhance operational efficiency and drive business results. Recognized for its strong performance, ACS has established itself as a reliable partner for organizations seeking to improve their strategic capabilities through innovative outsourcing and IT services.

OAO Corporation

Acquisition in 2001
OAO Corporation is a provider of information technology solutions to the federal government. Employing over 2,000 professionals, the company delivers a full spectrum of information technology solutions in highly sophisticated security-sensitive environments. Revenues in 2000 were in excess of $200 million.

Auctionfares

Venture Round in 2000
Auctionfares.com, headquartered in San Mateo, California, is the first travel industry trading exchange. The exchange is designed to meet the needs of both travel product buyers and travel suppliers: hotels, car rental companies, cruise lines, airlines, consolidators, travel agencies, corporate travel managers and consumers. Information on Auctionfares.com can be found on the World Wide Web at http://www.auctionfares.com .

COMSAT Corporation

Acquisition in 1998
COMSAT focuses on two lines of business: international satellite communications services and digital networking services and technology. COMSAT is the U.S. signatory to the International Telecommunications Satellite Organization (INTELSAT), a 143-member nation organization that serves more than 180 countries, and the International Mobile Satellite Organization (Inmarsat), which provides mobile satellite communications worldwide, and is the largest provider of space segment capacity in these organizations.

Loral Corporation

Acquisition in 1996
Loral Corporation is a defense contractor founded in 1948 in New York by William Lorenz and Leon Alpert.