Lockheed Martin

Lockheed Martin Corporation is a leading global security and aerospace company specializing 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. The Aeronautics segment focuses on combat and air mobility aircraft, while the Missiles and Fire Control segment provides various defense systems, including tactical missiles and logistics support. The Rotary and Mission Systems segment delivers military and commercial helicopters, combat systems, and training services, and the Space Systems segment develops satellites and missile systems to support national security. Founded in 1912 and headquartered in Bethesda, Maryland, Lockheed Martin also engages in venture capital investments through Lockheed Martin Ventures, targeting early-stage companies in sectors such as autonomous systems, cybersecurity, and advanced manufacturing. The firm has invested over $100 million in startups since 2007, aiming to foster innovative technologies that address complex challenges in defense and aerospace.

Paul Colonna

President and Chief Investment Officer

Jeff Cunningham

Investor

David Jewell

Communications Director, Aircraft and Logistics Centers

Frank A. St. John

COO

Michael Kendall

Investor

Zachary Ladonis

Analyst

Allan Lockheed

Founder

J. Christopher Moran

Vice President and General Manager

Elizabeth A. Onasanya

Analyst

Gopal Rajaraman

Investor

John Richmond

Senior Associate

John Sheehan

Vice President and General Manager Commercial Aviation Inspection Service

Sam Stonberg

Investor

Xiaoming Yin

Senior Investment Manager

Richard F.Ambrose

Executive Vice President

Alison (Ali) Perez

Investor

Past deals in Navigation and Mapping

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.

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.

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.

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.
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