Lockheed Martin Ventures

Lockheed Martin Ventures, established in 2014, is a venture capital arm of Lockheed Martin Corporation. It focuses on investing in early-stage companies specializing in advanced technologies such as autonomous systems, cybersecurity, space technologies, and artificial intelligence.

Richard F.Ambrose

Executive Vice President

Paul Colonna

President and Chief Investment Officer

Jeff Cunningham

Investor

David Jewell

Communications Director, Aircraft and Logistics Centers

Frank St John

COO

Zachary Ladonis

Analyst

Allan Lockheed

Founder

Chris Moran

Vice President

Gopal Rajaraman

Investor

John Richmond

Senior Associate

John Sheehan

Vice President and General Manager Commercial Aviation Inspection Service

Sam Stonberg

Investor

Xiaoming Yin

Investor

Alison (Ali) Perez

Investor

145 past transactions

Amentum's Rapid Solutions

Acquisition in 2025
Amentum's Rapid Solutions manufactures communications and other systems for national security programs. The company is a business unit that specializes in the development and manufacturing of airborne and space intelligence, surveillance, and reconnaissance (ISR) platforms, advanced communications systems, and tactical technologies. Its products are designed to support national security missions and address complex defense challenges.

Electra.aero

Series B in 2025
Electra.aero designs and manufactures hybrid-electric aircraft for sustainable urban and regional mobility. The company develops electric short takeoff and landing airplanes with pilot assistance systems, powered-lift, and distributed electric propulsion, supported by on-demand service that reduces reliance on ground charging and enables rapid turnaround. Its activities include aircraft design, certification, electric propulsion, acoustic testing, and production services, aimed at safe, quiet, and affordable transportation across diverse environments.

Ayar Labs

Series D in 2024
Ayar Labs develops and manufactures high-density electronic-photonic chiplets and lasers, specializing in optical interconnect solutions. Its flagship product, TeraPHY, offers a monolithic in-package optical I/O solution for applications requiring high bandwidth, low latency, and power efficiency. The company's products serve various industries such as artificial intelligence, cloud computing, telecommunications, aerospace, and military.

Q5D Technology

Venture Round in 2024
Q5D automates the manufacture and assembly of wiring looms using advanced robotics, additive manufacturing, and intelligent software. It serves automotive, aerospace, and industrial sectors, helping Original Equipment Manufacturers (OEMs) and Tier 1 suppliers accelerate electrification, enhance reliability, and streamline supply chains.

SatVu

Venture Round in 2024
Satellite Vu is a developer of high-resolution thermal imaging satellites designed to monitor the temperature of buildings and infrastructures globally. By utilizing infrared technology to capture heat emissions in near real-time, the company provides valuable insights into economic activity, energy efficiency, and carbon footprints. This information aids various sectors, including the energy industry, investors, natural disaster responders, and building operators, in making informed decisions related to sustainability and resource management. Through its innovative satellite imagery, Satellite Vu aims to enhance understanding of environmental impacts and support initiatives in sustainable finance and disaster response.

Inversion

Series A in 2024
Inversion specializes in developing affordable, reusable spacecraft designed for commercial and defense industries. Their primary focus is creating autonomous re-entry vehicles to facilitate global cargo delivery, space station resupply, and resource return, aiming to make space exploration more accessible and sustainable.

Anello Photonics

Series B in 2024
Anello Photonics, based in Silicon Valley, specializes in developing advanced sensors that deliver optical gyroscope performance at an affordable price. Founded by experts in silicon photonics and inertial navigation, the company has created a patented technology known as the Anello SiPhOG gyroscope. This innovative sensor leverages an integrated photonic system-on-chip that utilizes a proprietary waveguide process, which simulates the characteristics of optical fiber within a compact chip. Anello's technology aims to redefine navigation systems with next-generation capabilities, positioning the company as a leader in the mass-market sensor industry. The company has garnered support from prominent venture capital firms to propel its growth and technological advancements.

Vatn Systems

Seed Round in 2024
Vatn Systems develops affordable autonomous underwater vehicles that operate cooperatively in swarms. Its core technology is advanced navigation software designed for GPS-denied environments, reducing hardware costs.

Phoenix Semiconductor

Seed Round in 2024
Phoenix Semiconductor specializes in developing electronic technologies that offer reliable and cost-effective replacements for discontinued semiconductor components. The company addresses challenges posed by obsolescence and supply chain disruptions by ensuring a dependable source of critical microelectronic parts that may be unavailable through traditional distribution channels. Phoenix Semiconductor's expertise lies in creating solutions that allow commercial semiconductor companies to provide secure drop-in replacements, thereby enabling them to meet the ongoing demand for legacy components in a constantly evolving market.

Q-CTRL

Series B in 2024
Q-CTRL develops software tools and firmware for quantum computing to reduce and control quantum bit errors in quantum hardware. Its quantum control infrastructure software supports research and development professionals and end users, accelerating the pathway to the first useful quantum computers and underpinning software-defined quantum sensors for defence, intelligence, navigation, and earth observation. The company collaborates with universities, national labs, and industry partners to advance hardware error management and stability in quantum systems.

Firestorm

Series A in 2024
Firestorm develops modular open-source unmanned aerial platforms and related hardware and software designed for defense applications. The company focuses on open-architecture systems that enable rapid, distributed manufacturing and mission-adaptable configurations. Its platforms feature swappable propulsion and payload options and are supported by mobile micro-factories that enable rapid drone production through advanced additive manufacturing. By enabling customizable, low-cost aerial systems, Firestorm aims to support military and defense operators across varied terrains and missions with adaptable, scalable solutions.

Agile Space Industries

Convertible Note in 2024
Agile Space Industries designs, builds, and tests in-space propulsion systems for satellites and spacecraft, using 3D metal alloy printing. It manufactures and tests new engine designs at a dedicated propulsion test facility in Durango, Colorado. The company offers storable monopropellant and bipropellant thrusters, propulsion systems for space-vehicle form factors, and mission-optimized interfaces for launch vehicles, spacecraft, and payloads. It provides diagnostic testing services spanning atmospheric, altitude, and vacuum environments, along with component, integrated module, system, and vehicle testing, plus rapid propulsion development and diagnostic propulsion testing, including altitude- and vacuum-system conditioning and high-resolution pressure and flow measurements. With more than a decade of rocket engine testing experience in defense, civil, and commercial programs, Agile Space Industries has collaborated with partners including SpaceX, NASA, and Rocketdyne.

RunSafe Security

Series B in 2024
RunSafe Security is a cybersecurity company that focuses on cyber-hardening transformations to protect embedded systems and devices from memory corruption and buffer overflow exploits. Its patented Alkemist technology inoculates systems from a broad class of cyber attacks by stopping infections at their source, while its tools harden files and programs and integrate across build and deploy toolchains to safeguard open source code, in-house code, and third-party binaries, supporting critical infrastructure sectors such as automotive, data centers, energy, healthcare, manufacturing, national security, and more. The firm provides real-time monitoring of bus messaging to differentiate malicious communications from legitimate traffic, blocks unapproved protocols before transmission, and helps reduce vulnerabilities by eliminating attack vectors. Headquartered in McLean, Virginia, with an additional office in Huntsville, Alabama, the company was founded in 2015 and serves customers across manufacturing, IIoT, and related industries.

Terran Orbital

Acquisition in 2024
Terran Orbital Corporation specializes in the manufacturing of picosatellites, cubesats, and nanosatellites, catering to government and commercial clients. Established in 2014 and headquartered in Irvine, California, the company offers a range of integrated satellite solutions, including the Intrepid system, which supports cubesat and nanosatellite missions, and the Endeavour platform, known for its advanced spacecraft bus subsystems. Additionally, Terran Orbital provides a radiation-tolerant FPGA-based computer system designed for harsh space environments. Their services extend beyond manufacturing to include mission consulting, research and development, satellite constellation development, and launch services. The company serves a diverse clientele, including enterprises, universities, and government agencies, primarily in the United States and Europe, delivering cost-effective, end-to-end aerospace solutions.

H3X Technologies

Series A in 2024
H3X Technologies designs and manufactures high-power density electric propulsion systems for aviation and urban air mobility. Its propulsion unit integrates the electric motor and inverter into a single compact module, delivering lightweight, high-performance propulsion suitable for retrofit into existing aircraft designs. The company's systems are geared toward decarbonizing aviation and enabling sustainable flight, with applications also cited in marine and heavy industrial use. Founded in 2020 by Jason Sylvestre, Eric Maciolek, and Max Liben, H3X focuses on advancing electric propulsion to support safer, cleaner aerospace and related sectors.

X-Bow Launch Systems

Series B in 2024
X-Bow Launch Systems Inc., located in Albuquerque, New Mexico, specializes in the production of advanced solid rocket motors and hypersonic technologies for both commercial and government applications. The company provides a comprehensive service that encompasses the design, testing, and launching of solid propellant systems. Utilizing additive manufacturing technology, X-Bow develops customizable and cost-effective rocket motors, positioning itself as an innovative player in the aerospace industry.

Liquid Instruments

Venture Round in 2024
Liquid Instruments designs and manufactures Moku:Lab, an all-in-one test and measurement platform that blends FPGA-based signal processing with high-speed analog inputs and outputs. The software-configurable hardware enables precise testing, measurement, and advanced digital signal processing, providing flexible, multi-function devices that improve workflow and productivity in manufacturing, defense, and education.

HelicitySpace

Venture Round in 2024
HelicitySpace, founded in 2018 and based in Berkeley, California, focuses on developing advanced propulsion and power technologies to facilitate human expansion into the solar system. The company specializes in its Helicity Drive technology, a scalable pulsed fusion concept that ranges from fusion-augmented electric propulsion to fully ignited reactors. This technology utilizes principles such as magnetic reconnection, plasma plectonemes, and peristaltic magnetic compression to enhance in-space propulsion systems. By offering high-power electric propulsion thrusters and harnessing fusion energy during the exhaust process, HelicitySpace aims to support space exploration initiatives and accelerate their development activities.

Firestorm

Seed Round in 2024
Firestorm develops modular open-source unmanned aerial platforms and related hardware and software designed for defense applications. The company focuses on open-architecture systems that enable rapid, distributed manufacturing and mission-adaptable configurations. Its platforms feature swappable propulsion and payload options and are supported by mobile micro-factories that enable rapid drone production through advanced additive manufacturing. By enabling customizable, low-cost aerial systems, Firestorm aims to support military and defense operators across varied terrains and missions with adaptable, scalable solutions.

Elve

Series A in 2024
Elve is a manufacturer specializing in high-efficiency, lightweight millimeter wave and near-terahertz power amplifiers designed to enhance wireless connectivity. The company focuses on developing advanced technologies that facilitate fiber-like wireless internet links, thereby improving the overall online experience for users. By integrating agile manufacturing techniques into their vacuum electronic devices, Elve aims to provide innovative solutions that support widespread connectivity in various applications.

Meteomatics

Venture Round in 2024
Meteomatics provides weather and environmental data through an API for businesses and researchers, offering historic, real-time, and forecast observations from weather models and measurements. The company serves industries including energy, agriculture, water management, air quality, finance, transport, city management, shipping, data analytics, and academia. Founded in 2012 and based in St. Gallen, Switzerland, it develops weather data platforms and tailored forecasting solutions, including commercial forecasting and power output forecasts for wind, solar, and hydro, enabling organizations to integrate projections into planning to improve decisions and efficiency.

Northumbria University

Grant in 2023
Northumbria University stands as one of the largest and most accomplished universities in the UK, serving approximately 36,000 students both domestically and internationally. Renowned for its high-quality teaching and research, the University offers academic programs across 29 popular disciplines and holds a prominent position as the largest UK provider of education in Hong Kong. With a strong emphasis on employability, its Accounting Unit supports students in achieving leadership and professional potential through research-driven education. The institution is particularly notable for its significant international student population and has established robust partnerships in various countries including Malaysia, Singapore, and the Caribbean. Its City Centre campus has undergone a substantial £160 million investment, enhancing facilities that cater to Law, Design, and Business disciplines. Northumbria has demonstrated a commitment to entrepreneurship, assisting over 200 graduates in launching startups in recent years, while also maintaining collaborations with more than 600 businesses. The university boasts the highest employment rate for graduates in the North East, underscoring its focus on research and enterprise as key priorities within its strategic objectives.

X-Bow Launch Systems

Venture Round in 2023
X-Bow Launch Systems Inc., located in Albuquerque, New Mexico, specializes in the production of advanced solid rocket motors and hypersonic technologies for both commercial and government applications. The company provides a comprehensive service that encompasses the design, testing, and launching of solid propellant systems. Utilizing additive manufacturing technology, X-Bow develops customizable and cost-effective rocket motors, positioning itself as an innovative player in the aerospace industry.

Launchpad.build

Venture Round in 2023
Launchpad is developing technology that will allow products to be delivered in days rather than months. The company is creating a user-friendly system of advanced software and autonomous hardware that will allow for a streamlined AI-driven digital thread from product CAD to actual product assembly. Launchpad's digitool is a networked automation solution that can perform a wide range of assembly tasks, such as pick and place, fastening, dispensing, and more, using only a product CAD file. The company's mission to enable manufacturing's future by increasing automation and improving utilization

HawkEye 360

Series D in 2023
HawkEye 360, Inc. is a data analytics company specializing in radio frequency (RF) mapping through its commercial satellite constellation. Founded in 2015 and headquartered in Herndon, Virginia, the company focuses on identifying, processing, and geolocating a wide range of RF signals. Its offerings include maritime domain awareness and spectrum mapping and monitoring, which are crucial for tracking global transportation networks and supporting emergency response efforts. By leveraging satellite tracking technology, HawkEye 360 provides clients in sectors such as maritime, intelligence, and telecommunications with analytical products designed to address complex challenges. The company has established a strategic partnership with Ursa to enhance its capabilities in RF data analytics.

Regent

Series A in 2023
Regent designs and manufactures electric flying machines, known as seagliders, for coastal transportation. These wing-in-ground-effect craft operate a few meters above water's surface, combining airplane speed with boat operating costs. Seagliders aim to revolutionize regional travel by connecting coastal cities and islands efficiently and sustainably.

Vayu Robotics

Seed Round in 2023
Vayu Robotics develops and commercializes advanced robotics technology for automotive sensing, autonomous vehicles, and other applications. The company specializes in creating scalable mobile robotics platforms that incorporate bio-inspired sensing, machine learning, and purposeful robotic design.

TileDB

Series B in 2023
TileDB, Inc. is a technology company specializing in the management of multi-dimensional array data, primarily for scientific applications. Founded in 2017 and headquartered in Cambridge, Massachusetts, with an additional location in Athens, Greece, TileDB offers a cloud-based storage platform and embedded storage engine. Its innovative software is designed to handle diverse data types, including unstructured and multimodal data, making it suitable for complex scientific inquiries such as genomic research and biomedical imaging. TileDB enables users to access, analyze, and share intricate datasets effectively, supporting scientific teams in pharmaceutical and biotechnology sectors to advance drug discovery and other research initiatives. Through its robust platform, TileDB facilitates parallel data analytics and integrates various dimensions and attributes within data arrays, positioning itself as a critical tool for scientific breakthroughs.

South 8 Technologies

Venture Round in 2023
South 8 Technologies, Inc. is a San Diego-based company that specializes in the development and manufacturing of lithium batteries and electrochemical capacitors utilizing an innovative liquefied gas electrolyte known as LiGas. Founded in 2015, South 8's LiGas technology addresses critical safety concerns associated with traditional lithium-ion batteries, effectively reducing fire risk and enabling operation across a wide temperature range of -60 to 60 °C. The LiGas electrolyte enhances energy density, supports fast charging, and is compatible with existing battery materials, making it a cost-effective solution for manufacturers. South 8's battery products, including the Arctic LiGas 18650 cell, cater to a diverse array of applications, including electric vehicles, energy storage, and sectors such as aerospace and defense. The company holds 23 patents in multiple jurisdictions, reflecting its commitment to innovation and advancing the capabilities of battery technology.

Sintavia

Corporate Round in 2023
Sintavia is a leader in applied additive manufacturing specifically serving the Aerospace, Defense, and Space industries. The company offers comprehensive, vertically integrated metal additive production services, encompassing design, fabrication, quality testing, and post-processing. Sintavia utilizes high-speed printers and precision post-processing equipment, along with an advanced metallurgical and powder laboratory, to ensure the production of high-quality, customized metal parts that meet stringent industry standards. As a founding member of the Additive Manufacturer Green Trade Association, Sintavia is dedicated to maintaining the highest quality standards and holds multiple aerospace accreditations, including Nadcap. This commitment positions Sintavia as a trusted partner for original equipment manufacturers in the aerospace sector.

Agile Space Industries

Seed Round in 2023
Agile Space Industries designs, builds, and tests in-space propulsion systems for satellites and spacecraft, using 3D metal alloy printing. It manufactures and tests new engine designs at a dedicated propulsion test facility in Durango, Colorado. The company offers storable monopropellant and bipropellant thrusters, propulsion systems for space-vehicle form factors, and mission-optimized interfaces for launch vehicles, spacecraft, and payloads. It provides diagnostic testing services spanning atmospheric, altitude, and vacuum environments, along with component, integrated module, system, and vehicle testing, plus rapid propulsion development and diagnostic propulsion testing, including altitude- and vacuum-system conditioning and high-resolution pressure and flow measurements. With more than a decade of rocket engine testing experience in defense, civil, and commercial programs, Agile Space Industries has collaborated with partners including SpaceX, NASA, and Rocketdyne.

RED 6

Series B in 2023
RED 6 INC. is a company that specializes in outdoor augmented reality solutions specifically designed for air combat training. Founded in 2017 and based in Santa Monica, California, RED 6 has developed the Airborne Tactical Augmented Reality System (ATARS), which allows pilots and ground operators to visualize synthetic threats in real-time during high-speed outdoor environments. This innovative platform integrates augmented reality technology into military training, enabling real pilots in actual aircraft to engage with computer-generated enemies effectively. By utilizing an augmented reality visor, an AI-driven multiplayer network, and biometric feedback loops, RED 6 enhances training experiences, thereby improving readiness and operational capabilities for military applications. The company's technology is not only pivotal for defense but also has potential applications across various industries, including entertainment, sports, and medicine.

Fortify

Venture Round in 2023
Fortify is an advanced manufacturing startup focused on digital composite manufacturing for 3D-printed parts with optimized material properties. The company uses magnetically aligned reinforcing fibers and high-resolution microstructure control enabled by magnetics and digital light processing to produce carbon fiber reinforced composites with tailored mechanical and electromagnetic performance. Its technology enables engineers to manufacture durable, functional parts with customized material properties for applications such as injection mold tooling and high-performance end-use components.

Ayar Labs

Series C in 2023
Ayar Labs develops and manufactures high-density electronic-photonic chiplets and lasers, specializing in optical interconnect solutions. Its flagship product, TeraPHY, offers a monolithic in-package optical I/O solution for applications requiring high bandwidth, low latency, and power efficiency. The company's products serve various industries such as artificial intelligence, cloud computing, telecommunications, aerospace, and military.

EpiSci

Seed Round in 2023
EpiSci specializes in developing advanced AI-based solutions for unmanned/uncrewed vehicle platforms. Their offerings include trusted, hardware-agnostic, and rapidly portable autonomy systems.

3D Glass Solutions

Series C in 2023
3D Glass Solutions designs and manufactures glass-based system-in-package electronic packaging devices and components, and provides design and device consultation and prototyping services. The company serves integrated circuit manufacturers, photonic component suppliers, and defense contractors, leveraging glass-enabled systems integration to consolidate components onto a single platform while reducing manufacturing costs. It utilizes APEX Glass technology to fabricate electronic systems with photo-definable glass ceramics, offering low-loss photosensitive processes, through-glass vias, substrate stacking, and photonic integration. These capabilities support applications in wireless infrastructure, aerospace and defense, photonics, sensors, and AI. The business originated in 2006 and is based in Albuquerque, New Mexico.

Regent

Venture Round in 2023
Regent designs and manufactures electric flying machines, known as seagliders, for coastal transportation. These wing-in-ground-effect craft operate a few meters above water's surface, combining airplane speed with boat operating costs. Seagliders aim to revolutionize regional travel by connecting coastal cities and islands efficiently and sustainably.

H3X Technologies

Venture Round in 2023
H3X Technologies designs and manufactures high-power density electric propulsion systems for aviation and urban air mobility. Its propulsion unit integrates the electric motor and inverter into a single compact module, delivering lightweight, high-performance propulsion suitable for retrofit into existing aircraft designs. The company's systems are geared toward decarbonizing aviation and enabling sustainable flight, with applications also cited in marine and heavy industrial use. Founded in 2020 by Jason Sylvestre, Eric Maciolek, and Max Liben, H3X focuses on advancing electric propulsion to support safer, cleaner aerospace and related sectors.

Fortem Technologies

Venture Round in 2023
Fortem Technologies, Inc. is a privately held company based in Provo, Utah, specializing in AI-enabled airspace security and safety solutions. Founded in 2016, Fortem develops and manufactures advanced intrusion detection and detect-and-avoid systems that alert, identify, and classify drones and other unmanned aerial vehicles (UAVs). Its product offerings include various radar systems, such as the DAA-R10 and DAA-R20, designed for mission-critical operations and compliance with FAA standards. Additionally, the company provides the ThreatAware AI analysis engine, which processes data from multiple sensors in real-time, and the F700 Patriot, a multi-rotor drone platform. Fortem's DroneHunter, a military-tested unmanned aircraft, is designed for perimeter intrusion detection and protection. Through its innovative technologies, Fortem enables organizations to enhance operational safety and transition unmanned aircraft operations beyond visual line of sight (BVLOS).

Lux Semiconductors

Seed Round in 2023
Lux Semiconductors develops crystalline thin-film semiconductors used in flexible integrated circuits and designs metal-core substrates intended to replace traditional organic and glass cores in advanced semiconductor packages. The company's patented platform improves heat dissipation, power delivery, electromagnetic shielding, structural stability, and signal integrity, enabling manufacturers across data-center processors, AI accelerators, aerospace and defense electronics, automotive systems, battery management, and medical devices to overcome performance bottlenecks.

Machina Labs

Venture Round in 2023
Machina Labs is a manufacturing firm specializing in automated metal forming and fabrication processes. It leverages AI and machine learning, along with advanced robotics, to efficiently produce composite and metal products for aerospace, automotive, consumer goods, and defense industries.

Fortify

Venture Round in 2022
Fortify is an advanced manufacturing startup focused on digital composite manufacturing for 3D-printed parts with optimized material properties. The company uses magnetically aligned reinforcing fibers and high-resolution microstructure control enabled by magnetics and digital light processing to produce carbon fiber reinforced composites with tailored mechanical and electromagnetic performance. Its technology enables engineers to manufacture durable, functional parts with customized material properties for applications such as injection mold tooling and high-performance end-use components.

Slingshot Aerospace

Series A in 2022
Founded in 2016, Slingshot Aerospace develops mission-critical data and analytics solutions for the aerospace industry. Its platforms integrate global sensor data, artificial intelligence, and astrodynamics to enhance spaceflight awareness, reduce operational risk, and optimize decision-making for commercial and government space operators.

Terran Orbital

Post in 2022
Terran Orbital Corporation specializes in the manufacturing of picosatellites, cubesats, and nanosatellites, catering to government and commercial clients. Established in 2014 and headquartered in Irvine, California, the company offers a range of integrated satellite solutions, including the Intrepid system, which supports cubesat and nanosatellite missions, and the Endeavour platform, known for its advanced spacecraft bus subsystems. Additionally, Terran Orbital provides a radiation-tolerant FPGA-based computer system designed for harsh space environments. Their services extend beyond manufacturing to include mission consulting, research and development, satellite constellation development, and launch services. The company serves a diverse clientele, including enterprises, universities, and government agencies, primarily in the United States and Europe, delivering cost-effective, end-to-end aerospace solutions.

Orbit Fab

Series A in 2022
Founded in 2018, Orbit Fab develops orbital propellant depots to expand operational potential of satellites. Its key products include Rapidly Attachable Fluid Transfer Interface (RAFTI) for on-orbit refueling and docking, and Rigid Tanker International Space Station prototypes.

Liquid Instruments

Series B in 2022
Liquid Instruments designs and manufactures Moku:Lab, an all-in-one test and measurement platform that blends FPGA-based signal processing with high-speed analog inputs and outputs. The software-configurable hardware enables precise testing, measurement, and advanced digital signal processing, providing flexible, multi-function devices that improve workflow and productivity in manufacturing, defense, and education.

Alloy Enterprises

Seed Round in 2022
Alloy Enterprises is a Somerville, Massachusetts-based developer of 3D printing technologies and industrial-engineered products aimed at reducing inefficiencies in conventional manufacturing. The company has developed an aluminum additive technology that enables dense, low-cost parts without relying on expensive or hazardous powders, addressing limitations in traditional methods and supporting advances in lightweight components and emissions reduction.

Antaris

Seed Round in 2022
Antaris is a software platform provider focused on simplifying the design, simulation, and operation of satellites. The company offers a comprehensive digital space software platform that includes design tools, digital twinning, and open APIs, enabling clients to manage the entire lifecycle of their satellites. With features that encompass complete spacecraft software and mission control, Antaris aims to enhance operational efficiency, reduce time-to-orbit, and lower mission operating costs. Additionally, the platform incorporates a secure space data networking protocol stack, further streamlining satellite operations for its clients.

Xona Space Systems

Venture Round in 2022
Xona Space Systems develops and manufactures position, navigation, and timing satellite solutions for smart transportation and infrastructure. The company operates a constellation of low-cost, low-Earth-orbit satellites to deliver secure navigation and timing services with resilience and high location precision for autonomous vehicles, unmanned aerial vehicles, mobile robotics, and other location-critical applications. Founded in 2019 and based in San Mateo, California, Xona Space Systems aims to enable safe, scalable operation of intelligent systems at scale.

CloudNC

Series B in 2022
CloudNC is a London-based software company that develops autonomous manufacturing software to automate the programming of computer numerical control milling machines. It provides software and cloud-based services to design tooling paths and streamline CNC programming, enabling factories to produce precision metal components with minimal human intervention. The company also offers an end-to-end manufacturing service intended to replace skilled human roles in metal part production, aiming to improve lead times, machine utilization, and scalability. Incorporated in 2015, CloudNC seeks to modernize manufacturing by making milling processes more efficient and predictable, supporting industries that rely on precision parts.

Brelyon

Venture Round in 2022
Founded in 2019, Brelyon specializes in manufacturing immersive display solutions. Its flagship product is a headset-free virtual monitor, offering an alternative to multi-monitor setups and VR headsets for office, gaming, and teleoperations.

X-Bow Launch Systems

Series A in 2022
X-Bow Launch Systems Inc., located in Albuquerque, New Mexico, specializes in the production of advanced solid rocket motors and hypersonic technologies for both commercial and government applications. The company provides a comprehensive service that encompasses the design, testing, and launching of solid propellant systems. Utilizing additive manufacturing technology, X-Bow develops customizable and cost-effective rocket motors, positioning itself as an innovative player in the aerospace industry.

Terran Orbital

Post in 2022
Terran Orbital Corporation specializes in the manufacturing of picosatellites, cubesats, and nanosatellites, catering to government and commercial clients. Established in 2014 and headquartered in Irvine, California, the company offers a range of integrated satellite solutions, including the Intrepid system, which supports cubesat and nanosatellite missions, and the Endeavour platform, known for its advanced spacecraft bus subsystems. Additionally, Terran Orbital provides a radiation-tolerant FPGA-based computer system designed for harsh space environments. Their services extend beyond manufacturing to include mission consulting, research and development, satellite constellation development, and launch services. The company serves a diverse clientele, including enterprises, universities, and government agencies, primarily in the United States and Europe, delivering cost-effective, end-to-end aerospace solutions.

Terran Orbital

Post in 2022
Terran Orbital Corporation specializes in the manufacturing of picosatellites, cubesats, and nanosatellites, catering to government and commercial clients. Established in 2014 and headquartered in Irvine, California, the company offers a range of integrated satellite solutions, including the Intrepid system, which supports cubesat and nanosatellite missions, and the Endeavour platform, known for its advanced spacecraft bus subsystems. Additionally, Terran Orbital provides a radiation-tolerant FPGA-based computer system designed for harsh space environments. Their services extend beyond manufacturing to include mission consulting, research and development, satellite constellation development, and launch services. The company serves a diverse clientele, including enterprises, universities, and government agencies, primarily in the United States and Europe, delivering cost-effective, end-to-end aerospace solutions.

Slingshot Aerospace

Series A in 2022
Founded in 2016, Slingshot Aerospace develops mission-critical data and analytics solutions for the aerospace industry. Its platforms integrate global sensor data, artificial intelligence, and astrodynamics to enhance spaceflight awareness, reduce operational risk, and optimize decision-making for commercial and government space operators.

Electra.aero

Series A in 2022
Electra.aero designs and manufactures hybrid-electric aircraft for sustainable urban and regional mobility. The company develops electric short takeoff and landing airplanes with pilot assistance systems, powered-lift, and distributed electric propulsion, supported by on-demand service that reduces reliance on ground charging and enables rapid turnaround. Its activities include aircraft design, certification, electric propulsion, acoustic testing, and production services, aimed at safe, quiet, and affordable transportation across diverse environments.

3D Glass Solutions

Series B in 2021
3D Glass Solutions designs and manufactures glass-based system-in-package electronic packaging devices and components, and provides design and device consultation and prototyping services. The company serves integrated circuit manufacturers, photonic component suppliers, and defense contractors, leveraging glass-enabled systems integration to consolidate components onto a single platform while reducing manufacturing costs. It utilizes APEX Glass technology to fabricate electronic systems with photo-definable glass ceramics, offering low-loss photosensitive processes, through-glass vias, substrate stacking, and photonic integration. These capabilities support applications in wireless infrastructure, aerospace and defense, photonics, sensors, and AI. The business originated in 2006 and is based in Albuquerque, New Mexico.

Hedron

Series A in 2021
Hedron is a company focused on developing a modular and scalable network of data relay satellites designed to enhance data connectivity in space. Their satellite network utilizes a hybrid RF-optical communication system to facilitate real-time communication between Earth and low-earth-orbiting satellites. By offering advanced data connectivity solutions, Hedron aims to address critical global challenges such as food and water security, climate change monitoring, and disaster mitigation. The company's imaging satellites generate valuable data that provide insights to optimize the global economy and improve understanding of the planet. Through its innovative approach, Hedron is positioned to create new opportunities for advancements in space technology and data utilization.

Anello Photonics

Series A in 2021
Anello Photonics, based in Silicon Valley, specializes in developing advanced sensors that deliver optical gyroscope performance at an affordable price. Founded by experts in silicon photonics and inertial navigation, the company has created a patented technology known as the Anello SiPhOG gyroscope. This innovative sensor leverages an integrated photonic system-on-chip that utilizes a proprietary waveguide process, which simulates the characteristics of optical fiber within a compact chip. Anello's technology aims to redefine navigation systems with next-generation capabilities, positioning the company as a leader in the mass-market sensor industry. The company has garnered support from prominent venture capital firms to propel its growth and technological advancements.

TileDB

Venture Round in 2021
TileDB, Inc. is a technology company specializing in the management of multi-dimensional array data, primarily for scientific applications. Founded in 2017 and headquartered in Cambridge, Massachusetts, with an additional location in Athens, Greece, TileDB offers a cloud-based storage platform and embedded storage engine. Its innovative software is designed to handle diverse data types, including unstructured and multimodal data, making it suitable for complex scientific inquiries such as genomic research and biomedical imaging. TileDB enables users to access, analyze, and share intricate datasets effectively, supporting scientific teams in pharmaceutical and biotechnology sectors to advance drug discovery and other research initiatives. Through its robust platform, TileDB facilitates parallel data analytics and integrates various dimensions and attributes within data arrays, positioning itself as a critical tool for scientific breakthroughs.

Orbit Fab

Venture Round in 2021
Founded in 2018, Orbit Fab develops orbital propellant depots to expand operational potential of satellites. Its key products include Rapidly Attachable Fluid Transfer Interface (RAFTI) for on-orbit refueling and docking, and Rigid Tanker International Space Station prototypes.

Latent AI

Series A in 2021
Founded in 2018, Latent AI develops a platform that enables smart Internet of Things (IoT) applications by optimizing AI neural networks for edge devices. Its LEIP platform allows developers to train, quantize, and deploy edge AI neural networks cost-effectively across the edge continuum.

Elroy Air

Series A in 2021
Founded in 2016, Elroy Air is a San Francisco-based aerospace company specializing in autonomous cargo delivery. It operates an aerial system featuring rotor-based vertical takeoff and landing, transitioning to wing-based cruise flight for long-range deliveries. The company serves commercial, humanitarian aid, and military applications.

Fiddler AI

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.

Hidden Level

Venture Round in 2021
Hidden Level develops airspace sensing technologies, specializing in passive radar and drone detection through RF spectrum signal analysis. Its airspace monitoring systems deploy networks of passive sensors to detect and track drones and other aerial vehicles over large geographic areas, supporting critical infrastructure, defense, and public safety customers. The company emphasizes safety through sensing, offering services that cover classical systems engineering, data modeling and analysis, field testing, and full product lifecycle management, including PCB design. Its solutions enable monitoring of low-altitude air traffic while maintaining privacy in compliance with applicable regulations.

Edge Case Research

Series A in 2021
Founded in 2013, Edge Case Research specializes in developing software products and safety systems for companies working on self-driving cars. They offer tools like Hologram for edge case detection and Switchboard for automated robustness testing. Their services also include embedded software best practices assessment and training. The company serves industries such as autonomous vehicles, robotics, consumer electronics, and industrial controls.

Lightmatter

Series B in 2021
Founded in 2017 and based in Boston, Lightmatter is an artificial intelligence hardware company that specializes in integrated optical technology. It designs photonic chips to enable data processing and communication through light signals, aiming to improve efficiency and scalability for AI data centers.

Verana Networks

Convertible Note in 2021
Founded in 2019, Verana Networks specializes in developing innovative 5G Radio Access Network solutions for service providers who have licensed millimeter wave spectrum. Its focus is on enabling high-speed and high-capacity 5G services to drive new applications and revenue growth.

Uhnder

Series C in 2020
Uhnder Inc. is a technology company that specializes in developing innovative products for sensing, cognition, and communication within the Internet of Things (IoT) market. Founded in 2015 and headquartered in Austin, Texas, with additional engineering and operations in St. Louis, Uhnder is recognized for its digital automotive radar-on-chip. This technology serves as a more accurate and reliable alternative to traditional light detection and ranging (lidar) systems, enhancing the safety and responsiveness of autonomous vehicles. The chip is designed to prevent collisions, alert drivers to potential hazards, and facilitate quick localization for navigation. By offering this advanced solution, Uhnder aims to significantly improve the automation capabilities of manufacturers in the automotive sector.

Ayar Labs

Series B in 2020
Ayar Labs develops and manufactures high-density electronic-photonic chiplets and lasers, specializing in optical interconnect solutions. Its flagship product, TeraPHY, offers a monolithic in-package optical I/O solution for applications requiring high bandwidth, low latency, and power efficiency. The company's products serve various industries such as artificial intelligence, cloud computing, telecommunications, aerospace, and military.

i3

Acquisition in 2020
I3 is a software engineering, systems integration, information technology, and training support services company.

Humatics

Series B in 2020
Humatics develops microlocation technology and a Spatial Intelligence Platform that enables precise locating, navigation and collaboration for people and machines. Using simple radio-frequency technology, a Humatics system can track multiple moving transponder targets at ranges up to thirty meters with centimeter to millimeter precision, at a fraction of the cost of traditional systems. The platform networks multiple units to provide broad, ultra-precise positioning coverage from single work cells to large facilities, and its extensible architecture with APIs supports an ecosystem of position-based products and services. The company combines proprietary software and hardware, on-board sensors, and advanced algorithms to connect the physical and digital worlds, aiming to improve safety, efficiency, and productivity across sectors such as manufacturing and logistics. Humatics was founded in 2015 by MIT professor David Mindell and Gary Cohen and is headquartered in Cambridge, Massachusetts.

Fiddler AI

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.

RED 6

Venture Round in 2020
RED 6 INC. is a company that specializes in outdoor augmented reality solutions specifically designed for air combat training. Founded in 2017 and based in Santa Monica, California, RED 6 has developed the Airborne Tactical Augmented Reality System (ATARS), which allows pilots and ground operators to visualize synthetic threats in real-time during high-speed outdoor environments. This innovative platform integrates augmented reality technology into military training, enabling real pilots in actual aircraft to engage with computer-generated enemies effectively. By utilizing an augmented reality visor, an AI-driven multiplayer network, and biometric feedback loops, RED 6 enhances training experiences, thereby improving readiness and operational capabilities for military applications. The company's technology is not only pivotal for defense but also has potential applications across various industries, including entertainment, sports, and medicine.

IonQ

Series B in 2020
IonQ is a quantum computing company that develops general-purpose quantum information processors based on trapped-ion technology. Its approach enables qubit replication, optical networkability, and optimized algorithms to support scalable quantum computation beyond classical capabilities. Founded in 2015 and based in College Park, Maryland, IonQ offers access to its quantum computers through cloud platforms, providing quantum-computing-as-a-service to a broad user base and select customers through its own cloud service. Revenue streams include QCaaS arrangements and related consulting and co-development contracts for algorithm design and system integration.

ABL Space Systems

Venture Round in 2020
ABL Space Systems is a company that designs and manufactures rockets specifically for launching small satellites. Founded in 2017 and headquartered in El Segundo, California, ABL focuses on developing low-cost and reliable launch vehicles. Its primary product, the RS1 rocket, is capable of carrying payloads of up to 1,350 kilograms to Low Earth Orbit (LEO) and supports various configurations, including multi-manifest and dedicated deployments. Additionally, ABL has developed the GS0 ground system to facilitate rapid deployment and integration of launch operations at multiple locations. The company operates out of a 30,000 square foot facility dedicated to research, development, and production.

Ayar Labs

Venture Round in 2020
Ayar Labs develops and manufactures high-density electronic-photonic chiplets and lasers, specializing in optical interconnect solutions. Its flagship product, TeraPHY, offers a monolithic in-package optical I/O solution for applications requiring high bandwidth, low latency, and power efficiency. The company's products serve various industries such as artificial intelligence, cloud computing, telecommunications, aerospace, and military.

DeepSig

Series A in 2020
DeepSig Inc. is an innovative company based in Arlington, Virginia, specializing in artificial intelligence-based machine learning software for wireless technologies, including 5G and the Internet of Things (IoT). Founded in 2016, DeepSig focuses on transforming wireless communications by utilizing deep learning to enhance system performance, efficiency, and security in complex environments. Its product offerings include OmniSIG sensor software, which serves as a radio frequency sensing application, and the OmniSIG SDK, a comprehensive tool suite that allows customers to curate RF datasets and train advanced deep learning models for custom applications. Additionally, the company provides OmniPHY communications and OmniPHY-5G, which are designed to optimize radio access network capabilities. By leveraging machine learning to create optimized models from data, DeepSig enables clients to customize and enhance wireless systems effectively.

PV Labs

Venture Round in 2020
PV Labs Inc. is an established image acquisition and analytics company based in Hamilton, Canada, with an additional office in Van Nuys, California. Founded in 2004, the company specializes in designing and developing advanced aerial imaging systems for intelligence, surveillance, and reconnaissance (ISR) applications, catering to various levels of government and military needs. PV Labs offers a range of innovative products, including the Look Down Gimbal, which stabilizes sensor payloads, and the Tactical Content Management System, facilitating real-time data management over limited bandwidth. Their technology encompasses sensor solutions for persistent wide area surveillance, extended range electro-optical and infrared telescopes, and hyperspectral imaging. The company also provides camera systems for monitoring and inspecting manufacturing processes and offers specialized aerial imaging solutions for the security, public safety, and geospatial sectors, as well as for cinema, broadcast, and gaming applications.

RunSafe Security

Series A in 2019
RunSafe Security is a cybersecurity company that focuses on cyber-hardening transformations to protect embedded systems and devices from memory corruption and buffer overflow exploits. Its patented Alkemist technology inoculates systems from a broad class of cyber attacks by stopping infections at their source, while its tools harden files and programs and integrate across build and deploy toolchains to safeguard open source code, in-house code, and third-party binaries, supporting critical infrastructure sectors such as automotive, data centers, energy, healthcare, manufacturing, national security, and more. The firm provides real-time monitoring of bus messaging to differentiate malicious communications from legitimate traffic, blocks unapproved protocols before transmission, and helps reduce vulnerabilities by eliminating attack vectors. Headquartered in McLean, Virginia, with an additional office in Huntsville, Alabama, the company was founded in 2015 and serves customers across manufacturing, IIoT, and related industries.

A. James Clark School of Engineering

Grant in 2019
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.

University of Maryland

Grant in 2019
Founded in 1856, University of Maryland is a renowned public research university located in College Park, Maryland. It is dedicated to research, entrepreneurship, and innovation.

ABL Space Systems

Corporate Round in 2019
ABL Space Systems is a company that designs and manufactures rockets specifically for launching small satellites. Founded in 2017 and headquartered in El Segundo, California, ABL focuses on developing low-cost and reliable launch vehicles. Its primary product, the RS1 rocket, is capable of carrying payloads of up to 1,350 kilograms to Low Earth Orbit (LEO) and supports various configurations, including multi-manifest and dedicated deployments. Additionally, ABL has developed the GS0 ground system to facilitate rapid deployment and integration of launch operations at multiple locations. The company operates out of a 30,000 square foot facility dedicated to research, development, and production.

DUST Identity

Series A in 2019
DUST Identity, Inc. specializes in developing advanced authentication technology that employs nano-diamonds to create an unclonable identity layer on various objects within supply chains. Founded in 2011 and headquartered in Framingham, Massachusetts, with an additional office in Princeton, New Jersey, the company offers a proprietary system known as DUST, which includes an optical scanner and a cloud-based infrastructure. This system provides an interface for managing object identity and provenance, ensuring that products can be verified and trusted throughout their lifecycle. By linking physical items to their digital records, DUST Identity enables businesses to access critical data regarding product sourcing, testing, and certification, thereby enhancing safety and traceability across their value chains.

3D Glass Solutions

Series B in 2019
3D Glass Solutions designs and manufactures glass-based system-in-package electronic packaging devices and components, and provides design and device consultation and prototyping services. The company serves integrated circuit manufacturers, photonic component suppliers, and defense contractors, leveraging glass-enabled systems integration to consolidate components onto a single platform while reducing manufacturing costs. It utilizes APEX Glass technology to fabricate electronic systems with photo-definable glass ceramics, offering low-loss photosensitive processes, through-glass vias, substrate stacking, and photonic integration. These capabilities support applications in wireless infrastructure, aerospace and defense, photonics, sensors, and AI. The business originated in 2006 and is based in Albuquerque, New Mexico.

Edge Case Research

Seed Round in 2019
Founded in 2013, Edge Case Research specializes in developing software products and safety systems for companies working on self-driving cars. They offer tools like Hologram for edge case detection and Switchboard for automated robustness testing. Their services also include embedded software best practices assessment and training. The company serves industries such as autonomous vehicles, robotics, consumer electronics, and industrial controls.

Mythic

Series B in 2019
Founded in 2012, Mythic specializes in designing and manufacturing AI-driven silicon chips and inference processors. Its innovative technology brings desktop GPU compute capabilities and neural networks to compact, energy-efficient devices, enabling AI deployment across various industries such as consumer electronics, wearables, and autonomous systems.

Tempo Automation Holdings

Series C in 2019
Tempo Automation Holdings, established in 2013 and headquartered in San Francisco, specializes in manufacturing low-volume electronics products. The company's core business involves designing and assembling printed circuit boards (PCBs) using a unique, software-automated platform. This platform enables Tempo to provide unparalleled speed, quality, and transparency, particularly during the critical prototype and new product introduction stages. Serving leading innovators across industries such as aerospace, medical technology, and automotive, Tempo Automation empowers its customers to accelerate product development and time to market.

Humatics

Series A in 2019
Humatics develops microlocation technology and a Spatial Intelligence Platform that enables precise locating, navigation and collaboration for people and machines. Using simple radio-frequency technology, a Humatics system can track multiple moving transponder targets at ranges up to thirty meters with centimeter to millimeter precision, at a fraction of the cost of traditional systems. The platform networks multiple units to provide broad, ultra-precise positioning coverage from single work cells to large facilities, and its extensible architecture with APIs supports an ecosystem of position-based products and services. The company combines proprietary software and hardware, on-board sensors, and advanced algorithms to connect the physical and digital worlds, aiming to improve safety, efficiency, and productivity across sectors such as manufacturing and logistics. Humatics was founded in 2015 by MIT professor David Mindell and Gary Cohen and is headquartered in Cambridge, Massachusetts.

Humatics

Series B in 2018
Humatics develops microlocation technology and a Spatial Intelligence Platform that enables precise locating, navigation and collaboration for people and machines. Using simple radio-frequency technology, a Humatics system can track multiple moving transponder targets at ranges up to thirty meters with centimeter to millimeter precision, at a fraction of the cost of traditional systems. The platform networks multiple units to provide broad, ultra-precise positioning coverage from single work cells to large facilities, and its extensible architecture with APIs supports an ecosystem of position-based products and services. The company combines proprietary software and hardware, on-board sensors, and advanced algorithms to connect the physical and digital worlds, aiming to improve safety, efficiency, and productivity across sectors such as manufacturing and logistics. Humatics was founded in 2015 by MIT professor David Mindell and Gary Cohen and is headquartered in Cambridge, Massachusetts.

Ocean Aero

Series B in 2018
Ocean Aero, Inc. is a San Diego-based company that specializes in designing, developing, and manufacturing unmanned autonomous underwater vehicles. It provides innovative solutions for various sectors, including military, scientific, commercial, and security markets. Ocean Aero's products consist of both unmanned underwater and surface vessels, which are powered by wind and solar energy. Their technology enables persistent operations in diverse environments, making these vessels suitable for applications such as critical asset monitoring, oceanographic research, mine countermeasures, and coastal law enforcement. The company employs a System-as-a-Service model that incorporates planning, outfitting, monitoring, and data acquisition to meet the evolving needs of its clients. Established in 2013, Ocean Aero is committed to advancing its technology through a strategic intellectual property approach, aiming to adapt and expand its offerings to support a range of maritime missions.

Terran Orbital

Series B in 2018
Terran Orbital Corporation specializes in the manufacturing of picosatellites, cubesats, and nanosatellites, catering to government and commercial clients. Established in 2014 and headquartered in Irvine, California, the company offers a range of integrated satellite solutions, including the Intrepid system, which supports cubesat and nanosatellite missions, and the Endeavour platform, known for its advanced spacecraft bus subsystems. Additionally, Terran Orbital provides a radiation-tolerant FPGA-based computer system designed for harsh space environments. Their services extend beyond manufacturing to include mission consulting, research and development, satellite constellation development, and launch services. The company serves a diverse clientele, including enterprises, universities, and government agencies, primarily in the United States and Europe, delivering cost-effective, end-to-end aerospace solutions.

Mythic

Series B in 2018
Founded in 2012, Mythic specializes in designing and manufacturing AI-driven silicon chips and inference processors. Its innovative technology brings desktop GPU compute capabilities and neural networks to compact, energy-efficient devices, enabling AI deployment across various industries such as consumer electronics, wearables, and autonomous systems.

Humatics

Series A in 2017
Humatics develops microlocation technology and a Spatial Intelligence Platform that enables precise locating, navigation and collaboration for people and machines. Using simple radio-frequency technology, a Humatics system can track multiple moving transponder targets at ranges up to thirty meters with centimeter to millimeter precision, at a fraction of the cost of traditional systems. The platform networks multiple units to provide broad, ultra-precise positioning coverage from single work cells to large facilities, and its extensible architecture with APIs supports an ecosystem of position-based products and services. The company combines proprietary software and hardware, on-board sensors, and advanced algorithms to connect the physical and digital worlds, aiming to improve safety, efficiency, and productivity across sectors such as manufacturing and logistics. Humatics was founded in 2015 by MIT professor David Mindell and Gary Cohen and is headquartered in Cambridge, Massachusetts.

Ocean Aero

Venture Round in 2017
Ocean Aero, Inc. is a San Diego-based company that specializes in designing, developing, and manufacturing unmanned autonomous underwater vehicles. It provides innovative solutions for various sectors, including military, scientific, commercial, and security markets. Ocean Aero's products consist of both unmanned underwater and surface vessels, which are powered by wind and solar energy. Their technology enables persistent operations in diverse environments, making these vessels suitable for applications such as critical asset monitoring, oceanographic research, mine countermeasures, and coastal law enforcement. The company employs a System-as-a-Service model that incorporates planning, outfitting, monitoring, and data acquisition to meet the evolving needs of its clients. Established in 2013, Ocean Aero is committed to advancing its technology through a strategic intellectual property approach, aiming to adapt and expand its offerings to support a range of maritime missions.

Contextere

Corporate Round in 2017
Contextere is an Ottawa-based software company that develops industrial IoT and AI-powered solutions for the connected workforce. Its platform uses an insight engine to extract, structure, and fuse maintenance, repair, and operations data and applies machine learning to provide immediate, actionable guidance to frontline workers, boosting productivity and safety while reducing equipment downtime in manufacturing and other heavy industries.

Terran Orbital

Venture Round in 2017
Terran Orbital Corporation specializes in the manufacturing of picosatellites, cubesats, and nanosatellites, catering to government and commercial clients. Established in 2014 and headquartered in Irvine, California, the company offers a range of integrated satellite solutions, including the Intrepid system, which supports cubesat and nanosatellite missions, and the Endeavour platform, known for its advanced spacecraft bus subsystems. Additionally, Terran Orbital provides a radiation-tolerant FPGA-based computer system designed for harsh space environments. Their services extend beyond manufacturing to include mission consulting, research and development, satellite constellation development, and launch services. The company serves a diverse clientele, including enterprises, universities, and government agencies, primarily in the United States and Europe, delivering cost-effective, end-to-end aerospace solutions.

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.
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