Search

Firestorm Labs Raises $47 Million With Help From Lockheed, Booz Allen To Scale Manufacturing

Firestorm Labs Raises $47 Million With Help From Lockheed, Booz Allen To Scale Manufacturing
Firestorm's xCell containerized additive manufacturing system for 3D printing unmanned aircraft and related parts. Image: Firestorm Labs

Firestorm Labs, which has developed and expeditionary manufacturing capability for “point-of-need production” for drones and their parts, has raised $47 million in a Series A round that will be put toward hiring engineers, opening a larger production facility, expanding a partnership program, and accelerating in-theater production. The funding round was led by New Enterprise Associates with participation from the venture arms of Lockheed Martin [LMT] and Booz Allen Hamilton [BAH], Decisive Point, and Washington Harbour Partners. Firestorm’s factory-in-a-box is called…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]


In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]


Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]


SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]