Search

Forterra Raises $238 Million To Bolster C3, Production Efforts

Forterra Raises $238 Million To Bolster C3, Production Efforts
Oshkosk Corp.'s ROGUE Fires platform in production for the Marine Corps. Forterra provides a self-driving solution for the system. Photo: U.S. Defense Department

Autonomous technology startup Forterra has raised $238 million in a new funding round to be put toward command, control and communications systems, and increasing production capacity, the company said on Wednesday. The Series C round was led by Moore Strategic Ventures. “This funding propels Forterra’s mission to be the connective tissue of modern operations,” Josh Araujo, the company’s CEO, said in a statement. “Our interoperable mission modules and autonomous stack are already enabling a new generation of platforms to move,…

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

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]


Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]


HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]


House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]