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Lockheed Martin Ventures Invests In Digital Manufacturing Startup Launchpad.Build

Cal Biesecker By
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Lockheed Martin Ventures Invests In Digital Manufacturing Startup Launchpad.Build
Yoav Zingher, CEO of Launchpad.build. Photo: Launchpad.build

Lockheed Martin [LMT] on Wednesday said its venture unit has invested in Launchpad.build, a small startup focused on using artificial intelligence and simulation for agile on-demand, low volume production runs at low cost. The value of the investment was not disclosed and includes high net worth individuals. Launchpad said it will invest the funds in working capital to help it scale and “improve upon our industry leading capabilities and help customers leverage AI to more efficiently design, manufacture, maintain, and…

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