Sign In
Search
Business/Financial

Precision Munitions Startup Heaviside Raises $60 Million; Partners With Nammo

Cal Biesecker By
SHARE:
Precision Munitions Startup Heaviside Raises $60 Million; Partners With Nammo
Logo for Heaviside Industries' forthcoming TYR autonomous aerial munition. Image: Heaviside

Heaviside Industries, a startup developing precision munitions, on Wednesday said it has raised $60 million in a Series B round, three months after the company emerged from stealth. The Los Angeles-based company also announced a partner with Norway’s Nammo which will provide warheads for Heaviside’s precision strike weapons. Heaviside has 60 employees, including 20 engineering staff in Oslo, Norway. The Series B round was led by Felicis and follows a $28 million Series A round announced in May when Heaviside…

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.

Recommended

Missile Defense

Golden Dome’s Space-Based Interceptor Competition Passes First Test; Homeland System Needs AI

Advanced / Transformational Technology

Lockheed Martin Demonstrates Airspace Awareness System For Drones With Commercial Partners

Advanced / Transformational Technology

Boeing Developing New Ultra-Low Cost Seeker For Weapon Systems

Advanced / Transformational Technology

DARPA’s Lift Challenge Winner Demonstrated ‘Unprecedented” Payload-To-Weight Ratio

Trending

Army Launches Effort To Speed Up Industry’s Access To Test Ranges
Defense Watch: CSO Schiess, SSGNs, Golden Dome Sats, Big DHS C-UAS Award
Israel, U.S. Successfully Test Arrow Missile Defense System
Kratos Views Engines For Low-Cost Cruise Missiles As Growth Area
First Battleship Could Cost Over $23 Billion And Start Later Than Planned, CBO Says

Congress Updates

Congress

Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort

Wisconsin’s GOP congressional delegation is urging the Trump administration to support legislative language enabling the Marine Corps to potentially bring in a second Joint Light Tactical Vehicle (JLTV) supplier. The […]

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume