Counter-drone company Fortem Technologies closes $50 million Series B led by Lockheed Martin

TLDR

• Fortem Technologies has closed a $50 million Series B round led by Lockheed Martin, which had already committed $25 million to the company in April 2026.¹²
• Unusual Machines and other unnamed strategic and institutional investors also participated.¹
• The money will expand manufacturing at Fortem's Lindon, Utah facility and scale global deployment of its SkyDome radar, command-and-control software, and DroneHunter interceptor systems.¹
• The round follows Fortem's selection in August as prime contractor on a five-year, $1.011 billion-ceiling DHS counter-UAS contract, plus a 2026 FIFA World Cup security order and a U.S. Army installation-protection contract.¹

Fortem Technologies has closed a $50 million Series B financing round led by Lockheed Martin, aimed at expanding manufacturing and global deployment of its counter-drone systems.¹² Lockheed Martin had already committed $25 million to Fortem in an initial investment announced in April 2026; Unusual Machines and other unnamed strategic and institutional investors also joined the round.¹ The capital will go toward expanding manufacturing at Fortem's Lindon, Utah facility (Lockheed Martin said in April the investment would help at least double manufacturing capacity there) and toward scaling global deployment of Fortem's SkyDome Family of Systems: radar sensors, command-and-control software, and DroneHunter interceptors.¹

Charlie O'Connell, Fortem's chief business officer, said: "The threat is real, demand is here, and our technology is proven in real-world environments."¹ Stephanie C. Hill, president of Lockheed Martin Rotary and Mission Systems, said: "Our partners need counter-UAS capabilities that can move faster than the threat."¹

The round follows a run of recent wins for Fortem: an August selection as prime contractor on a five-year DHS counter-UAS contract with an initial ceiling of $1.011 billion across multiple awardees, a 2026 FIFA World Cup venue security order, and a U.S. Army installation-protection contract. In June, Fortem's R-40 radar fed Lockheed's Sanctum system to detect a Group 3 drone that was then intercepted by a JAGM missile fired from the GRIZZLY system.¹

Why it matters: Lockheed Martin doubling down on a smaller counter-drone specialist, rather than building the capability in-house, signals the primes see standing commercial counter-UAS suppliers as a faster path to meeting surging demand than internal development.