Fortem Technologies, a Pleasant Grove, UT-based airspace safety and security tech company, raised $17.8M in funding.
The round was led by Lockheed Martin Ventures, Hanwha Aerospace, and AIM13|Crumpton Venture Partners, with participation from DCVC and Signia Venture Partners.
The company intends to use the funds to expand operations and its business reach across multiple regions and market sectors in airspace safety and security.
Led by CEO Jon Gruen, Fortem Technologies specializes in airspace awareness, security, and defense for detecting and defeating dangerous drones. Through an end to end system of distributed radar, AI at the Edge, deep sensor integration, and autonomous drone capture, Fortem monitors and defends venues, infrastructures, cities, and regions. The same system is accelerating the safety of airspace for urban air mobility.
FinSMEs
22/02/2023