# Fortem raises $50 million with Lockheed Martin participating

_Published Friday, October 2, 2026 at 2:05 PM EDT · Robotics, Capital · Latest · Tier 2 — Notable_

Counter-drone company Fortem has raised $50 million in Series B funding, with Lockheed Martin participating, Bloomberg reported. Fortem is seeking to expand manufacturing and bookings rapidly. CEO Jon Gruen said its relationship with Lockheed has developed from venture investment into deploying technology together, and discussed experience operating in active conflict zones.

## Sources

- [Bloomberg Technology](https://www.bloomberg.com/news/videos/2026-10-02/lockheed-backs-fortem-s-counter-drone-push-video)

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Canonical: https://techandbusiness.org/newswire/YPSkAaGS1j6z9SD0kLPiQa
Published: 2026-10-02T18:05:34.261Z
Story chronology: 2026-10-02T17:33:42.000Z
Retrieved: 2026-10-02T20:53:34.525Z
Publisher: Tech & Business (techandbusiness.org)
