Fortem Technologies Secures $50M in Series B Funding

Why the Funding Matters

Fortem will use the funding to accelerate its manufacturing capabilities at its Lindon, Utah facility.

The company will also use the capital to expand global deployment of its SkyDome Family of Systems and support growing demand for counter-drone technology.

Who founded Fortem Technologies?

Fortem Technologies was founded in 2016.

The provided information does not name the founders. The company is headquartered in Lindon, Utah.

“The participation of Lockheed Martin, Unusual Machines, and other key investors confirms Fortem’s leadership of airspace security,” said Charlie O'Connell, Chief Business Officer at Fortem Technologies. “The threat is real, demand is here, and our technology is proven in real-world environments – from the Middle East to Europe to the World Cup.

“Our partners need counter-UAS capabilities that can move faster than the threat. They need solutions they can field quickly, scale in volume and adapt rapidly. That’s why we’re investing ahead of the need. This collaboration reflects our shared commitment to delivering the right capability, at an affordable cost, and at the speed of relevance,” said Stephanie C. Hill, President, Lockheed Martin Rotary and Mission Systems.

Market and Business Growth

Fortem has secured a multimillion-dollar U.S. Department of Homeland Security contract to protect venues for the 2026 FIFA World Cup.

The company also has a U.S. Army contract to defend installations worldwide and is integrating its technology with Lockheed Martin’s Sanctum Counter-Unmanned Aerial Systems architecture.

In August, Fortem was selected by DHS as a prime contractor on a five-year C-UAS hardware and software contract. The contract has an estimated starting ceiling of $1.011 billion, with room to grow over its duration.