Fortem Technologies
PrivateLast Round
Series B
Sep 30, 2026
Total Funding Raised
$127.8M
Momentum
Top 5%
of companies Caplight tracks
Company Overview
Fortem Technologies operates in Frontier & Industrial Tech and is based in Lindon, Utah. Its latest recorded funding round was a Series B round in September 2026.
Fortem Technologies is an aerospace and defense company that provides an airspace security and defense platform for detecting and defeating dangerous drones.
Sector
Frontier & Industrial Tech
Verticals
Defense Tech, Drones & UAVs, Aviation & Drones, Threat Intelligence, Sensors
Business Model
B2G
Customer Profile
Hardware + Subscription, Government Contracts, Hardware Sales, Services & Consulting
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Fortem Technologies Comparables
Compare Fortem Technologies with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Advanced Protection Systems S.A. | 88% | |
| Sensofusion | 87% | |
| PowerUs | 85% |
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Fortem Technologies Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Sep 30, 2026 | ||||
| Debt | Nov 13, 2024 | ||||
| Series B | Feb 21, 2023 | ||||
| Strategic | Mar 22, 2021 | ||||
| Series A Extension | Jun 13, 2019 | ||||
Series A | Mar 14, 2018 |
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Key People
Founding team and executive leadership
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Fortem Technologies Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| New Ground Ventures | Series A |
| Lockheed Martin Ventures | Series B |
| Manifest Investment Partners | Series A |
| Mubadala Capital | Series A Extension |
| Lago Innovation Fund | Debt |
| Mubadala Investment Company | Series A, Series B |
| New Ground Ventures | Series A |
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Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 11, 2026
Monthly visitors grew 84% MoM, reaching 19.8K.
- Apr 22, 2026
Will double manufacturing capacity and create new jobs in Utah.
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Recent news
Latest coverage and updates
- hiresOct 16, 2026
Fortem Technologies hires Quinn as a senior vice president in 2021 after Quinn serves 23 years with the Secret Service and retires.
- partners_withOct 12, 2026
On Oct 12th '26, Fortem Technologies and Mbda Systems extend their strategic partnership, offering DroneHunter and co-developed FireThorn interceptors for counter-uncrewed aircraft systems.
- attends_eventOct 12, 2026
Fortem Technologies attends the 2026 Warsaw Security Forum as CEO Jon Gruen announces an expanded partnership with MBDA ahead of the event.
- expands_facilitiesSep 30, 2026
Fortem Technologies expanded facilities to Lindon, Utah, United States, Northern America, Americas on Sep 30th '26.
- receives_financingSep 30, 2026
Fortem Technologies closes a $50M Series B financing led by Lockheed Martin, with participation from Unusual Machines and other strategic and institutional investors, in Utah on Sep 30th '26.
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Fortem Technologies Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Fortem Technologies's valuation, stock price, and market status.
Is Fortem Technologies a public or private company?
Fortem Technologies is a private company.
What is the current stock price of Fortem Technologies?
Fortem Technologies is a private company, so its shares have no public market price. Caplight tracks Fortem Technologies's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Fortem Technologies worth (valuation)?
Valuation information for Fortem Technologies is not publicly available.
Can I buy Fortem Technologies stock?
Fortem Technologies shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Fortem Technologies's last funding round?
Fortem Technologies's most recent funding round was Series B on September 30, 2026.
Who are the main investors in Fortem Technologies?
Key investors in Fortem Technologies include Lockheed Martin Ventures, Lago Innovation Fund, Alternative Investment Management, Signia Venture Partners, DCVC (Data Collective).
Will Fortem Technologies IPO soon?
No public IPO plans have been announced for Fortem Technologies.
How can I track Fortem Technologies secondary market activity?
Caplight tracks bids, offers, and trades in Fortem Technologies's shares on secondary markets.