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Fortem Technologies

Fortem Technologies

Private
Lindon, UtahFrontier & Industrial Techhttps://fortemtech.com/

Last Round

Series B

Apr 22, 2026

Total Funding Raised

$122.3M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

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

Keywords

counter-droneC-UASairspace securitydrone detectionautonomous interceptor dronedrone mitigationdefense technologyAI-powered radaranti-drone systemkinetic mitigationcommand and control softwarecritical infrastructure protectionCounter-Unmanned Aircraft Systemnet capture

Historical Pricing

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Caplight Momentum Score

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Fortem Technologies Comparables

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Fortem Technologies comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
OpenWorks Engineering
87%
Tron Future Tech
86%
Airspace Systems
83%

Fortem Technologies Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BApr 22, 2026
DebtNov 13, 2024
DebtNov 13, 2024
DebtNov 13, 2024
DebtNov 13, 2024
Series B
Feb 21, 2023

Key People

Founding team and executive leadership

Jon Gruen

Chairman Chief Executive Officer

Executive Team

Jim Housinger

Chief Operating Officer

Executive Team

Fortem Technologies Investors

Notable investors and investment history

Fortem Technologies investors
InvestorRounds
New Ground VenturesSeries A
Lockheed Martin VenturesSeries B
Manifest Investment PartnersSeries A
Mubadala CapitalSeries A Extension
Lago Innovation FundDebt
Mubadala Investment CompanySeries A, Series B
New Ground VenturesSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 22, 2026

    Will double manufacturing capacity and create new jobs in Utah.

  • Apr 22, 2026

    $25M round completed.

Fortem Technologies Filings

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Fortem Technologies filings preview — column headings only; records require access
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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 with no public stock price. No recent secondary market data is available.

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. Visit https://www.caplight.com to learn more.

When was Fortem Technologies's last funding round?

Fortem Technologies's most recent funding round was Series B on April 22, 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 for private companies. Visit https://www.caplight.com to monitor Fortem Technologies's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersLindon, Utah
Employee Range120
Year Founded2016
Last FundingApr 22, 2026

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