09/04/2024 | Press release | Distributed by Public on 09/04/2024 11:15
Lockheed Martin Ventures Hosts its 7th Annual Demo Day
As global threats rapidly evolve, Lockheed Martin Ventures is making investments in cutting edge technologies across 14 key focus areas to strengthen defense industrial base resiliency and drive a new era of innovation to support the national security needs of the U.S. and its allies.
The Lockheed Martin Ventures fund doubled in 2022, reflecting a broader trend in the tech investment landscape as startups increasingly capture a substantial share of technology funding in the U.S. and beyond. Lockheed Martin Ventures recognizes the growth of the tech investment landscape and the importance of collaborating with these tech pioneers in order to bolster technology portfolios and industry leadership.
In support of these key investments, Lockheed Martin Ventures recently hosted its 7th annual Demo Day, where 13 portfolio companies and additional cutting-edge startups engaged with numerous Lockheed Martin and select government representatives in lively sessions of collaboration and learning.
The two-day event showcased Lockheed Martin Ventures' commitment to building partnerships and developing innovative solutions that will define the future of our industry and drive the next big ideas. Furthermore, this year's engagements showcased Lockheed Martin Ventures' commitment to advancing attributable autonomy, advanced communications, earth observation and advanced manufacturing.
The participating portfolio companies included:
"Lockheed Martin Ventures is dedicated to investing in the next generation of groundbreaking technologies," said Chris Moran, Vice President and General Manager of Lockheed Martin Ventures. "Demo Day was an incredible opportunity for our portfolio companies to showcase their innovations, collaborate with Lockheed Martin and select government representatives and identify opportunities to integrate technologies."
Demo Day underscored the importance of investing in emerging technologies that have the potential to transform industries and enable new capabilities. By fostering a culture of innovation and collaboration with startups, we are shaping the future of technology and national security.
For more information about Lockheed Martin Ventures and its portfolio companies, visit our website here.