Lockheed Martin Ventures | Activity

Investment

Lockheed Martin Ventures participated as an existing investor in Elroy Air's PIPE upsizing to $175M, supporting the company's go-public transaction via SPAC merger with Inflection Point Acquisition Corp. VII.

Elroyair

Elroyair Lockheed Martin Ventures

elroyair.comSEP 23, 2026

SEP 23, 2026

Investment

Invested in Firestorm Labs' $47M Series A for defense AI autonomy systems.

Firestorm Labs

Firestorm Labs Lockheed Martin Ventures

washingtontechnology.com

Added recently

New Fund

Lockheed Martin authorized increase of venture capital fund capacity from $400M to $1B — the largest boost since the fund was established in 2007.

Lockheed Martin Ventures

Lockheed Martin VenturesLockheed Martin Ventures

lockheedmartin.comAPR 14, 2026

APR 14, 2026

New Fund

Lockheed Martin authorized an increase in LM Ventures fund capacity from $400M to approximately $1B, the largest boost since the fund was established in 2007.

Fund capacity expansion to $1 billion

Lockheed Martin Ventures

news.lockheedmartin.comAPR 14, 2026 washingtontechnology.com

APR 14, 2026

Investment

Made a strategic investment in Radiant Nuclear, a developer of portable mass-produced nuclear microreactors, joining an oversubscribed funding round.

Radiant Nuclear

Radiant Nuclear Lockheed Martin Ventures

radiantnuclear.comFEB 17, 2026 finance.yahoo.com

FEB 17, 2026

Investment

Led a Seed round in Perseus Materials, an advanced materials startup.

Perseus Materials

Perseus Materials Lockheed Martin Ventures

startupintros.comFEB 2026

FEB 2026

Investment

Participated in Vatn's $60M Series A alongside Airbus Ventures and other defense-focused co-investors.

Vatn Systems

Vatn Systems Lockheed Martin Ventures

startupintros.comDEC 2025

DEC 2025

Investment

Made a strategic investment in Venus Aerospace, a developer of rotating detonation rocket engine propulsion for hypersonic applications.

Venus Aerospace

Venus Aerospace Lockheed Martin Ventures

spacenews.comOCT 22, 2025 prnewswire.com

OCT 22, 2025

News

Hosted the 8th Annual Demo Day, bringing together 15 portfolio companies to engage with Lockheed Martin leaders and subject matter experts.

LM Ventures 8th Annual Demo Day 2025

Lockheed Martin Ventures

lockheedmartin.comSEP 2025

SEP 2025

Investment

Invested in mPower Technology's $24M Series B for space-grade solar cell technology.

mPower Technology

mPower Technology Lockheed Martin Ventures

washingtontechnology.comMAY 2025

MAY 2025

Investment

Co-led X-Bow Launch Systems' $35M Series B alongside Razor's Edge Ventures and entered a strategic partnership for 3D-printed solid rocket motors.

X-Bow Launch Systems

X-Bow Launch Systems Lockheed Martin Ventures

washingtontechnology.comMAY 2025

MAY 2025

Lockheed Martin Ventures Activity

Lockheed Martin Ventures participated as an existing investor in Elroy Air's PIPE upsizing to $175M, supporting the company's go-public transaction via SPAC merger with Inflection Point Acquisition Corp. VII.

Invested in Firestorm Labs' $47M Series A for defense AI autonomy systems.

Lockheed Martin authorized increase of venture capital fund capacity from $400M to $1B — the largest boost since the fund was established in 2007.

Lockheed Martin authorized an increase in LM Ventures fund capacity from $400M to approximately $1B, the largest boost since the fund was established in 2007.

Made a strategic investment in Radiant Nuclear, a developer of portable mass-produced nuclear microreactors, joining an oversubscribed funding round.

Led a Seed round in Perseus Materials, an advanced materials startup.

Participated in Vatn's $60M Series A alongside Airbus Ventures and other defense-focused co-investors.

Made a strategic investment in Venus Aerospace, a developer of rotating detonation rocket engine propulsion for hypersonic applications.

Hosted the 8th Annual Demo Day, bringing together 15 portfolio companies to engage with Lockheed Martin leaders and subject matter experts.

Invested in mPower Technology's $24M Series B for space-grade solar cell technology.

Co-led X-Bow Launch Systems' $35M Series B alongside Razor's Edge Ventures and entered a strategic partnership for 3D-printed solid rocket motors.