Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Lockheed Backs Fortem’s Counter-Drone Push
Business & Finance

Lockheed Backs Fortem’s Counter-Drone Push

Bloomberg Technology Friday 02 October 2026, 17:33 UTC 1 min read
Key Points

Fortem has raised $50 million in Series B funding, with Lockheed Martin participating as the counter-drone company looks to rapidly expand manufacturing and bookings. CEO Jon Gruen discusses how the partnership with Lockheed has evolved from venture investment to deploying technology together, and lessons learned from operating in active conflict zones. He joins Ed Ludlow on "Bloomberg Tech."

Fortem has raised $50 million in Series B funding, with Lockheed Martin participating as the counter-drone company looks to rapidly expand manufacturing and bookings. CEO Jon Gruen discusses how the partnership with Lockheed has evolved from venture investment to deploying technology together, and lessons learned from operating in active conflict zones. He joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Lockheed Backs (ORG) Fortem (ORG) Push Fortem (PERSON) Lockheed Martin (ORG) Jon Gruen (PERSON) Lockheed (ORG) Ed Ludlow (PERSON) Bloomberg Tech (ORG)
Originally published by Bloomberg Technology Read original →

Related Stories

Need To Think More About Fixed Income: Slok

Torsten Slok, chief economist at Apollo, joins Scarlet Fu an Tom Keene on "Bloomberg Money." They discuss economic tailwinds, inflation, the bond market, AI, and private markets.

Bloomberg Markets 13m ago

Bond Yields Are 'Juicy,' Says Apollo's Slok

Torsten Slok, chief economist at Apollo, joins Scarlet Fu an Tom Keene on "Bloomberg Money." He says the yields you can get now in fixed income are "juicy."

Bloomberg Markets 27m ago

Friday's rally in the S&P 500 might not be enough, but Linde is out of this world

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500 is on pace for a positive Friday — but lower for the week. There was a bigger stock rally earlier in the session as oil prices fell in reaction to the G7 releasing up to 100 million barrels of diesel and crude, and bond yields dropped on a softer-than-expected September nonfarm payrolls growth.

CNBC 44m ago

Indian Pilot Recalls FlyDubai Cockpit Attack

The Flydubai pilot who was attacked earlier this week on a flight between Dubai and Tel Aviv spoke with Indian Prime Minister Narendra Modi by phone about the incident (translation via AP) (Source: Bloomberg)

Bloomberg Markets 44m ago