Fortem Technologies said it closed a $50 million Series B round led by Lockheed Martin, according to DroneLife on September 30, 2026 and a Fortem press release published October 5, 2026 with a Lindon, Utah dateline. Unusual Machines and unnamed strategic and institutional investors also took part. Lockheed Martin announced a $25 million initial investment in April; neither source says whether that sum is part of the $50 million.

What the money is for

Fortem says the funds will accelerate manufacturing at its Lindon facility, expand global deployment of its SkyDome Family of Systems and scale production to meet demand for counter-drone systems. In April, Lockheed Martin said its investment would let Fortem “at least double manufacturing capacity in Utah,” DroneLife reported. Neither source gives a baseline, unit counts or output rates.

The products, as Fortem describes them

  • SkyDome Family of Systems: TrueView radar sensors, AI-based command-and-control software and DroneHunter autonomous interceptors in one layered system that identifies and neutralizes airborne threats. The sources give no technical specifications.
  • DroneHunter: Fortem says it is the only company authorized to deploy a drone-on-drone kinetic interceptor in US airspace. This is a company claim, and the release does not name the authorizing body.
  • Fortem says its technology has been validated in operational deployments in Ukraine, the Middle East and East Asia, without naming customers.

Contracts and tests the company cites

  • US Army: a contract to defend installations worldwide. Neither source gives a value, term or scope.
  • FIFA World Cup 2026: a “multimillion-dollar” order to protect venues, with no exact figure.
  • Department of Homeland Security: Fortem was named in August as a prime contractor on a five-year counter-UAS contract and says it is the only small business chosen for that role; DroneLife says seven companies were selected for Track 1. The release gives an estimated starting ceiling of “$1.011 billion.” DroneLife notes that this is a ceiling on a multiple-award contract vehicle, not an award to Fortem, and that task orders are issued separately.
  • Lockheed Martin test in June: according to DroneLife, Fortem R-40 radars working with Lockheed’s Sanctum architecture detected and tracked a Group 3 one-way attack drone, which a JAGM missile launched from Lockheed’s GRIZZLY system then intercepted. The interceptor in that test was a Lockheed-launched missile, not a DroneHunter.

What was said

Charlie O’Connell, Fortem’s chief business officer, said “The threat is real, demand is here” and that “our technology is proven in real-world environments.” Stephanie C. Hill, president of Lockheed Martin Rotary and Mission Systems, said “That’s why we’re investing ahead of the need.”

Not stated

Neither source gives a valuation, the dollar value of the Army and World Cup contracts, or how the $50 million is split among investors. An “$18 million” Army contract figure appeared in a search-result summary of other coverage; it is not in either source Lens read, and Lens did not use it.

Related: Lens’s overview of drone-interceptor startups.

Sources and notes

Sources: DroneLife, September 30, 2026; Fortem press release via Utah Business, October 5, 2026. Notes: the release is the company’s own and its claims are self-reported. Lens did not read the Defense Daily or TectonicDefense coverage of the round. Thumbnail photo: a soldier operating an AN/MPQ-64 Sentinel radar during Project Flytrap at Hohenfels, Germany, June 6, 2025, U.S. Army photo by Pfc. Brent Lee, public domain, via Wikimedia Commons; cropped. Illustrative stand-in: it shows a US Army radar, not a Fortem system.

Image: U.S. Army photo by Pfc. Brent Lee (public domain), via Wikimedia Commons.