About Fortem Technologies
Fortem Technologies is a company based in Provo (United States) founded in 2016. Fortem Technologies has raised $119.13 million across 7 funding rounds from investors including Lockheed Martin, Boeing and Mubadala. Fortem Technologies operates in a competitive market with competitors including Zen Technologies, Epirus, Dedrone, D-Fend Solutions and DroneShield, among others.
- Headquarter Provo, United States
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Sectors
Aerospace, Defense & Maritime
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$119.13 M (USD)
in 7 rounds
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Latest Funding Round
$25 M (USD), Series B
Apr 22, 2026
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Investors
Lockheed Martin
& 9 more
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Employee Count
Not available
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People of Fortem Technologies
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Funding Insights of Fortem Technologies
Fortem Technologies has successfully raised a total of $119.13M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in April 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Fortem Technologies
Fortem Technologies has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Lockheed Martin, Boeing and Mubadala.
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Venture capital firm focused on multiple sectors
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Early stage VC firm investing in the US
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Investor details for Fortem Technologies
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Investments & Acquisitions by Fortem Technologies
Investment portfolio details for Fortem Technologies
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Financial Statements - Fortem Technologies
Detailed financials for Fortem Technologies
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Fortem Technologies Comparisons
Peer comparison for Fortem Technologies
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Competitors of Fortem Technologies
Fortem Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zen Technologies, Epirus, Dedrone, D-Fend Solutions and DroneShield, among others.
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Live and virtual training simulations for defense are provided.
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Developer of high-power microwave systems for electronic warfare and air defense
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AI-based smart airspace security solutions are provided by Dedrone.
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Autonomous counter-drone systems are developed for perimeter security.
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AI-powered counter-drone systems are provided for unauthorized drone detection.
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Detailed competitors of Fortem Technologies
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Latest news on Fortem Technologies
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Frequently Asked Questions about Fortem Technologies
Fortem Technologies was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Fortem Technologies is headquartered in Provo, United States. It is registered at Provo, Utah, United States.
Fortem Technologies is a funded company, having raised a total of $119.13M across 7 funding rounds to date.
Fortem Technologies was founded in 2016 in Provo, United States, within the aerospace and defense sector. Counter-UAS systems and onboard radars for unmanned aerial vehicles are developed and provided. AI is integrated into the counter-UAS platform to detect and neutralize aerial threats at a distance, minimizing collateral impact. The radar systems enable 3D target detection with edge-based AI processing for real-time operations.
Fortem Technologies's top competitors include Zen Technologies, Epirus and Big Bang Boom Solutions.
Fortem Technologies has 10 investors. Key investors include Lockheed Martin, Boeing, Mubadala, Toshiba Global, and Hanwha Aerospace.