Lockheed Martin authorises increase to venture capital fund up to US$1 billion
Lockheed Martin announced it is increasing the capacity of its venture capital fund, Lockheed Martin Ventures, from US$400 million (€340 million) to US$1 billion (€850 million), the largest boost in investment since the fund was established in 2007.
Lockheed Martin will use the increase over future periods to mature critical technologies for national security, helping accelerate the most promising technologies from R&D to availability in the defence industrial base.
“Our venture capital investments are a critical part of our overall strategy to develop and integrate the best technologies for national security now and in the future,” said Evan Scott, CFO, Lockheed Martin. “Our investments help create a pipeline of cutting-edge technologies that create a resilient industrial base, drive growth, and ultimately help the United States and its allies deter the most pressing emerging threats.”
For nearly 20 years, Lockheed Martin Ventures has helped fund companies with promising technologies that complement Lockheed Martin’s leading national security capabilities and help advance solutions to best meet customer mission needs in the future.
This approach has helped accelerate technologies across a wide range of pioneering research, including quantum computing, autonomy, AI, directed energy, advanced materials, microelectronics and more. As new capabilities transition into the defence industrial base, they open new possibilities for mission success with greater efficiency, better cost effectiveness, and stronger threat deterrence.
Cover photo: Lockheed Martin
