Lockheed Martin strengthens its investment in critical technologies to support the defense industry base and anticipate emerging threats.
The American group has announced the increase of its Lockheed Martin Ventures fund from 400 million USD to 1 billion USD, marking a 250% increase, the largest since its creation in 2007. This fund will be gradually deployed to accelerate the development of strategic technologies from research and development to operational applications.
The fund aims to support key areas such as artificial intelligence, quantum computing, autonomy, advanced materials, and microelectronics. Evan Scott, the CFO, stated that “these investments fuel a pipeline of cutting-edge technologies and contribute to a resilient industrial base.”
Since its inception, Lockheed Martin Ventures has invested over 500 million USD in more than 120 companies, with over 60 becoming suppliers to the group, generating more than 750 million USD in contracts. In the past two years, 25 new companies have joined the portfolio.
