Lockheed Martin Ventures logo

Lockheed Martin Ventures

North America, Maryland, United States, Bethesda

Description

Lockheed Martin Ventures (LMV) serves as the corporate venture capital arm of Lockheed Martin Corporation, a global leader in aerospace, defense, and security. Established with a clear mandate, LMV's primary objective is to identify, invest in, and partner with early-stage companies developing disruptive technologies that align strategically with Lockheed Martin's core business areas. This includes innovations that can enhance existing capabilities, create new product lines, or provide a competitive edge in critical sectors such as space, aeronautics, missiles and fire control, and rotary and mission systems.

LMV's investment thesis is deeply rooted in strategic alignment, focusing on frontier technologies with strong dual-use potential, meaning they have applications in both commercial and defense markets. Key areas of interest frequently include artificial intelligence and machine learning, autonomy, quantum computing, advanced materials, hypersonics, cybersecurity, next-generation communications, and sustainable energy solutions. Beyond providing capital, LMV offers portfolio companies invaluable access to Lockheed Martin's extensive technical expertise, state-of-the-art testing facilities, and vast customer networks, accelerating technology development and market adoption within a highly specialized industry.

While investment specifics can vary based on the strategic importance and stage of the company, Lockheed Martin Ventures typically deploys first cheques ranging from $1 million to $10 million for early-stage investments, primarily from Seed to Series B rounds. This capital is often complemented by strategic partnerships and potential follow-on investments. Since its inception, LMV has built a robust portfolio, having invested in over 50 companies, demonstrating a consistent commitment to fostering innovation that supports the future needs of national security and advanced technology development.

Investor Profile

Lockheed Martin Ventures has backed more than 89 startups, with 12 new investments in the last 12 months alone. The firm has led 29 rounds, about 33% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series Unknown, Series B rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Australia.
  • Strong thematic focus on Aerospace, Manufacturing, Software.
  • Led 2 rounds in the past year.
  • Typical check size: $1M – $10M.

Stage Focus

  • Series A (26%)
  • Series Unknown (26%)
  • Series B (25%)
  • Seed (13%)
  • Series C (4%)
  • Convertible Note (2%)
  • Series D (2%)
  • Corporate Round (1%)

Country Focus

  • United States (91%)
  • United Kingdom (3%)
  • Australia (3%)
  • Switzerland (1%)
  • Canada (1%)

Industry Focus

  • Aerospace
  • Manufacturing
  • Software
  • Artificial Intelligence (Ai)
  • Information Technology
  • Robotics
  • Electronics
  • Semiconductor
  • Computer
  • Machine Learning
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Lockheed Martin Ventures frequently co-invest with?

Applied Ventures
North America, California, United States, Santa Clara
Co-Investments: 4
Spark Capital
North America, California, United States, San Francisco
Co-Investments: 5
Fontinalis Partners
North America, Michigan, United States, Detroit
Co-Investments: 4
RTX Ventures
North America, Virginia, United States, Arlington
Co-Investments: 4
Lux Capital
North America, New York, United States, New York
Co-Investments: 4
Airbus Ventures
North America, California, United States, Menlo Park
Co-Investments: 5
DCVC
North America, California, United States, San Francisco
Co-Investments: 4
Presidio Ventures
North America, California, United States, Santa Clara
Co-Investments: 4
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 8
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 8

Which angels does Lockheed Martin Ventures often collaborate with?

CU
North America, California, United States, Mountain View
Shared Deals: 1
ND
North America, United States
Shared Deals: 1
Shared Deals: 2
Shared Deals: 1
KB
North America, District of Columbia, United States, Washington
Shared Deals: 1
AW
North America, California, United States, San Francisco
Shared Deals: 1
LE
North America, New York, United States, New York
Shared Deals: 1
AH
North America, California, United States, San Francisco
Shared Deals: 1
SW
North America, California, United States, Mountain View
Shared Deals: 1
JM
North America, Texas, United States, Dallas
Shared Deals: 2

What are some of recent deals done by Lockheed Martin Ventures?

Firestorm

San Diego, California, United States

Firestorm develops AI-assisted, modular UAS platforms for adaptable and rapid remote operations.

AerospaceDronesIndustrial ManufacturingMachinery ManufacturingMilitary
Series AJul 16, 2025
Amount Raised: $35,000,000
Phoenix Semiconductor

Austin, Texas, United States

Phoenix offers clients a dependable, safe, and everlasting source for vital microelectronic parts that aren't available.

ComputerElectronicsManufacturing
SeedJun 10, 2025
Amount Raised: $5,500,000
Electra.aero

Washington, District of Columbia, United States

Electra develops hybrid-electric aircraft for sustainable urban and regional air mobility.

AerospaceAir TransportationElectric Vehicle
Series BApr 21, 2025
Amount Raised: $115,000,000
Ayar Labs

San Jose, California, United States

Ayar Labs develops optical I/O solutions for large-scale AI workloads to accelerate data movement within AI systems.

ComputerHardwareInformation TechnologySemiconductor
Series DDec 11, 2024
Amount Raised: $155,000,000
SatVu

London, England, United Kingdom

SatVu - An Earth Observation and satellite imagery analytics company deriving insights into economic activity

AerospaceAnalyticsGeospatial
Series UnknownNov 27, 2024
Amount Raised: $12,677,228
Inversion

Los Angeles, California, United States

Inversion builds space capsules to return cargo back to Earth for the commercial, civil, and defense industries.

AerospaceSpace TravelTransportation
Series ANov 20, 2024
Amount Raised: $44,000,000
Vatn Systems

Portsmouth, New Hampshire, United States

Vatn Systems builds affordable autonomous underwater vehicles that act in cooperative swarms.

Information TechnologyInternet
SeedNov 12, 2024
Amount Raised: $13,000,000
Phoenix Semiconductor

Austin, Texas, United States

Phoenix offers clients a dependable, safe, and everlasting source for vital microelectronic parts that aren't available.

ComputerElectronicsManufacturing
SeedOct 15, 2024
Q-CTRL

Haymarket, New South Wales, Australia

Q-CTRL is offering Advanced, intuitive and scalable quantum control engineering solutions.

Information ServicesInformation TechnologyQuantum ComputingSoftwareSoftware Engineering
Series BOct 8, 2024
Amount Raised: $59,000,000
Firestorm

San Diego, California, United States

Developing Low-Cost, Modular Unmanned Systems. Designed For Warfighters. Future-Proofed For Tomorrow.

3D PrintingAerospaceDronesGovernmentIndustrial EngineeringIndustrial ManufacturingMachinery ManufacturingMilitaryNational Security
Series AOct 3, 2024
Amount Raised: $20,000,000