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    Lockheed Martin Ventures

    Bethesda, Maryland, United StatesFounded 2007
    www.lockheedmartin.com/en-us/who-we-are/lockheed-martin-ventures.htmlLinkedIn
    Defense & SpaceAICybersecurityHardware & SemiconductorsData & Analytics

    Lockheed Martin Ventures is the strategic venture investment arm of Lockheed Martin, focused on identifying and accelerating deep-tech pioneers and dual-use technologies in defense, aerospace, AI, cybersecurity, and space. Since its inception in 2007, it has partnered with more than 120 high-impact companies through its $1 billion evergreen fund.

    Deal activity decreased year-over-year (11 deals in the last 12 months vs 17 prior). Their most common stage is series-a (41% of deals). Average disclosed round size is $40.1M (across 102 rounds with reported amounts).

    Find people at Lockheed Martin Ventures on Goldilocks AI

    Portfolio

    77

    Fund Size

    $1B

    Top Stage

    Series A

    Last 12 Mo

    11

    Team

    Jeff Cunningham

    Jeff Cunningham

    Investment Director

    Rathik Patel

    Rathik Patel

    Portfolio Director

    Sam Stonberg

    Sam Stonberg

    Investment Director, Europe

    Chris Moran

    Chris Moran

    Vice President and General Manager

    Andrés Blanco

    Andrés Blanco

    Senior Investment Associate

    Kaija Gisolfi-McCready

    Kaija Gisolfi-McCready

    Investment Associate

    Avinash Parampalli

    Avinash Parampalli

    Investment Analyst

    Harrison Dal Ponte

    Harrison Dal Ponte

    Investment Analyst

    Zachary Chow

    Zachary Chow

    Investment Analyst

    Carter Callaway

    Carter Callaway

    Investment Manager

    Gopal Rajaraman

    Gopal Rajaraman

    Senior Investment Manager

    John Richmond

    John Richmond

    Senior Investment Manager

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    122 investments
    CompanyRoundAmountDate
    HHavocSeries A$100MMay 2026
    ANELLO Photonics logoANELLO PhotonicsUnknown$25MMay 2026
    Satellite Vu logoSatellite VuUnknown$40MFeb 2026
    Machina Labs logoMachina LabsSeries C—Feb 2026
    Cambium logoCambiumSeries B$100MJan 2026
    CCambium BiomaterialsSeries B$100MJan 2026
    SatVu logoSatVuUnknown—Jan 2026
    Firestorm Labs logoFirestorm LabsSeries B$82MJan 2026
    Vatn Systems logoVatn SystemsSeries A$60MDec 2025
    Venus Aerospace logoVenus AerospaceUnknown—Oct 2025
    Launchpad logoLaunchpadSeries A$11MOct 2025
    LLaunchpad Build AISeries A$11MOct 2025
    HavocAI logoHavocAISeries C$85MOct 2025
    Firestorm Labs logoFirestorm LabsSeries A$47MJul 2025
    Xona logoXonaSeries B$92MJun 2025
    Phoenix Semiconductor logoPhoenix SemiconductorSeed$5.5MJun 2025
    Q5D logoQ5DSeries A$10.9MJun 2025
    Nooks logoNooksSeries A$25MJun 2025
    Nooks Works logoNooks WorksSeries A$25MJun 2025
    X-Bow logoX-BowSeries B$105MMay 2025
    Mpower Technology logoMpower TechnologySeries B$21MMay 2025
    Electra logoElectraSeries B$186MApr 2025
    Electra.aero logoElectra.aeroSeries B$115MApr 2025
    Elroy Air logoElroy AirUnknown—Jan 2025
    Meteomatics logoMeteomaticsSeries C$22MJan 2025
    Page 1 of 5

    Top Co-Investors

    In-Q-Tel16 shared
    Intel Capital11 shared
    Veteran Ventures Capital8 shared
    Spark Capital8 shared
    Airbus Ventures7 shared
    Paladin Capital Group7 shared
    SAIC Capital6 shared
    DCVC6 shared
    Valor Equity Partners6 shared
    8VC6 shared
    One Madison Group6 shared
    Cambium Capital6 shared
    Blackhorn Ventures6 shared
    Razor's Edge Ventures5 shared
    Lux Capital5 shared
    Founders Fund5 shared
    Shield Capital5 shared
    Catapult Ventures5 shared
    IronGate Capital Advisors5 shared
    Y Combinator5 shared

    Last updated: 7 October 2026