Firehawk Aerospace receives strategic investment from Hanwha Defense USA to advance rocket propulsion

By Defence Industry Europe

Firehawk Aerospace has secured an oversubscribed $60 million investment round led by 1789 Capital, which includes partners such as Donald Trump Jr. The American defence technology company also welcomed Presto Tech Horizons, created by Presto Ventures and Czechoslovak Group (CSG), as a strategic European investor.
Photo: Firehawk Aerospace.

Dallas-based defence company Firehawk Aerospace has received a strategic investment from Hanwha Defense USA, a subsidiary of Hanwha Aerospace, to accelerate its work on next-generation propulsion systems. The partnership aims to push forward the development and production of solid rocket motors using Firehawk’s patented additive manufacturing process.

 

The funding will support full-rate production of 3D-printed propellants, enhanced rocket motor development, and delivery of integrated missile systems. These technologies are designed to strengthen national defence capabilities while addressing supply chain vulnerabilities within the energetics sector.

“This investment from Hanwha supports our mission of bringing solid rocket motor technology into the 21st century to address the challenges of the current industrial supply base and provide the warfighter with a decisive advantage,” said Will Edwards, CEO of Firehawk. “Leveraging additive manufacturing, at scale, eliminates many of the constraints associated with traditional propellant production and enables us to make a high-performing, tailored munition faster, safer, and more cost-effective in a smaller footprint.”

 

 

Mike Smith, President of Hanwha Defense USA, emphasised the strategic importance of the partnership, stating: “Hanwha is developing strategic partnerships and making strategic investments in U.S. defence companies such as Firehawk, which is at the forefront of energetics and propulsion technology. Firehawk’s transformative approach to propulsion production redefines what is possible within the industry while directly addressing U.S. supply chain challenges and modernizing our military.”

This latest announcement follows a previous investment from Presto Tech Horizons (PTH), a dual-use defence fund created through a partnership between European firm Presto Ventures and Czech industrial group Czechoslovak Group (CSG).

 

 

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