Firehawk raises $60 million with Presto Tech Horizons and Czechoslovak Group to boost defence supply

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.

 

Firehawk develops advanced energetics and propulsion technologies, pioneering the first scalable use of 3D printing for propellant and solid rocket motors. This approach enables faster, safer, and more flexible production compared with traditional casting methods, reducing per-unit production times by over 99 per cent.

The investment aims to strengthen Europe’s ability to source critical munitions elements locally, enhancing NATO and allied defence resilience. The partnership is described as a bridge between innovation and industry, supporting the rapid deployment of Firehawk’s technology across allied defence industrial bases.

 

 

“The conflict in Ukraine proves that while drones give warfighters a decisive edge, munitions like missiles and rockets are the core of combat power,” says Will Edwards, CEO of Firehawk. “A supply chain is only as strong as its weakest link, and propellant and energetics production are the biggest constraint on missile, rocket, and artillery manufacturing. Enabling the European defence industry to also produce these weapons quickly and at scale is the core of Firehawk’s mission. We’re proud to partner with Presto Tech Horizons and CSG to help bolster the European energetics supply chain and ensure our allies can fuel the production of key defence equipment.”

Michal Strnad, Chairman of the Board and owner of CSG, stated: “The current geopolitical situation underscores the need to invest in innovative defense technologies. Firehawk can play a crucial role in the future of not only rocket propulsion, but also ammunition production. This innovative project can strengthen cooperation between leaders of the American and European defense industries.”

 

 

Matej Luhovy, Partner at Presto Tech Horizons, added: “Since the early 2010s, scientists and engineers have explored 3D printing as a way to unlock faster, safer, and more flexible solid propellant production. Firehawk is the first to truly deliver on that promise. They combine rapid manufacturing with complex grain designs that were once impossible, improving performance while enabling distributed production at scale. Firehawk’s technology doesn’t just speed up how propellants are made – it fundamentally reshapes the supply chain for missiles and rockets. That’s why this partnership is so important for Europe’s defense resilience.”

Presto Tech Horizons joined the round as the only European investor, helping bring Firehawk’s technology closer to allied users across Europe. Other participants included Draper Associates, Decisive Point, Stellar Ventures, and additional venture capital firms.

 

 

Tags:

Related news & articles

Latest news

Featured