The company said the additional investment will be deployed over time to mature critical technologies for national security. The aim is to accelerate the transition of promising innovations from research and development into the Defense Industrial Base.
“Our venture capital investments are a critical part of our overall strategy to develop and integrate the best technologies for national security now and in the future,” said Evan Scott. “Our investments help create a pipeline of cutting-edge technologies that create a resilient industrial base, drive growth, and ultimately help the United States and its allies deter the most pressing emerging threats.”
Lockheed Martin Ventures has operated for nearly two decades, supporting companies developing technologies aligned with the company’s national security priorities. Its investment focus has included areas such as quantum computing, autonomy, artificial intelligence, directed energy, advanced materials and microelectronics.
The company said this approach has helped bring new capabilities into the Defense Industrial Base, improving efficiency, cost effectiveness and deterrence. As technologies mature, they are intended to support evolving mission requirements and operational needs.
Since its founding with $100 million in initial funding, the venture unit has invested more than $500 million in over 120 companies. More than 60 of those firms have become suppliers to Lockheed Martin, receiving over $750 million in contracts.
In the past two years, the portfolio has expanded with the addition of 25 companies. Lockheed Martin Ventures is described by the company as one of the most active and longest continuously operating aerospace and defense corporate venture capital firms in the United States.
The fund is set to host its ninth annual Demo Day in August at Lockheed Martin’s headquarters. The event will showcase portfolio companies and emerging startups, following a previous session where 15 companies engaged with company leaders and technical experts.
Lockheed Martin said its venture arm provides more than financial backing, offering portfolio companies access to engineering expertise, advanced technologies and research capabilities. The initiative is intended to support innovation across both established and emerging segments of the national security market.
