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Fortem Technologies Stock

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Valuation$300.4M1
Valuation DateApr 22, 2026
Implied Valuationn/a
Last Pricen/a
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52-Week Lown/a
YTD Returnn/a
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3-Year Returnn/a
Total Funding$103.63M2
Latest Round Amount$25M3
Latest RoundSeries B
Funding Rounds7
IPO StatusUnknown
Expected IPO Daten/a
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P/S Ration/a

About Fortem Technologies

Fortem Technologies is a counter-drone and airspace security company. Its SkyDome system combines TrueView radars, command-and-control software and autonomous DroneHunter interceptor drones that capture hostile drones in the air. The company makes money by selling these radars, interceptors and software to military, government and commercial customers. It is the only company authorized to deploy a drone-on-drone kinetic interceptor in US airspace. Its systems have been used in operational deployments in Ukraine, the Middle East and East Asia. Fortem is backed by Lockheed Martin, which invested $25 million in the company in April 2026 as part of a broader counter-drone partnership.

Founded 2016
Country United States
CEO Jon Gruen
Founders Timothy Bean, Adam Robertson
Headquarters Lindon, UT

Invest in Fortem Technologies

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News

Fortem Technologies Selected as Prime Contractor on 5-Year DHS Counter-Drone IDIQ Worth More Than $1B

Fortem was named a prime contractor on a five-year DHS counter-drone contract with a starting ceiling of $1.011 billion, the only small business among seven vendors on the hardware and software track.

4 weeks ago - Fortem Technologies

Lockheed Martin Invests $25M in Fortem Technologies

Lockheed Martin invested $25 million as the initial tranche of Fortem's Series B round to scale production of SkyDome counter-drone systems and DroneHunter interceptors.

4 months ago - Fortem Technologies

Lockheed Martin invests $25M in Fortem Technologies

Lockheed Martin's $25 million investment is the initial tranche of Fortem's Series B round, aimed at scaling counter-UAS production and integrating Fortem into Lockheed's Sanctum ecosystem.

4 months ago - Lockheed Martin

Lockheed Martin Selects Fortem Technologies to Protect Critical Infrastructure from Drones

LINDON, Utah--(BUSINESS WIRE)-- #CUAS--Fortem Technologies, the global leader in airspace security, today announced a contract with Lockheed Martin to deploy autonomous counter-drone systems to protec...

Other symbols: LMT
5 months ago - Business Wire

Fortem Technologies Awarded 3-Year, $18M U.S. Army Contract for Counter-Drone Solutions

The U.S. Army awarded Fortem a three-year, $18 million contract to provide DroneHunter interceptors and field-support services at Army sites worldwide.

6 months ago - Business Wire

Toshiba Executes Strategic Alliance Agreement and Invests in Counter-Drone Security Company Fortem Technologies, Inc.

TOKYO--(BUSINESS WIRE)--Toshiba has entered into a strategic business alliance with Fortem Technologies, a US based counter-drone security company.

5 years ago - Business Wire