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Picogrid Stock

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Valuation$299.3M1
Valuation DateMay 29, 2026
Implied Valuationn/a
Last Pricen/a
52-Week Highn/a
52-Week Lown/a
YTD Returnn/a
1-Year Returnn/a
3-Year Returnn/a
Total Funding$57.03M2
Latest Round Amount$45M3
Latest RoundSeries A
Funding Rounds2
IPO StatusUnknown
Expected IPO Daten/a
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About Picogrid

Picogrid is a defense technology company that builds an open integration layer for military systems. Its core product is Legion, an API-first software platform that connects sensors, drones, radars, robotics and command-and-control tools from different vendors into a single operational network. The company also makes rugged edge hardware, including Lander, Helios and Portal, which provides power, compute and connectivity for running Legion in the field. Picogrid makes money through US military contracts and a partner ecosystem of more than 100 defense systems from vendors such as Skydio, Northrop Grumman and Echodyne. Its technology is deployed with US forces, allied militaries and in Ukraine.

Categories Defense
Founded 2020
Country United States
CEO Zane Mountcastle
Founders Zane Mountcastle, Martin Slosarik
Headquarters El Segundo, CA

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News

Picogrid Selected to Support Maven Across NATO

Picogrid was selected for NATO's Decision Superiority Warfighter Challenge to connect tactical-edge sensors into the Alliance's Maven Smart System.

7 weeks ago - Picogrid

Picogrid Demonstrates Rapid Defense Integration Across Four Major Army Exercises

Picogrid participated in four U.S. Army and joint exercises in under two months, connecting radars, effectors, and drones through its Legion integration software.

2 months ago - Picogrid

Picogrid Series A: Defense Tech Startup Raises $45M

Los Angeles Times reported Picogrid's $45 million Series A led by Bessemer, with Washington Harbour and GSBackers joining existing defense-tech investors.

2 months ago - Los Angeles Times

Picogrid Secures $45M as Military Seeks to Link Drones, Sensors and AI Systems

Picogrid's May 2026 Series A will help U.S. and allied forces integrate autonomous systems as demand rises for counter-drone and battlefield connectivity platforms.

3 months ago - citybiz

Picogrid Raises $45M Series A to Build the Open Integration Layer for Modern Defense

Picogrid closed a $45 million Series A led by Bessemer Venture Partners, with Washington Harbour and GSBackers joining existing investors. The funding will expand its product family and scale deployme...

3 months ago - Picogrid

Picogrid Awarded XVIII Airborne Corps Contract to Accelerate Integration of Battlefield Systems

Picogrid won an Army contract to deploy Legion and expeditionary C2 nodes for XVIII Airborne Corps, focusing on faster counter-UAS integration and field experimentation.

4 months ago - Picogrid

Picogrid wins $9M Air Force contract for counter-drone software written by AI

Picogrid won a $9.3 million SBIR Phase III contract, its largest to date, to connect disparate counter-drone systems and other defenses at selected Air Force bases using AI-written integration modules...

7 months ago - Breaking Defense

Picogrid Collaborates with 1st Cavalry Division to Advance Integrated Counter-Drone Defense for U.S. Army

During NTC rotation 26-02 at Fort Irwin, Picogrid integrated five sensor products from DroneShield, R2 Wireless, Squarehead, Echodyne and CHAOS Industries through its Legion platform, fusing drone det...

7 months ago - PRWeb

Picogrid integrates 'universal translator' for stovepiped systems into Palantir's Maven

Picogrid integrated its Legion software into Palantir's Maven Smart System, creating a live data path from field-deployed sensors and drones into the military AI platform. The link was validated at th...

11 months ago - Breaking Defense

Picogrid Collaborating with Northrop Grumman for Military Software Modernization

Picogrid announced a collaboration with Northrop Grumman to integrate its Legion software into the AiON counter-drone command-and-control system in support of US air defense modernization.

11 months ago - PRWeb

Picogrid Secures $3.2M Air Force Program for Unmanned Systems Integration

Picogrid announced a $3.2 million Air Force program under which its Legion platform will unify data from drones, sensors and robotics into a real-time view of the battlefield, feeding tactical tools a...

12 months ago - PRWeb

Picogrid Partners with Skydio for Critical Military Missions

Picogrid partnered with drone maker Skydio, combining Skydio's autonomous drones with the Legion integration platform. Legion can automatically dispatch Skydio drones in response to threats detected b...

1 year ago - PRWeb

Picogrid Adds Echodyne to Its Partner Ecosystem

Picogrid announced an integration with radar maker Echodyne, making data from EchoGuard radars available to customers of its Legion platform for base defense, ISR and counter-UAS missions.

1 year ago - Picogrid

Picogrid Wins $2.7M Next-Gen Command and Control Program

Picogrid won a $2.7 million US Air Force award to modernize command and control at the Barry M. Goldwater Range, deploying an interoperable network of sensor nodes connected through its Legion softwar...

1 year ago - PRWeb

Picogrid scores new funding to connect the military's stovepipe systems

Picogrid raised a $12 million seed round led by Initialized Capital to scale its platform for integrating military sensors, drones and weapons systems. At the time the company had over forty hardware ...

2 years ago - TechCrunch