Lockheed Martin today announced it is increasing the capacity of its venture capital fund, Lockheed Martin Ventures, from $400 million to $1 billion—an increase of 250% and the largest boost in investment since the fund was established in 2007. Lockheed Martin will use the increase over future periods to mature critical technologies for national security, helping accelerate the most promising technologies from R&D to availability in 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, CFO, Lockheed Martin. "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."

Why it Matters

For nearly 20 years, Lockheed Martin Ventures has helped fund companies with promising technologies that complement Lockheed Martin's leading national security capabilities and help advance solutions to best meet customer mission needs in the future.

This approach has helped accelerate technologies across a wide range of pioneering research, including quantum computing, autonomy, AI, directed energy, advanced materials, microelectronics and more. As new capabilities transition into the Defense Industrial Base, they open new possibilities for mission success with greater efficiency, better cost effectiveness, and stronger threat deterrence.

Facts and Figures

- Founded in 2007 with initial funding of $100 million

- Lockheed Martin Ventures has invested more than $500 million in more than 120 companies.

- More than 60 companies have matured to become suppliers to Lockheed Martin, receiving more than $750 million in contracts from the company.

- Over the past two years, 25 companies have been added to the portfolio.

- Lockheed Martin Ventures is one of the most active and longest continuously operated Aerospace and Defense Corporate Venture Capital firms in the United States.

What's Next

This August, the fund will host its 9th annual Demo Day at Lockheed Martin's headquarters, showcasing portfolio companies and new start-ups driving a new era of innovation for aerospace and defense. At the most recent Demo Day, 15 portfolio companies engaged with numerous Lockheed Martin leaders and subject matter experts in lively sessions of collaboration and learning.