Lockheed Martin Boosts Venture Fund by 250% to $1B for Defense Tech
Lockheed Martin has raised its venture capital fund capacity from $400 million to $1 billion, representing a 250% increase and the largest boost since its 2007 inception. The expanded fund will accelerate development of critical defense technologies across AI, quantum computing and advanced materials to strengthen the industrial base.
1. Fund Expansion Details
Lockheed Martin Ventures will increase its investment capacity from $400 million to $1 billion, marking a 250% rise and the largest funding boost since the fund launched in 2007.
2. Strategic Investment Areas
The expanded capital will target quantum computing, autonomy, artificial intelligence, directed energy, advanced materials and microelectronics to accelerate R&D transitions into the Defense Industrial Base.
3. Portfolio Track Record
Since 2007, the fund has invested over $500 million in more than 120 startups, with over 60 companies maturing into Lockheed Martin suppliers and securing upwards of $750 million in contracts.
4. Future Outlook
An annual Demo Day in August will showcase portfolio innovations and new startups, fostering deeper collaboration with Lockheed Martin engineering teams and leadership to fast-track emerging technologies.