Media Coverage
Source: Daily Journal
Media Coverage
Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
05.16.17
With Pillsbury advising, Fortem Technology was able to raise $5.5 million in financing, with Data Collective and Signia Venture Partners as the lead investors. The financing will allow Fortem to continue with its development of radar that enables unmanned aircrafts to detect fast-moving aircraft up to two miles away which will help prevent them from crashing, reports the Daily Journal.
Utah-based Fortem Technologies has successfully adapted radar technology to provide companies with safe and cost-efficient drone usage. According to a release, the company has developed its own air defense system in addition to producing radar and related software systems for both unmanned and manned aircrafts.
The Pillsbury team advising Fortem was led by San Francisco Corporate partner Justin Hovey and included senior associate Deborah Carrillo and associate Caitlin Stulberg. Silicon Valley Corporate partner George Willman also advised.