Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Meyer
04.24.26
Pillsbury advised Fortem Technologies, a global leader in airspace security, in connection with a $25 million investment by Lockheed Martin, a global defense technology company.
The investment represents the initial tranche of Fortem’s Series B funding round and will support the company’s efforts to scale production and expand deployment within Lockheed Martin’s Sanctum counter-unmanned aircraft system (UAS) ecosystem.
The investment also builds on the companies’ existing relationship and advances their jointly developed, integrated counter-UAS approach, which is now progressing toward broader operational deployment.
To learn more about the transaction, click here.
The Pillsbury deal team was led by Corporate partner Justin Hovey and included senior associate Kendy Chan and associate Sheetal Misra; Employment Law partner JoAnna Brooks; Finance partner Philip Tendler and counsel Olivia Lugar; International Trade partner Matthew Rabinowitz; and Intellectual Property counsel Jon Jekel.