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Exclusive: Drone-printer Firestorm eyes expansion after $47 . . . Firestorm Labs plans to move into a larger production facility, grow its fleet of airliftable xCell factories and cook up additional drone designs on the heels of a $47 million Series A Why it matters: The California-based company is 3D printing the types of weapons and tools that define the Russia-Ukraine war
Firestorm Eyes Manufacturing with $47M Series A - Tectonic . . . Well, turns out Firestorm Labs is printing a lot more than drones On Wednesday, the San Diego-based manufacturing and drone company announced it has raised a $47M Series A led by New Enterprise Associates (NEA), with participation from Lockheed Martin Ventures, Decisive Point, Washington Harbour Partners, Booz Allen Ventures, and others
Firestorm Labs raises $47M to 3D print warfare drones The new capital, rapid growth, and multiple US Department of Defense (DoD) contracts secured by Firestorm signal investor confidence and build upon the initial $12 5 million seed round These investments enable Firestorm to advance its AM platform by adding engineers, opening a larger production facility, and broadening its partnership program
Firestorm demonstrates battlefield 3D printing for US military According to the report, Firestorm manufactured three Tempest B1 platforms for Lockheed Martin’s Long-Term Autonomous Demonstration (LTAD) operations It also repaired a crashed Tempest aircraft within 72 hours using parts printed by xCell