Lockheed Martin

Dealroom: defense giants such as Lockheed Martin have participated in a record $4.1B worth of VC rounds YTD, as drones and autonomous systems transform warfare

As drones and autonomous systems transform the battlefield, traditional defence companies start to act more like venture capitalists

London-based CloudNC, which seeks to automate manufacturing using AI, raised a $45M Series B led by Autodesk; other backers included Lockheed Martin and Atomico

Elroy Air, which is building autonomous drones to transport cargo over long distances, raises $40M Series A from Lockheed Martin and others

Elroy Air has raised a $40 million Series A, including financing from Lockheed Martin's venture capital arm, to ramp up the build …