The fund has also invested in Helicity Space, which is developing fusion propulsion engines that enable efficient travel into deep space as well as other technology. Perseus Materials has also received investment, which makes a manufacturing system for large-scale composite parts.
Superbrewed Foods, a microbial protein company, is also on the list.
Over the past two years, 25 companies have been added to the portfolio.
A critical part of Lockheed Martin’s strategy
According to BBC News, US President Donald Trump has called for US defence spending to be increased to US$1.5tn in 2027, 50% higher than the 2026 budget.
Lockheed Martin has billions in contracts with the US Government, mostly centred on space, defence and weapons capabilities, such as the recently announced US$1.9bn to continue the C-130J Maintenance and Aircrew Training System program which was awarded by the Pentagon.
The companies that Lockheed invests in as part of its fund form a part of its wider strategy. More than 60 companies have matured to become suppliers to Lockheed Martin, receiving more than US$750m in contracts from the company.
Evan Scott, CFO of Lockheed Martin, says: “Our venture capital investments are a critical part of our overall strategy to develop and integrate the best technologies for national security now and in the future.
