
Fortem Technologies
Detect all drone activity, secure your airspace and protect against attack from malicious or nefarious drones.
Date | Investors | Amount | Round |
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- | investor investor investor | €0.0 | round |
investor investor | €0.0 | round | |
investor investor investor investor investor investor investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 Valuation: €0.0 5.2x EV/Revenue | round | |
investor investor investor investor investor investor | €0.0 | round | |
* | $10.0m Valuation: $89.0m | Late VC | |
Total Funding | 000k |
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | - | 2 % | 4 % | 96 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Fortem Technologies, established in 2016, operates at the forefront of the airspace security and defense market, providing solutions to detect and neutralize unauthorized drones. The company was co-founded by Adam Robertson and Timothy Bean. Robertson, the Chief Technology Officer, has an extensive background in miniature radar technology, semiconductors, and aerospace instrumentation from his time at companies like Intel and Honeywell. His partner, Bean, brought over two decades of experience in software engineering and building technology startups. Their combined expertise—Robertson's hardware and radar acumen with Bean's large-scale software platform background—formed the company's foundation.
The firm's business is centered on an end-to-end Counter-Unmanned Aerial System (C-UAS) that serves military, government, and commercial clients. Its clients include the US Department of Defense, entities in Ukraine, and organizers of major events like the FIFA World Cup and the US Presidential Inauguration. Fortem generates revenue by selling its integrated hardware and software solutions designed to protect critical infrastructure, venues, cities, and borders from aerial threats. The company has secured significant funding, raising a total of $79.3M, with notable investors including Lockheed Martin, Boeing, Toshiba, and DCVC.
Fortem's core offering is the SkyDome® System, which provides comprehensive airspace awareness. This system integrates three main components: TrueView® radar, SkyDome® Manager software, and the DroneHunter® interceptor drone. TrueView® is a compact, AI-powered radar that detects and classifies airborne objects. The SkyDome® Manager software acts as a command-and-control platform, using AI to process data from a distributed network of radars and other sensors, providing operators with a 3D view of the airspace and threat assessment. The system's mitigation component is the DroneHunter®, an autonomous interceptor drone that is guided by radar to capture and remove rogue drones using nets. This kinetic, low-collateral damage approach allows it to be the only drone-on-drone interceptor authorized for use in U.S. airspace. The company has recently expanded its production capacity significantly by moving to a new 51,000-square-foot headquarters in Lindon, Utah, to meet rising global demand.
Keywords: counter-drone, C-UAS, airspace security, drone detection, radar systems, autonomous interceptor, DroneHunter, SkyDome, TrueView radar, airspace awareness, unmanned aerial systems, anti-drone technology, physical drone mitigation, kinetic interception, AI at the Edge, drone defense, urban air mobility safety, perimeter security, critical infrastructure protection, military drone defense