Funding higher with $30.5 million for Fortem Technologies

Funding higher with $30.5 million for Fortem Technologies

Fortem Technologies Advances Counter-UAS Market with $30.5 Million Funding

Fortem Technologies, a Utah-based leader in airspace security and counter-drone defense, has secured $30.5 million in its latest funding round. This investment comes as the global counter-Unmanned Aerial System (UAS) market expands due to rising threats from unauthorized drones and increased security concerns.

Fortem's product suite includes SkyDome Manager for autonomous airspace monitoring, TrueView Radar for AI-based drone detection, and DroneHunter, an AI interceptor drone designed to capture rogue UAVs. The company's mission is to create a safer sky where commercial and defense operations can operate freely.

With this funding, Fortem plans to scale manufacturing, enhance AI target classification, and accelerate deployments in critical regions. The company's technology has already been chosen for defense operations across the U.S., Europe, and the Middle East and has received endorsements from NATO and allied defense agencies.

The recent appointment of Shane Shamblin as Senior Vice President of U.S. Sales Operations, a defense industry veteran, aims to expedite domestic growth and increase penetration of Fortem's radar-powered solutions across military, commercial, and critical infrastructure sectors. This move reflects Fortem's strategic intent to capitalize on regulatory developments and growing budgets for counter-drone technologies in North America.

As airspace threats increase in frequency and complexity, Fortem's rapid response tools are becoming increasingly important. The company's systems are in use at military installations, critical infrastructure sites, stadiums, and border zones. Fortem is well-positioned to lead the evolving counter-UAS industry due to its advanced technology and market presence.

In the broader counter-UAS market, which is projected to grow from about $2.9 billion in 2024 to over $20 billion by 2032, Fortem is a key player. North America, where Fortem is based, contributes a significant portion of the market revenue and is expected to remain dominant due to increased adoption in defense and aviation sectors.

Fortem is advancing the field of autonomous airspace protection with tested systems, global traction, and strong backing. The company's future growth plans include leveraging its radar-based AI technologies and autonomous systems to address these expanding market needs, especially in the U.S. market. With this latest funding, Fortem Technologies is poised to continue leading the way in counter-UAS technology.

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