News Article | March 15, 2018
Fortem Technologies, Inc., a Pleasant Grove, UT-based developer of airspace awareness and intelligence solutions, closed a $15m Series A funding.
The round was led by DCVC (Data Collective) with participation from Boeing, and Mubadala Investment Company, as well as Manifest Growth, New Ground Ventures and founding investor Signia Venture Partners.
Led by Timothy Bean, CEO, Fortem Technologies provides a radar system for detecting airborne objects. The Fortem TrueView radar system can be deployed on an aircraft to allow customers to build safe air taxis and helicopters, as well as unmanned aerial vehicles that can operate autonomously beyond visual line of sight (BVLOS).
The system can simultaneously track thousands of objects—each smaller than a soda can, travelling at high velocity, across a 360-degree field of view. Lightweight and low power, TrueView R20 weighs 1.5 pounds and consumes less power than an LED street light.
When necessary, this airspace system can then dispatch security resources, including fleets of Fortem DroneHunters™. DroneHunters™ are fully autonomous BVLOS hunter drones, guided by the long range onboard Fortem TrueView radar system — fused with other sensors — to safely remove any drone from a no fly zone without risk to civilians.
About Fortem Technologies
Fortem Technologies is the leader in airspace security and defense for detecting and defeating dangerous drones. Through an advanced ecosystem of distributed radar, AI at-the-edge, deep sensor integration and autonomous drone capture, Fortem monitors, protects and defends the world’s cities, venues, infrastructures, military bases, and regions from dangerous or malicious drone threats. The same ecosystem is accelerating the safety of the world’s airspace for urban air mobility. Based in Pleasant Grove, Utah, the company is privately held and backed by Boeing, DCVC, Mubadala Investment Company, Signia Venture Partners, and others.