Fortem Technologies Growth, Revenue, Number of Employees and Funding

Overview

Location:
Total Funding:$20.5M
Industry:Aviation
Founded:2016
Lead Investor(s):DCVC
Press

City Ranking

Industry Ranking

State Ranking

Growjo 10k Ranking

Estimated Revenue & Financials

  • Fortem Technologies's estimated revenue is currently $21.2M per year.
  • Fortem Technologies received $15.0M in venture funding in March 2018.
  • Fortem Technologies's estimated revenue per employee is $229957
  • Fortem Technologies's total funding is $20.5M.

Employee Data

  • Fortem Technologies has 92 Employees.
  • Fortem Technologies grew their employee count by 26% last year.
  • Fortem Technologies currently has 2 job openings.

Executive Contacts

NameTitle
Bruce CarpenterVP Global Business Development
Jeff VanShaarVP of Engineering
Marty SmuinChief Strategy Officer and Head of Corporate Development
Chet FerryDirector Of Engineering
DIXON SPEASVP OPERATIONS
Mikko ValimakiVP Engineering
R. Dixon "Dirk" SpeasVP, Operations
R. DixonVP, Business Development
Dave PreeceChief Data Office - Product and Marketing VP

What Is Fortem Technologies?

Fortem Technologies is an innovative leader in AI-enabled airspace awareness and intelligence, providing real-time intrusion detection and avoidance solutions. Fortem offers a military-tested, commercially available platform that detects, classifies, and secures against drones, UAVs and other aircraft. Fortem's most recent product redefines modern air defense. The Fortem DroneHunter is an unmanned counter-UAS aircraft that uses the TrueView Radar, machine learning algorithms, proprietary guidance systems, and an open command & control system -- all built by Fortem -- to autonomously fly toward unwanted drones in the sky -- without a human pilot on the ground - and detect, track, classify, monitor via video stream, inspect, and safely capture the intruder drone at a safe distance from the protected area. Fortem's DroneHunter is the world's first counter-drone system that operates beyond line of sight (BLOS) using radar to protect a perimeter day and night from unwanted air threats. Some of the technology was developed and hardened over several years on US Department of Defense applications and is now available for commercial use. Core technologies include machine learning, secure data collection and services, aerospace design, radar guidance and advanced algorithms, and open command and control platforms for customers to detect, track, classify and mitigate unwanted drones. The open, secure ground station offers operational flexibility of multiple DroneHunters. The Fortem TrueView radar at the core of the guidance system is also used by many UAV manufacturers to enable safe and secure beyond line of sight (BLOS) unmanned aerial vehicle (UAV) services day and night, in clouds, fog or inclement weather.

keywords:N/A

92

Number of Employees

$21.2M

Revenue (est)

2

Current Jobs

26%

Employee Growth %

$20.5M

Total Funding

N/A

Valuation

N/A

Accelerator

N/A

Type

Similar Companies

NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
Guardian Flight
$54.4M23611%
Keystone Aviati...
$13M572%
ALPINE AIR
$19.2M832%
Metalcraft Tech...
$15.7M681%
Advance Manufac...
$8.4M363%
Fortem Technolo...
$21.2M9226%$20.5M

Fortem Technologies News

09/03/2019 - Fortem Technologies Announces Global OEM Agreement with ...

PLEASANT GROVE, UT, Aug. 14, 2019 (GLOBE NEWSWIRE) --. Fortem Technologies, Inc., the leader in airspace safety and security for an ...

09/08/2019 - Tech Developments

Fortem, HPE to Develop Airspace Security Solution. Fortem Technologies and Hewlett Packard Enterprise [HPE] have signed an original ...

09/03/2019 - Fortem Proposes DroneHunter UAS as Ship-Defense System

WASHINGTON — Fortem Technologies has developed a counter-UAS (unmanned aerial system) that could be used to protect ships as well as ...

Fortem Technologies Funding

DateAmountRoundLead InvestorsReference
2017-05-08$5.5MUndisclosedSignia Venture PartnersArticle
2018-03-16$15.0MUndisclosedDCVCArticle

Fortem Technologies Executive Hires

DateNameTitleReference
2017-09-07Marty SmuinChief Strategy Officer and Head of DevelopmentArticle