Fortem Technologies Growth, Revenue, Number of Employees and Funding

Location:

Pleasant Grove, UT USA

Revenue:

$10.7M

Total Funding:

$20.5M

Industry:

Aviation

Founded:

2016

Lead Investor(s):

DCVC
Press

Industry Ranking

State Ranking

Growjo 10k Ranking

Fortem Technologies Financials:

Fortem Technologies's revenue is currently $10.7M per year.

Fortem Technologies received $15.0M in venture funding in March 2018.

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.

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67

Number of Employees

$10.7M

Revenue (est)

N/A

Current Jobs

20%

Employee Growth %

$20.5M

Total Funding

N/A

Valuation

N/A

Accelerator

N/A

Type

Fortem Technologies News

20-Feb-19 - Fortem Technologies Named to Fast Company's World's Most

SALT LAKE CITY, Feb. 20, 2019 (GLOBE NEWSWIRE) -- Fortem Technologies, the leading airspace awareness, safety and security company,

15-Mar-19 - AirMap and Fortem Technologies Announce Collaboration to Provide

Today, AirMap, a leading global Unmanned aerial system Traffic Management (UTM) platform, and Fortem Technologies, a leading airspace

14-Mar-19 - Cities Will Now Be Able to Track All Drone Operations in the Airspace

AirMap has partnered with drone detection technology provider Fortem Technologies to provide a solution that will allow cities to detect all

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