Lockheed Martin Ventures will now have double the amount of capital under management to invest in sectors such as autonomy and advanced manufacturing.
Aerospace and defence company Lockheed Martin yesterday doubled the amount of funding its corporate venturing arm Lockheed Martin Ventures has under management to $200m.
The additional $100m follows recent tax form legislation in the US and will primarily go to early-stage startups in the areas of sensor technologies, autonomy, artificial intelligence and cybertechnology.
Concurrently, Lockheed Martin Ventures revealed it has invested an undisclosed sum in NTopology, a US-based developer of computer-aided design software that previously closed a $7.6m series A…
