situation report
FIRESTORM IN THE NEWS
Firestorm Labs, Inc., the leader in advanced additive manufacturing and drone production, has secured exclusive distribution rights from HP Inc. for its mobile Multi Jet Fusion (MJF) 3D printing technologies. This collaboration cements Firestorm as the sole provider of HP’s high-performance 3D printers in mobile and field-deployable environments and marks a major leap forward in how commercial, humanitarian, and medical sectors respond to urgent, on-the-ground needs.
Firestorm Labs aims to automate drone production with new funding, highlighting the significance of 3D printing in modern warfare.
With $12.5M in new funding, Firestorm Labs plans to accelerate its 3D printing technology for unmanned aerial systems.
Firestorm Labs secures funding to expand its team and production capabilities for unmanned aerial systems.
The company's new funding round, led by Lockheed Martin Ventures, will support its rapid drone production capabilities.
Firestorm will use this new capital to further scale out its workforce and production resources, the company said Thursday.
Firestorm has already won a range of the U.S Department of Defense contracts both for its modular UAS and the xCell manufacturing product line. This new capital will enable Firestorm to scale its team and production to meet growing demands for its products.
The U.S. Airforce’s use of xCell will revolutionize DoD’s reliance on traditional manufacturing processes that disable the real time production and replenishment of capabilities critical to detering adversaries.
