San Diego-based Firestorm Labs secured $47 million in Series A funding. New Enterprise Associates led the round for the mobile drone manufacturing startup. This investment validates its factory-in-a-box technique for autonomous drone production.
The company will use the capital to construct a new production facility and expand its engineering team. Booz Allen Hamilton and Lockheed Martin's venture arms participated. Washington Harbour Partners and Decisive Point also provided direct funding.
JPMorgan Chase contributed $12 million in venture debt to the round. This Series A follows a $12.5 million seed funding round in early 2024. Lockheed Martin also invested in the seed round.
Firestorm Labs developed xCell, an expeditionary manufacturing cell housed in a shipping container. This mobile platform uses additive manufacturing, including 3D printing, for on-site drone production. The company holds contracts with the U.S. Department of Defense. This includes a $100 million agreement with the Air Force for additively manufactured drones research.
Advancing Expeditionary Drone Manufacturing
The xCell unit operates with minimal human labor and produces 50 drones monthly. It enables customers to manufacture drones, payloads, and replacement parts locally. This avoids sending damaged hardware back to centralized facilities.