#Defense Technology #Firehawk Aerospace #Presto Tech

Firehawk Aerospace Secures $60 Million Investment Round

Firehawk Aerospace, a leader in defense technology focusing on advanced energetics and propulsion systems, has recently announced the successful closing of a funding round amounting to $60 million. This investment is particularly significant as it brings in strategic support from Presto Tech Horizons, a fund dedicated to defense technology and resilience. The investment was led by 1789 Capital, with notable participation from partners including Donald Trump Jr.

The funding will enable Firehawk to continue pioneering the scalable use of 3D printing in solid rocket propellant systems. This advancement allows for faster, safer, and more flexible production of advanced energetic components. The innovations being developed are not just limited to rocket motors, as the same manufacturing breakthroughs are also applicable to artillery munitions. The company aims to expedite the production of munitions while ensuring reliability and scalability.

Traditionally, rocket propellant has been manufactured through labor-intensive methods that involve casting in large molds and curing over lengthy periods. This approach can take up to two months to complete and poses significant risks regarding both safety and performance. Firehawk Aerospace seeks to revolutionize this outdated process by utilizing additive manufacturing. By employing 3D printing technologies, they produce propellant grains with complex geometries that were previously deemed unattainable.

Firehawk’s advanced manufacturing processes can diminish production times by more than 99% compared to conventional methods. This fundamentally transforms the supply chain for defense energy production, thereby enhancing safety, scalability, and adaptability for various weapon systems.

Strengthening Europe's Defense Supply Chain

This latest investment primarily aims to bolster Europe’s capacity to source essential elements within their local ammunition supply chains, thus enhancing resilience and ensuring preparedness for NATO defense operations. The partnership between Presto Tech and Firehawk creates a strategic bridge between innovation and industry, accelerating the adoption of transformative technologies in defense.

According to Will Edwards, CEO of Firehawk, “The conflict in Ukraine highlights that while drones provide a significant advantage, conventional munitions like missiles and rockets remain foundational to combat effectiveness. Our mission is to strengthen the European defense supply chain by enabling rapid mass production of these essential weapons systems.” Edwards emphasized the need for a robust supply chain in the defense sector, where the bottleneck is often the production of propellants and energetics.

As stated by Michal Strnad, Chairman of CSG,