Firehawk Aerospace Secures $60M Investment to Boost European Defense Supply Chain
Firehawk Aerospace has secured a $60 million investment in an oversubscribed funding round led by 1789 Capital, with participation from Presto Tech Horizons, announced in a press release. This funding aims to strengthen Europe's defense supply chain by enabling local production of critical munitions components.
Firehawk is pioneering the use of 3D printing for propellant and solid rocket motors, significantly reducing production times and enhancing safety. This innovation allows for faster, scalable, and more flexible production of advanced energetics, which is crucial for missile and artillery manufacturing.
The investment will help Firehawk transition from research and development to large-scale production, enhancing the resilience of NATO and allied forces' defense capabilities. The partnership with Presto Tech Horizons and CSG aims to accelerate the adoption of Firehawk's technologies across Europe, ensuring sustained defense readiness.
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