Forterra Valuation, Funding & Investors

Swarmer Inc is a provider of autonomous drone swarm software and AI solutions, specializing in vendor-agnostic technologies. It develops software platforms and artificial intelligence systems for defence applications, enabling military organisations to deploy and coordinate large-scale unmanned and autonomous systems. Its offerings include swarm coordination software, multi-domain unmanned systems integration, collaborative autonomy solutions, and command-and-control software for distributed robotic operations. Its key software and AI systems include: i) STYX AI Command & Control System, ii) MINAS Autonomy and Collaboration AI and iii) TRIDENT Embedded Drone Operating System. The company generates revenue through software license sales.

Heven AeroTech is a San Diego-headquartered manufacturer of heavy-lift hybrid drones for military, commercial, and public safety missions. The company produces the D50 VTOL model capable of carrying 50-pound payloads over 100 miles at speeds up to 80 mph. Heven AeroTech's autonomous systems feature redundant flight controls, encrypted communications, and modular payloads for surveillance, logistics, and disaster response. Certified under FAA Part 107 and NDAA-compliant, its drones serve U.S. Department of Defense branches and first responders.

Dominion Dynamics is a Virginia-based technology company engineering an AI-enabled sensing network for Arctic domain awareness, integrating radar, satellite, and underwater sensors for military command-and-control and civilian maritime safety applications.

Shandong Extreme Vision Technology Co Ltd is an AI computer vision solution provider in China, delivering end-to-end solution development, deployment and management services to enterprises across diverse industries. It specializes in delivering AI computer vision solutions and large model solutions to enterprises: AI Computer Vision Solutions, Large Model Solutions. Computer vision solution, as a vital branch of AI solution, is a technological solution that simulates the human visual system to enable computers to extract information from images or videos and analyze, make decisions and interact based on this information.

Red Cat Holdings Inc is a drone technology company integrating robotic hardware and software for military, government, and commercial operations. Red Cat’s suite of solutions includes the Arachnid family of ISR and precision strike drones, which includes the Black Widow, a small unmanned ISR system; and WEB (Warfighter Electronic Bridge) GCS, designed to command and control an entire drone family of systems for military operations. Its other offerings include Edge 130 Blue drone systems, Trichon, a fixed-wing VTOL for extended endurance and range, and FANG FPV drones optimized for military operations with precision strike capabilities.

Droneshield Ltd develops and sells hardware and software for drone detection and security. The principal activity of the company is the development, commercialization, and sales of hardware and software technology for drone detection and security. It has four products: Dismounted, which include RfPatrol Mk2, DroneGun Mk4, Immediate Response Kit (IRK), DroneGun Tactical; On-The-Move includes DroneSentry-X Mk2, Expeditionary Fixed Site (EFS) Kit; Fixed Site includes DroneSentry; and Software includes DroneSentry-C2, Tactical DroneSentry-C2, and DroneOptID. The company provides its solutions to the intelligence community, Government, law enforcement, critical infrastructure, and airports globally. Its geographical segments are the United States and Australia.

Skyryse is a Los Angeles-headquartered developer of FlightOS, a unified avionics system for general aviation rotorcraft and fixed-wing aircraft. The platform standardizes controls across models from Bell and Cessna, enabling single-pilot or remote operations after brief training. Skyryse integrates fly-by-wire automation and has certified systems on Robinson R44 helicopters.

Xtend AI Robotics Inc develops software systems and artificial intelligence-powered robotics solutions for use in complex operational environments. Its offerings include software platforms and robotic hardware designed to support autonomous functions. The company's products include robots, drones, and robotic subsystems used in defense, law enforcement, and private security applications. Its architecture platform facilitates scalability across partners and third-party applications. The company serves a diverse set of customers, including homeland security, military, intelligence, and critical-infrastructure protection entities. It generates substantially all of the revenue through firm fixed-price contracts, and other customer arrangements.

TEKEVER is a Lisbon-headquartered unmanned aerial systems manufacturer providing surveillance-as-a-service for maritime and border security. Its product lines feature AR3 for long-endurance VTOL missions, AR4 for tactical ISR, and AR5 with maritime radar payloads for BVLOS operations. Deployed by NATO members and African navies, TEKEVER delivers real-time intelligence via satellite links.

Cidi Inc is a provider of intelligent driving products and solutions for commercial vehicles in China. The company focuses on the research and development of closed-environment autonomous driving trucks for mining and logistics, V2X (vehicle-to-everything) technologies and intelligent perception solutions, and offers products and solutions underpinned by proprietary technologies, with a primary focus on intelligent driving in closed environments. Its products and solutions include (i) autonomous driving technologies, (ii) V2X products and solutions, and (iii) intelligent perception solutions. The majority of revenue is derived from the Autonomous driving, including closed-environment autonomous mining trucks and closed-environment autonomous logistics truck solutions.

Kodiak AI Inc is a provider of artificial intelligence (AI)-powered autonomous vehicle technology. This technology addresses the needs of the long-haul trucking, industrial trucking, and defense industries. The company's core offering, the Kodiak Driver, is a single-platform virtual driver that combines advanced AI software with modular hardware for customer deployments. All company operations are conducted in the United States.

Zhuoyu Technology is a provider of high-end intelligent driving solutions for passenger cars across various price points and power types. It researches and develops intelligent driving systems along with self-made core components to support partners in mass production of advanced driving technologies.

Auterion is a Zurich-headquartered developer of open-source software for autonomous drones and robots. The company offers AuterionOS operating system, Skynode hardware computers, and Suite mission control software. Its platform enables fleet management, payload integration, and applications in inspection, mapping, and public safety. Auterion supports multi-vehicle operations across air, ground, and sea domains worldwide.

Roadstar.ai is a San Francisco-headquartered and Shenzhen-based autonomous driving technology company. The company develops AI software and hardware for self-driving cars and trucks, integrating perception, planning, and control systems. Roadstar.ai has tested prototypes on public roads in California and China while partnering with OEMs for Level 4 autonomy deployments.

Saildrone develops autonomous, wind- and solar-powered unmanned surface vehicles for ocean data collection, maritime surveillance, and defense missions. Founded in 2012 by CEO Richard Jenkins and based in Alameda, California, the company uses patented wing-sail technology and onboard sensors to run missions for government agencies such as the U.S. Navy, NOAA, and NASA as well as commercial clients, charging for data collected rather than selling the vehicles outright. Its platforms, including the Surveyor and Voyager, have logged more than two million nautical miles and have expanded from unclassified maritime domain awareness work into integrated combat systems for the Navy.

Echodyne is a Kirkland-headquartered radar technology company founded in 2014 developing metamaterials-based sensors for drones, vehicles, and security applications. The platform combines ESA-4D phased array with software for 360-degree detection up to 300 meters. Echodyne serves defense contractors and autonomy firms like Northrop Grumman.

Hidden Level is a Syracuse-headquartered provider of passive radar systems for drone detection and airspace monitoring. The company's Airspace Monitoring Service deploys sensor networks compliant with U.S. Title 18 privacy regulations, tracking drones and aircraft over wide areas. Hidden Level serves critical infrastructure, defense bases, and airports with RF signal analysis technology. Founded in 2020, the firm operates demonstration sites in New York and partners with federal agencies.

Volatus Aerospace Inc. is a leader in globalized aerial solutions for intelligence and cargo. With deep technological and subject matter expertise and over 100 years of combined institutional knowledge in aviation, Volatus provides meaningful aerial solutions for end users across various industries using piloted and remotely piloted aircraft systems (RPAS or drones). It is committed to enhancing operational efficiency, safety, and sustainability through innovation, real-world aerial solutions.