Secures Strategic Investment From Lockheed Martin Ventures


Share post:, a cutting edge U.S.-based technology company using AI to deliver next-generation capabilities in robotics and automation, has closed a strategic funding round with an investment from Lockheed Martin Ventures, the venture arm of Lockheed Martin. is a developer of AI-powered assembly planning software and autonomous assembly systems. Typical assembly methods require a high labor component or expensive, rigid automation infrastructure that requires high-rate, repeatable production to justify financially. offers a “one-manufacturing-line-for-all” future with low-cost, small-batch systems that are assembled on demand. Agile and adaptive manufacturing processes and equipment that allow for design agility and economic efficiency will be critical for U.S.-based manufacturing to stay competitive in the global market.

“At Lockheed Martin, we want to stabilize our national security industrial base with an anti-fragility approach,” said Chris Moran, vice president and general manager of Lockheed Martin Ventures. “Launchpad’s vision in developing groundbreaking automated, yet highly variable and scalable, solutions aligns with our vision of agile and responsive manufacturing.”

Also Read: Top Factors that Impact Mobile App Development Costs’s cutting-edge technologies and forward-thinking approach have positioned the company as a frontrunner in automation with the unique ability to deliver solutions that are both cost effective, but also align with the flexibility and adaptability necessary to compete in the world of tomorrow. The investment from Lockheed Martin Ventures will help enable the company to take its innovative projects to the next level.

Yoav Zingher, Founder and CEO of, expressed enthusiasm about the investment, stating, “We are honored to receive this investment from Lockheed Martin Ventures, and couldn’t imagine a better resource to have as we scale.”

TalkDev Bureau
TalkDev Bureau
The TalkDev Bureau has five well-trained writers and journalists, well versed in B2B enterprise technology industry, and constantly in touch with industry leaders for the latest trends, opinions, and other inputs- to bring you the best and latest in the domain.


Please enter your comment!
Please enter your name here


Related articles

Top 5 Unreal Game Engine Plugins in 2024

Unreal Engine stands as an immensely potent game engine. Plugins play a crucial role in it to extend...

Josh Watkins to lead Blockchain Telecoms Venture Minutes Network as CEO

World Mobile Group announces that its Co-Founder Josh Watkins will be CEO at Minutes Network. Minutes Network will offer...

FPT Software and RWE Strengthen European Strategic Partnership

FPT Software and RWE will strengthen their strategic partnership to aim and support RWE’s goals in its other...

ByteDance to Restructure Nuverse in Retreat from Gaming Business

ByteDance plans to restructure its Nuverse gaming brand from the mainstream video games business after a review. The company...