Firehawk Raises $150 Million to Mass-Produce Artillery and Rocket Motors
Firehawk Defense's Series D, at a valuation above $1.4 billion, pays for plants built to make small rocket and artillery motors in volume, aimed at a shortage of tactical munitions.
Firehawk Defense's Series D, at a valuation above $1.4 billion, pays for plants built to make small rocket and artillery motors in volume, aimed at a shortage of tactical munitions.
Firehawk Defense closed an oversubscribed Series D of more than $150 million at a valuation above $1.4 billion, the Dallas company announced on Wednesday. Advent International and Kyle Bass' Rochefort Asset Management co-led the round.
The money scales a thermoplastic propellant process. Firehawk says it replaces batch mixing, casting and curing, which takes weeks, with feedstock made in hours. The pellets can be stored, then pressed, extruded or 3D-printed into motor grains.
Frequently Asked Questions
How much did Firehawk Defense raise?
More than $150 million in an oversubscribed Series D at a valuation above $1.4 billion, co-led by Advent International and Rochefort Asset Management, the company announced on Oct. 28, 2026.
What does Firehawk make?
Propellant, artillery base-bleed motors, rocket-assisted take-off motors, small solid rocket motors and complete Hydra-70 rockets, using a thermoplastic process that makes propellant feedstock in hours rather than weeks, per the company.
What is a base-bleed motor?
A small motor at the base of an artillery shell that burns propellant to reduce drag, extending firing range by up to 30%, according to Reuters.
Where will the money go?
To the Great Plains Arsenal in Lawton, Oklahoma, the missile integration facility in Crawford, Mississippi, new research sites and hiring, the company said.
When will production scale?
Lawton is due to reach low-rate production by mid-2027 and tens of thousands of motors a month by late 2027, per Reuters. Firehawk plans more than 100,000 artillery motors in 2027, sold first to allied nations while a U.S. Army qualification runs.
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Marcus Schuler
Marcus Schuler edits BattlePolicy, a daily defense-technology brief connecting the companies and capabilities behind modern war to the contest among Europe, the US, Russia, and China.