VC Firm Tied To Trump Jr. Makes First Defense Investment In 3D-Printed Rocket Fuel [Forbes]
Palantir Technologies Inc. Class A (PLTR)
Company Research
Source: Forbes
Firehawk CEO Will Edwards is building his company on the idea that 3D-printed propellant, pictured, can replace traditional rocket systems. Firehawk A venture fund that works with President-elect Donald Trump's son, Donald Trump Jr, is leading a $60 million series C investment in rocket motors and propellant startup Firehawk Aerospace, Forbes has learned. It's the first defense tech investment for 1789 Capital, which funds companies aligned with a conservative world view. The firm invested $15 million in the deal, which is expected to close this month with additional checks from Draper Associates, Boka Capital and others. The company declined to share the valuation, though a person close to the deal said it was valued at more than $200 million. Dallas-based Firehawk says it has developed a safer, more stable rocket fuel using 3D printers and a hybrid engine to burn it, with the goal of replenishing a depleting U.S. arsenal. And it's had early success securing contracts with t
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PLTR
Earnings
- 11/4/24 - Beat
PLTR
Sec Filings
- 1/7/25 - Form 144
- 1/6/25 - Form 4
- 1/6/25 - Form 4
- PLTR's page on the SEC website