Industria
FIREHAWK OVERSUBSCRIBES $60M INVESTMENT ROUND AND GAINS A STRATEGIC EUROPEAN INVESTOR, STRENGTHENS ALLIED DEFENSE SUPPLY CHAIN RESILIENCE
Rocket engine propellant – used for missiles and space rockets alike – is currently produced by casting it into large molds and curing. This slow, hazardous, and inflexible process can take up to two months and limits both performance and production speed.
Firehawk replaces this decades-old method with additive manufacturing, using 3D printing to build propellant grains with complex geometries previously thought impossible. By using relatively inexpensive commercial-off-the-shelf equipment and novel additive manufacturing processes, the company can . This innovation makes motors safer to produce, quicker to scale, and adaptable across weapon systems, fundamentally transforming the energetics supply chain.
The purpose of the investment in Firehawk is to – boosting resilience and ensuring sustained defense readiness for NATO and allied forces. The fund behind the investment, built on a rare alliance between a venture capital firm and a defense prime, creates a bridge between innovation and industry. This partnership accelerates the adoption of technologies like Firehawk's and serves as a new model to deliver novel defense technologies at scale for rapid deployment across allied defense industrial bases.
says .
says . The parties are already exploring opportunities for industrial application of Firehawk's technologies.
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Presto Tech Horizons has joined Firehawk's oversubscribed While the exact amount is undisclosed, the investment represents a significant commitment to Firehawk's mission. The round was led by . – marking the firm's entry into defense technology and supporting Firehawk's transition from R&D and prototyping to production at scale. Other participants include Draper Associates, Decisive Point, Stellar Ventures, and other leading VCs. As the only European investor in the round, Presto Tech Horizons helps bring Firehawk's breakthrough energetics technology closer to allied defense users across Europe .
Firehawk is an end-to-end energetics company, revolutionizing the supply chain to fuel the future of defense to deter and win tomorrow's wars. We build rocket motors powered by our 3D printed propellant – faster and more cost effectively with the ability to manufacture and distribute almost anywhere in the world. Firehawk designs its products at its Dallas headquarters, is building a 340-acre production facility in Lawton, Oklahoma , and performs static fire and flight tests at two facilities in West Texas , including a 30-square-mile launch range. For more information, visit www.firehawkaerospace.com .
Built on a unique strategic alliance between venture capital firm Presto Ventures and industrial and technology group CSG (Czechoslovak Group), Presto Tech Horizons backs the most promising resilience tech projects from NATO countries and allied nations. The fund focuses on companies developing advanced technologies to create a safer, more resilient future – from defense tech to deeptech and dual-use innovation. Learn more at prestotech.com .
CSG is a global industrial and technology group owned by Czech entrepreneur Michal Strnad , with key production facilities in Europe , India , and the U.S. Its portfolio includes Tatra Trucks , radar maker Eldis, and ammunition producers Fiocchi and The Kinetic Group – a recent acquisition that made CSG a major U.S. manufacturer of small-caliber ammunition. Through subsidiaries like MSM North America, CSG also delivers strategic infrastructure projects for the U.S. Army, including the new Future Artillery Complex. With 10,000+ employees and 2024 revenues exceeding €4 billion, CSG is committed to strengthening the transatlantic bond and ensuring allied defense supply chain resilience. Learn more at czechoslovakgroup.com .
Sandra Perez
sandra@gladiuspr.com
Veronika Kaiser
veronika@prestotech.com
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