Lockheed investment arm backs AI autonomy start-up Vayu Robotics

By Jason Sherman / October 3, 2023 at 11:56 AM
Lockheed Martin's venture capital arm has teamed with other investors to provide $12.7 million to Vayu Robotics -- a "non-traditional robotics company" that is making its public debut with this development -- to scale development of artificial intelligence-backed autonomy technologies for potential use across a wide range of markets. The Palo Alto, CA-based start-up -- which describes itself as “an AI company providing high-quality, low-cost robotics solutions” -- announced the backing included funding from Khosla Ventyures, ReMY Investors and others...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on defense policy and procurement.

Log in to access this content.