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Divergent Technologies Raises $290M to Expand Military Component Manufacturing
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1 year ago

Divergent Technologies Raises $290M to Expand Military Component Manufacturing

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News Summary

Divergent Technologies, an advanced manufacturing startup, has raised $290 million to expand its production of specialized military components. The funding round, which values the company at $2.3 billion, includes $40 million in debt. Divergent plans to use the capital to enhance its manufacturing facilities in Los Angeles and to establish a new factory in Oklahoma. The company, known for its 3D printed metal missile airframes, supplies major defense contractors such as Lockheed Martin, RTX, and General Dynamics. This investment highlights a growing interest in startups that bolster domestic manufacturing capabilities in response to increased weapons demand.

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Divergent Secures $290M to Boost Military Component Manufacturing

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