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§ Private Profile · San Diego, CA, USA
Defense technology company manufacturing modular UAS, loitering munitions, and drones for the U.S. military, using advanced 3D printing.
Firestorm has raised $95.0M across 3 funding rounds.
Key people at Firestorm.
Firestorm has raised $95.0M in total across 3 funding rounds.
Founded in 2022 by Dan Magy, Ian Muceus, and Chad McCoy, Firestorm Labs is a defense technology company based in San Diego, California, manufacturing advanced modular unmanned aerial systems and loitering munitions. The enterprise supplies these drone platforms primarily to the Department of Defense and the Air Force through direct government contracts and federally funded deals. To support rapid production and mission adaptability on modern battlefields, the firm utilizes open-source Dronecode architectures and an exclusive partnership with HP for industrial 3D printers. Operating with a dedicated workforce of approximately 60 to 80 employees, the organization has successfully raised $47 million in Series A funding to scale its manufacturing capabilities. Furthermore, Firestorm has secured over $3 million in federal contracts alongside a potential $100 million military agreement to deliver precision payload systems to American and allied forces.
Key people at Firestorm.
Firestorm has raised $95.0M across 3 funding rounds. Most recently, it raised $47.0M Debt / Series A in July 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 16, 2025 | $47M Debt Financing | Aaron Jacobson | Chris Moran, Brian Maccarthy, Thomas Hendrix, Justin Krauss, J. Christopher Moran, Mina Faltas | Announced |
| Jul 1, 2025 | $35M Series A | — | Afore Capital, Alumni Ventures, Craft Ventures, DN Capital, Floodgate, Giant Ventures, Harpoon, IDG Ventures, LAUNCH, McCarthy Capital, Aaron Jacobson, NEW Enterprise Associates, Alexander Rosen, Scout Ventures, SignalFire, Slow Ventures, Y Combinator, Drew Houston, Emmett Shear, Kyle Vogt | Announced |
| Mar 1, 2024 | $13M Seed | Lockheed Martin Ventures | Afore Capital, DN Capital, Scout Ventures, 645 Ventures, Backswing Ventures, Beyond Capital, Bvvc, Cubit Capital, Decisive Point, Feld Ventures, IronGate, Marquee Ventures, Overmatch Ventures, Redcat, Silent Ventures, The Veteran Fund | Announced |
Firestorm Labs is a San Diego-based aerospace and defense startup founded in 2022 that develops modular, mission-adaptable unmanned aerial systems (UAS) for military applications.[1][2][3][4][5] The company builds products like the Tempest Group 2/3 modular UAS and loitering munitions, serving U.S. Department of Defense (DoD) and allied forces by enabling rapid deployment, precision payload delivery, and "Affordable Mass" production of drones in contested environments.[1][3][4][5] It solves high costs and slow timelines in traditional UAS manufacturing through 3D printing, open architectures, and digital efficiencies, slashing total cost of ownership to 1/5 of conventional methods while supporting AI autopilots, GPS-denied navigation, and third-party integrations via FirestormOS and SparkSDK.[4][5] Firestorm has raised $40.52M, secured a $100M U.S. Air Force contract, and grown to ~39 employees, demonstrating strong early momentum.[1][3]
Firestorm Labs was founded in 2022 by Dan Magy (CEO), Chad M, and Ian Muceus in San Diego, California, at 5629 Copley Drive.[1][3] The founders bring diverse expertise in robotics, advanced engineering, finance, digital marketing, and strategic leadership, blending high-tech innovation with defense sector experience to tackle inefficiencies in UAS development.[3] The idea emerged from the need for faster, cheaper drones amid evolving DoD requirements for modern warfare, leveraging additive manufacturing and open-source designs to enable on-site production and adaptability—pivotal moments include a five-year, $100M Air Force IDIQ contract in February (pre-2026) and rapid scaling to modular systems like Tempest.[1][4]
Firestorm rides the defense tech boom in autonomous systems and "Affordable Mass" drones, driven by great-power competition and Ukraine-inspired needs for attritable, swarm-capable UAS that outpace adversaries in volume and adaptability.[2][4] Timing is ideal amid DoD's Replicator initiative for cheap, scalable drones and shifting from expensive platforms to modular, 3D-printed alternatives—market forces like supply chain resilience (spanning 26 U.S. states) and open architectures favor Firestorm's edge over legacy players.[1][4][5] It influences the ecosystem by pioneering vendor-agnostic standards, accelerating adoption among startups (vs. AeroVironment, Kratos) and fostering a collaborative defense innovation network.[4]
Firestorm is poised for explosive growth through DoD contracts and exports, expanding Tempest integrations and loitering munitions amid rising global demand for autonomous warfare tools.[1][2][5] Trends like AI autonomy, hypersonic threats, and industrial 3D printing will amplify its edge, potentially evolving into a category leader in modular defense UAS by delivering resilient, cost-crushing solutions at the speed of need—redefining military readiness from San Diego's front lines.[3][4]
Firestorm has raised $95.0M in total across 3 funding rounds.
Firestorm's investors include Aaron Jacobson, Chris Moran, Brian MacCarthy, Thomas Hendrix, Justin Krauss, J. Christopher Moran, Mina Faltas, Afore Capital, Alumni Ventures, Craft Ventures, DN Capital, Floodgate.