Defense Tech Signals · Capital vs. Contracts Open-source analysis · public data only Data as of Nov 8, 2026 · obligations refresh every other Monday
NatSec100 #45

Firestorm

Recipient: FIRESTORM LABS, INC. · UEI K9LTUS568AD7

About $3.20 raised for every $1 obligated. 100% of it came through prime contracts.

Capital raised
$172.0M
Federal obligations, FY2020–FY2026
$53.8M
Raised per $1 obligated
3.2×
Latest valuation
—
Not disclosed

Obligations by fiscal year

$M
0 FY20 0 FY21 0 FY22 1.3 FY23 1.5 FY24 1.4 FY25 49.5 FY26

Prime contracts Other Transactions Subawards

Contract mix

Prime contracts
$53.8M
Other Transactions
$0
Subawards
$0

Cite this: Defense Tech Signals, "Capital vs. Contracts: Firestorm," data as of 2026-11-08, https://data.defensetechsignals.com/c/firestorm/.

Coverage: prime contracts, IDVs and grants (USAspending), direct Other Transactions (FPDS) and subawards received, FY2020–FY2026. Not included: consortium OTs, FY 2027 so far, loans and classified work. Capital raised: Compiled from announcements and press (Oct 2026). Obligations last refreshed 11/5/2026.