Defense Tech Signals · Capital vs. Contracts Open-source analysis · public data only Data as of Nov 8, 2026 · obligations refresh every other Monday
NatSec100 #23

JetZero

Recipient: JETZERO, INC. · UEI DESRHMAMGKU6

Obligated more than it has raised: about $1.13 in federal money for every $1 of private capital. 93% of it came through Other Transactions (OTs).

Capital raised
$226.0M
Federal obligations, FY2020–FY2026
$254.9M
Raised per $1 obligated
0.89×
Latest valuation
—
Not disclosed

Obligations by fiscal year

$M
0 FY20 7.0 FY21 0 FY22 47.2 FY23 105.2 FY24 90.7 FY25 4.8 FY26

Prime contracts Other Transactions Subawards

Contract mix

Prime contracts
$17.1M
Other Transactions
$237.6M
Subawards
$0.2M

Notes

Funding
Equity only; company cites >$1B incl. grants and commitments

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

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.