financetom
Business
financetom
/
Business
/
Booz Allen Hamilton's Venture Capital Arm Invests in Firestorm Labs
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Booz Allen Hamilton's Venture Capital Arm Invests in Firestorm Labs
Jul 16, 2025 6:26 AM

09:02 AM EDT, 07/16/2025 (MT Newswires) -- Booz Allen Hamilton Holding ( BAH ) said Wednesday its venture capital arm Booz Allen Ventures has invested in Firestorm Labs, a manufacturer of unmanned aerial systems.

Financial terms were not disclosed.

The investment will support Firestorm Labs' xCell technology, which is a "factory-in-a-box" that can produce mission-specific components and materials "within hours" on the war field, the company added.

Shares of Booz Allen were up 1% in recent Wednesday premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Oddity Tech Authorizes Up to $200 Million Stock Repurchase Program
Oddity Tech Authorizes Up to $200 Million Stock Repurchase Program
Mar 12, 2026
08:38 AM EDT, 03/12/2026 (MT Newswires) -- Oddity Tech ( ODD ) said Thursday the board approved a plan to buy back up to $200 million of the company's Class A shares. The buyback plan replaces Oddity Tech's ( ODD ) previously announced $150 million repurchase program and expires on March 31, 2029, the company said. Oddity Tech's ( ODD...
Ecolab to Implement 10% to 14% Global Energy Surcharge Amid Rising Costs
Ecolab to Implement 10% to 14% Global Energy Surcharge Amid Rising Costs
Mar 12, 2026
08:39 AM EDT, 03/12/2026 (MT Newswires) -- Ecolab ( ECL ) said Thursday that it will introduce a 10% to 14% global energy surcharge on all products and services starting April 1, due to soaring energy costs and supply chain challenges. The company cited Middle East conflict, supply disruptions, and transport constraints for recent energy market volatility, with oil up...
Ecopetrol President Ricardo Roa Indicted for Alleged Influence Peddling
Ecopetrol President Ricardo Roa Indicted for Alleged Influence Peddling
Mar 12, 2026
08:41 AM EDT, 03/12/2026 (MT Newswires) -- Ecopetrol ( EC ) said Thursday the Colombian Attorney General's Office brought formal charges against Ricardo Roa, the company's president, for alleged influence peddling by a public servant. The legal indictment initiates criminal proceedings but does not constitute a conviction nor a decision on the merits. The Board of Directors plans to continue...
MBX Biosciences Q4 Net Loss Widens; Expects Cash Runway Into 2029
MBX Biosciences Q4 Net Loss Widens; Expects Cash Runway Into 2029
Mar 12, 2026
08:41 AM EDT, 03/12/2026 (MT Newswires) -- MBX Biosciences ( MBX ) reported Q4 net loss Thursday of $0.49 per diluted share, widening from a loss of $0.47 a year earlier. Analysts polled by FactSet expected a loss of $0.63. As expected, no revenue for the quarter ended Dec. 31 was reported. The company held pro forma cash and investments...
Copyright 2023-2026 - www.financetom.com All Rights Reserved