Ensuring cost-effective, mission-ready defense tech solutions to safeguard U.S. national security

Booz Allen Hamilton (NYSE: BAH) today announced that its corporate venture capital arm, Booz Allen Ventures, has made a strategic investment in Firestorm Labs, Inc., an advanced additive manufacturing company that develops edge manufacturing units and unmanned aerial systems (UAS), such as 3D-printed military drones. With advanced capabilities to operate at the edge, these systems enable the U.S. military to maintain its dominance in critical regions like the Indo-Pacific by supporting warfighters with mission-critical tools directly on the battlefield.

Firestorm Labs manufactures modular, open-architecture UAS for rapid deployment in edge environments. By integrating intelligence and electronic warfare system capabilities into small, customizable, cost-effective solutions, Firestorm Labs develops essential technology to support U.S. missions in the most resource-constrained operating environments.

“As adversaries increasingly weaponize inexpensive, commercial off-the-shelf systems, the U.S. must reimagine defense manufacturing with speed at the forefront,” said Shands Pickett, senior vice president of defense technology and strategy at Booz Allen. “We invested in Firestorm Labs because we believe their effective, flexible, and low-cost unmanned aerial systems will help ensure the U.S. maintains the world’s strongest and most lethal warfighting force. We also believe their xCell technology has the potential to accelerate the delivery of critical mission effects in important regions like the Indo-Pacific.”

This Series A investment round will support Firestorm Labs’ xCell technology, which is a "factory-in-a-box" that can manufacture mission-specific components and materials within hours on the battlefield.

“Our partnership with Booz Allen strengthens our ability to meet the needs of warfighters at speed and scale,” said Dan Magy, CEO at Firestorm Labs. “We created our xCell platform to reduce production time, costs, and logistical constraints, so that the U.S. has reliable, mission-specific tools at the ready to ensure operations are as efficient and effective as possible.”

The investment reflects Booz Allen’s dedication to operational readiness and U.S. technological and defense leadership, supporting the acceleration of Firestorm Labs’ production capabilities to bring affordable, mission-critical technology directly to the battlefield.

"The next air strike will be delivered with lethal force printed on the edge, via low-cost, long-range attritable drone platforms that operate in a communication-denied environment. That’s why we’re investing in Firestorm," said Brian MacCarthy, managing partner at Booz Allen Ventures. "This investment underscores our mission to advance and partner with technology companies that give the U.S. a sustained competitive advantage."

Since its launch, Booz Allen’s $100 million corporate venture capital arm has made strategic investments in early-stage companies developing dual-use commercial technologies. Firestorm marks its 17th Ventures investment, with a diversified portfolio that includes Albedo, ConductorAI, Corsha, Credo AI, HiddenLayer, Hidden Level, Latent AI, Quindar, RAIC Labs (formerly Synthetaic), Reality Defender, Reveal Technology, Scout AI, Second Front (2F), SEEQC, Shift5, and Starfish Space.

Read more about Booz Allen Ventures and the firm’s AI defense capabilities.

About Booz Allen Hamilton

Booz Allen is an advanced technology company delivering outcomes with speed for America’s most critical defense, civil, and national security priorities. We build technology solutions using AI, cyber, and other cutting-edge technologies to advance and protect the nation and its citizens. By focusing on outcomes, we enable our people, clients, and their missions to succeed—accelerating the nation to realize our purpose: Empower People to Change the World®.

With global headquarters in McLean, Virginia, our firm employs approximately 35,800 people globally as of March 31, 2025, and had revenue of $12.0 billion for the 12 months ended March 31, 2025. To learn more, visit www.boozallen.com. (NYSE: BAH)

Forward-Looking Statements

Certain statements contained in this release include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include statements that do not directly relate to any historical or current fact. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “could,” “should,” “forecasts,” “expects,” “intends,” “plans,” “anticipates,” “projects,” “outlook,” “believes,” “estimates,” “predicts,” “potential,” “continue,” “preliminary,” or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we can give you no assurance these expectations will prove to have been correct.

These forward-looking statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. A number of important factors could cause actual results to differ materially from those contained in or implied by these forward-looking statements, including those factors discussed in our filings with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K for the fiscal year ended March 31, 2025, which can be found at the SEC’s website at www.sec.gov. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

BAHPR-CO

View source version on businesswire.com: https://www.businesswire.com/news/home/20250716395908/en/