Top 10 Startups developing and enhancing missiles

Updated: May 05, 2024

These startups and companies leverage cutting-edge technologies, ranging from propulsion systems to guidance and targeting systems, to create highly efficient and precise missiles. By incorporating state-of-the-art materials, advanced aerodynamics, and smart technologies, these startups aim to improve missile range, accuracy, and versatility.
1
Country: USA | Funding: $3M
Developer of the air defense systems (Patriot), missile systems (Tomahawk), man-portable air-defense systems Stinger.
2
Country: USA | Funding: $28.3M
Lockheed Martin is a security company that engages in the research, development, and manufacture of technology systems and products, including HIMARS, ATACMS, BLACK HAWK Helicopter, F-16 Fighting Falcon.
3
Country: USA | Funding: $125.6M
Northrop Grumman designs, develops, builds and supports some of the world’s most advanced military products.
4
Country: USA
L3 Harris is a proven leader in tactical communications, geospatial systems, air traffic management, avionics, and space and intelligence.
5
Country: South Korea | Funding: ₩579.2B
LIG Nex1 produces a wide range of advanced precision electronic systems, including missiles, underwater weapon systems, radars, electronic warfare, avionics, tactical communication systems, fire control systems, naval combat systems, and electro-optics.
6
Country: Germany
TAURUS Systems is a manufacturing company that produces stand-off weapon systems, missiles, and bunker products.
7
Country: UK | Funding: $85.2M
BAE Systems designs, develops, and supports defense and aerospace systems used in the air, on land, at sea, and in space.
8
Country: USA | Funding: $50M
AeroVironment designs, develops, produces, and supports a portfolio of unmanned aircraft systems supplied to organizations and defense.
9
Country: USA | Funding: $19.6M
Castelion is a defense tech company that applies modern hardware development and manufacturing processes to national security challenges.
10
Country: USA | Funding: $206.5K
IERUS Technologies is engaged in the design of 8 different ballistic missile systems as well as 15+ flight tests ranging from SRBM to ICBM Class vehicles.
11
Country: Australia
Hypersonix Launch Systems specializes in hypersonic technology and scramjet engines in the global market.