Top 12 Startups developing and enhancing missiles

Feb 01, 2025 | By Bruce Makowsky

These companies develop advanced propulsion systems, precision-guidance technologies, stealth missile designs, high-explosive warhead innovations, long-range targeting systems, etc.
1
Country: USA | Funding: $119.6M
Castelion is a defense tech company that applies modern hardware development and manufacturing processes to national security challenges.
2
Country: USA
Developer of the air defense systems (Patriot), missile systems (Tomahawk), man-portable air-defense systems Stinger.
3
Country: USA | Funding: $2.8B
Northrop Grumman designs, develops, builds and supports some of the world’s most advanced military products.
4
Country: USA | Funding: $2.3B
L3 Harris is a proven leader in tactical communications, geospatial systems, air traffic management, avionics, and space and intelligence.
5
Country: USA | Funding: $62M
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.
6
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.
7
Country: USA | Funding: $159M
AeroVironment designs, develops, produces, and supports a portfolio of unmanned aircraft systems supplied to organizations and defense.
8
Country: UK | Funding: $120.2M
BAE Systems designs, develops, and supports defense and aerospace systems used in the air, on land, at sea, and in space.
9
Country: Germany
TAURUS Systems is a manufacturing company that produces stand-off weapon systems, missiles, and bunker products.
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.
Editor: Bruce Makowsky
Bruce Makowsky has covered military, cyber and IT news since 2009, with a focus on U.S. Navy and Marine Corps operations, acquisition programs and budgets. In particular he worked for Inside Defense. Bruce holds a Master of Science degree in journalism from Boston University. Bruce is also an award-winning photographer, renowned for his captivating images that have earned him numerous accolades and widespread recognition in the photography community. You can contact Bruce at makowsky(at)militarystartups(dot)com