Participated · Seed · Mar 2024

Firestorm develops xCell, a shipping-container mobile manufacturing platform that uses an industrial-grade HP 3D printer to produce drone bodies and shells and assemble configurable drone systems in under 24 hours. The company sells hardware and secures government contracts across U.S. military branches, and currently has two xCell units deployed domestically (with the Air Force Research Laboratory and Air Force Special Operations Command) and additional operational use in the Indo-Pacific. Firestorm holds a five-year global exclusive with HP for use of its industrial 3D printing technology in mobile units, and noted an Air Force contract with a $100 million ceiling and $27 million obligated to date. The startup’s founders bring defense and additive-manufacturing expertise: CEO Dan Magy is a serial defense tech entrepreneur, Chad McCoy is a career special operations veteran, and CTO Ian Muceus holds multiple 3D-printing patents. Firestorm has stated plans to scale deployment and reach full operational deployment in the Indo-Pacific within roughly two years. The company has raised $153 million to date following the Series B.