Divergent Raises $290M for Military Parts Production Expansion

Divergent Technologies Secures $290 Million in Funding

In the context of escalating investment within the defense technology sector, Divergent Technologies, a firm specializing in advanced manufacturing, has successfully raised $290 million.

This funding round was spearheaded by Rochefort Asset Management and is intended to facilitate an expansion of the company’s production capacity for missile components and other specialized military parts.

Company Valuation and Key Investors

The investment has resulted in a company valuation of $2.3 billion. This information was initially reported by Bloomberg.

Divergent Technologies currently serves prominent defense contractors, including Lockheed Martin, RTX, and General Dynamics, as key clients.

Expansion Plans and Facility Development

Of the total capital raised, $40 million is structured as debt financing.

These funds will be allocated towards the expansion of existing manufacturing facilities located in Los Angeles.

Furthermore, Divergent plans to commence construction on a new factory in Oklahoma within the coming year.

Core Manufacturing Capabilities

Divergent Technologies utilizes specialized 3D printers capable of producing up to 600 distinct parts.

According to CEO and co-founder Lukas Czinger, as reported by Bloomberg, the production of metal missile airframes constitutes the company’s primary revenue stream.

Significance of the Investment

This funding round highlights the growing investor interest in startups focused on strengthening America’s domestic manufacturing base.

Increased demand for weaponry is currently placing significant strain on established supply chains, making companies like Divergent Technologies increasingly vital.

The investment reflects a strategic move to bolster national security through enhanced manufacturing capabilities.