NEA led a $47m Series A round in Firestorm Labs.

NEA, an American venture capital firm, led a $47m Series A round in Firestorm Labs, a company that specializes in advanced additive manufacturing technologies, with participation from Lockheed Martin Ventures, Decisive Point, Washington Harbour Partners, Booz Allen Ventures, JP Morgan and others "We are thrilled about this milestone, because it empowers Firestorm to deliver critical, battlefield-ready solutions faster and at scale. Our unique ability to 3D print modular airframes on-site dramatically reduces production timelines, costs, and logistical constraints, giving the US and allied forces the adaptive technology they urgently need in complex and contested operational environments," Dan Magy, Firestorm CEO.