LOS ANGELES--(BUSINESS WIRE)--Aug 12, 2026--
Heaviside Industries, a builder of multi-domain precision munitions platforms, today announced a strategic partnership with Nammo, a global leader in munitions, alongside a $60 million Series B financing. Felicis led the round with significant participation from Hedosophia and additional participation from Menlo Ventures, Cantos, Flume Ventures, Qstar Capital, Friends & Family Capital, Anorak Ventures, MVP Ventures, and others. Raised three months after the company emerged from stealth, the financing values Heaviside at $600 million.
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“In defense, reputation and proven experience are paramount. The team at Heaviside has both,” said Jake Storm, General Partner at Felicis. “Pairing Heaviside’s deep operational expertise with Nammo’s established supply chain creates a scalable system that readily meets the rigorous demands of defense forces. We are proud to lead their Series B as they expand their operational footprint and deliver critical autonomous capabilities to U.S. and allied forces.”
Through the new partnership, Nammo will serve as the warhead supplier for Heaviside’s multi-domain precision munitions platforms, providing world-class warheads and a secure, resilient supply chain. Together, the companies will deliver first-of-their-kind unmanned munitions systems with enhanced lethality, mission flexibility, and manufacturing scalability.
“Partnering with Nammo marks a major milestone for Heaviside, expanding our ability to deliver robust, fully integrated, and cost-effective precision munitions to customers at speed,” said Phillip Walker, Heaviside CEO. “Combined with our recent Series B financing, this partnership positions Heaviside to quickly scale and deliver our precision strike solutions to warfighters and allied customers worldwide.”
Heaviside will use the Series B financing to ramp the company’s production capacity, accelerate hiring, fulfill existing customer commitments, and meet future demand. With existing facilities in Los Angeles, California, and Oslo, Norway, Heaviside will expand its operational footprint across the U.S., establishing the infrastructure and talent needed for high-volume production of the company’s multi-domain precision munitions platforms.
Learn more about Heaviside Industries online or follow on LinkedIn.
About Nammo
Nammo is an international aerospace and defense company headquartered in Raufoss, Norway. With 27 production sites across 12 countries, Nammo is one of the world’s leading providers of specialty ammunition, shoulder-fired weapons, and rocket motors.
About Heaviside Industries
Founded in 2024, Heaviside Industries builds autonomous precision munitions platforms across air, land, and sea for U.S. and allied forces. Heaviside is headquartered in Los Angeles, California with additional offices in Oslo, Norway.
Heaviside Industries Announces Nammo Partnership, $60 Million Series B
PEREIRA, Colombia (AP) — The search for survivors in the rubble of Colombia’s powerful earthquake grew more desperate on Wednesday, two days after the quake brought down buildings, buckled roads and crushed cars.
The devastation has tested Colombia’s new President Abelardo de la Espriella and his government as it scrambles to respond to the natural disaster and civil society as it pushes to provide aid to the vulnerable communities most affected by the quake.
By Tuesday, de la Espriella said the 7.4 magnitude earthquake had killed at least 181 people and left 2,595 more injured in the west of the country. He said at least 195 remained missing, but civilian-run databases put that number closer to 4,000.
Teams continued to pick through the rubble overnight in the hardest-hit cities of Cali, Pereira, Manizales and Quibdo, as time ticked away for victims to be found — and rescued — alive.
Aid agencies consider the first 48 to 72 hours crucial for retrieving survivors, though that threshold can be extended if they have access to food and water.
There have been fleeting moments of hope amid the devastation: rescuers pulling a baby covered in dust through a hole in a concrete wall, and onlookers cheering as teams lifted a woman onto a stretcher.
In many areas, the official response to the disaster has been complicated by the ongoing crises of deep poverty and civil warfare that has forced displacement for decades.
“This earthquake compounds an already severe humanitarian situation, and there is a need for increased support for the humanitarian response,” said Giovanni Rizzo, Colombia director for the Norwegian Refugee Council.
Many aid organizations were already on the ground at the epicenter of the quake in Colombia, supporting a 2016 peace accord between the government and leftist rebels and responding to violence involving other armed groups that has persisted since then, particularly in Choco.
That presence allowed humanitarian workers to quickly pivot to disaster relief, said María José Torres, the U.N. resident coordinator in Colombia.
“We have a presence on the ground. Therefore, our ability to be there, present with the people, I think, has increased exponentially,” Torres said in a statement Tuesday.
At the same time, aid from other countries and nonprofits abroad continued to roll in.
The U.S. has offered over $15 million in aid and Mexico’s president said she is prepared to send hundreds of search and health workers, tons of health supplies and other equipment.
On Tuesday afternoon, Salvadoran President Nayib Bukele said his country would send two planes loaded with 100 tons of aid in the coming days.
“Our prayers are with the families of the victims, the wounded and all the Colombian people,” Bukele wrote on X.
Suarez reported from Bogota, Colombia, and Janetsky reported from Mexico City. Associated Press writers Edith M. Lederer at the United Nations and Manuel Rueda in Bogota contributed to this report.
Neighbors embrace as rescue workers search through the rubble of a collapsed apartment building the day after an earthquake struck Cali, Colombia, Tuesday, Aug. 11, 2026. (AP Photo/Ivan Valencia)
Volunteers and rescue workers use buckets to remove debris of a collapsed building a day after an earthquake struck Cali, Colombia, Tuesday, Aug. 11, 2026. (AP Photo/Santiago Saldarriaga)
Patients from a clinic evacuated due to earthquake damage lie in beds at a temporary facility set up in a gymnasium at a nearby school in Cali, Colombia, Tuesday, Aug. 11, 2026. (AP Photo/Santiago Saldarriaga)
Rescue workers carry Diana Troncoso after pulling her from the rubble the day after an earthquake struck Cali, Colombia, Tuesday, Aug. 11, 2026. (AP Photo/Ivan Valencia) CORRECTION: Changes city to Cali, not Pereira.
