Firehawk Raises $150M to Scale U.S. Artillery Motor Output
New York – October 29, 2026 -- Dallas-based Firehawk Defense announced a $150 million funding round and said it expects to become the largest U.S. producer of artillery motors by the end of 2027, according to the NYSE's pre-market update delivered by Kristen Scholer.
Firehawk plans more than 100,000 artillery motors next year
The startup will use the proceeds to expand its Great Plains Arsenal in Oklahoma and an integration facility in Mississippi. Firehawk targets output of more than 100,000 artillery motors next year.
Hex lifts its valuation to $1.2 billion after a record revenue quarter
Hex raised its valuation to $1.2 billion and introduced Hex 4.0, which it describes as a from-scratch rewrite for the era of agents. The company said it is coming off the best revenue quarter in its history. Founder and CEO Barry McCardel will join NYSE Live to discuss the company's next moves.