Heaviside Industries Announces Nammo Partnership, $60 Million Series B.
Agreement with Nammo, a Norway-based leader in munitions, will provide warheads for Heaviside’s precision strike platforms. Series B round values Heaviside at $600M three months after emerging from stealth mode.
LOS ANGELES, August 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.
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.
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.
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.
Heaviside Industries was founded in 2024 in Los Angeles, CA with a mission of building autonomous precision munitions for U.S. and allied special operations and conventional forces.
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