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Impossible Objects Closes $40M Series B

Impossible Objects Closes $40M Series B

Quick Summary

• The Pentagon, along with deep-pocketed collaborators in the private sector, is urgently coordinating the buildup of all the elements necessary for a domestic US drone supply chain. Even so, those...

Additional Context

The Pentagon, along with deep-pocketed collaborators in the private sector, is urgently coordinating the buildup of all the elements necessary for a domestic US drone supply chain. Even so, those in the department most directly responsible for accelerating innovation have cautioned that it would take quite some time for the US to catch up to Ukraine’s drone production capabilities.

From a business perspective, the most obvious takeaway is that the new procurement environment should add value for any company that can help American drone capacity evolve more rapidly. Chicago’s Impossible Objects, which makes 3D printers that leverage the company’s Composite Based Additive Manufacturing (CBAM) technology, and also offers print services using its CBAM printers, says that it can help the US Ar

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