Lockheed Martin Supports Q5D, a Wiring Automation Startup

The innovative company Q5D, founded in 2018, recently secured a significant funding round led by Lockheed Martin Ventures, the investment arm of aerospace and defense giant Lockheed Martin Corp. based in Washington DC. This strategic partnership has propelled Q5D into the spotlight, showcasing their cutting-edge technology and solutions.

Q5D specializes in developing robotic tools integrated with computer-aided design and manufacturing software. These advanced tools empower customers to seamlessly incorporate wires, printed conductors, connectors, and 3D polymer features onto complex non-planar surfaces. This unique capability has garnered attention across various industries.

One sector where Q5D has made significant inroads is the automotive industry, particularly driven by the sector's rapid shift towards electric powertrains. The demand for innovative solutions to enhance manufacturing processes aligns perfectly with Q5D's offerings, positioning them as a key player in this evolving landscape.

Stephen Bennington, CEO and co-founder of Q5D, expressed his excitement about the partnership with Lockheed Martin, stating, "We are thrilled to have Lockheed Martin as a strategic investor. The potential market for our technology within the defense sector is vast, and Lockheed Martin's guidance will be instrumental in our expansion into this market both in the US and beyond."

As part of their growth strategy, Q5D is transitioning from project-based revenue to machine sales, marking a significant milestone for the company. With the successful launch of their first hardware products in 2023, Q5D is poised to revolutionize the manufacturing industry with their game-changing technology.