L3Harris Technologies Raises $35B in Public

L3Harris Technologies has successfully raised $35B in a Public at a $38B valuation led by Public.

Company Overview

L3Harris Technologies is a Aerospace company headquartered in 1025 West NASA Boulevard, Melbourne, FL 32919, founded in 2019 with 47000+ employees.

Defense technology company

Fundraising Details

Amount Raised: $35B
Round Type: Public
Valuation: $38B
Date: 2024-01-01
Investors: Public

About L3Harris Technologies

Defense technology company The company is positioned in the Aerospace sector, serving a growing market with innovative solutions.

Key Information

Headquarters: 1025 West NASA Boulevard, Melbourne, FL 32919
Founded: 2019
Team Size: 47000+
Industry: Aerospace

What This Means

This funding round demonstrates strong investor confidence in L3Harris Technologies's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Aerospace sector continues to attract significant investment as companies innovate to meet evolving market demands. L3Harris Technologies's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $38B valuation marks an important milestone for L3Harris Technologies, positioning the company among notable players in the Aerospace industry.

Looking Ahead

With this new capital, L3Harris Technologies is well-positioned to execute on its growth strategy and continue building innovative solutions in the Aerospace space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-01-01. For more information about L3Harris Technologies, visit their headquarters at 1025 West NASA Boulevard, Melbourne, FL 32919.