L3Harris Technologies
L3Harris Technologies Raises $35B in Public
Quick Facts
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.
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