Lockheed Martin backs Avalon Holographics with $5.6M for defence displays
What's the deal? Lockheed MartinDealroom has a profile for this one. Try Dealroom → is investing $5.6 million in St. John's-based Avalon HolographicsDealroom has a profile for this one. Try Dealroom → in a corporate round announced in September 2026. The aerospace company is the sole lead investor.
What does Avalon do? The startup builds holographic displays that render digital 3D models without glasses or headsets. It says the technology helps users better understand complex designs.
What's the money for? Lockheed Martin plans to use Avalon's technology for its River-class destroyer program and its submarine command and control system contracts.
Why now? The investment steps up Lockheed Martin's commitment, following an initial $6.1 million round. Lockheed Martin describes Avalon's technology as the first of its kind.
The signal: A defence prime writing a second cheque signals confidence that glasses-free holographic displays have practical uses in complex military systems, moving the technology from novelty toward operational tooling.
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Image credit: Avalon Holographics