French defense technology firm Harmattan AI has achieved significant milestones, securing a $200 million Series B funding round led by Dassault Aviation, known for its Rafale fighter jet, elevating the company’s valuation to $1.4 billion. Founded in 2024, Harmattan AI is at the forefront of developing autonomy and mission-system software for defense aircraft and has garnered recognition from the French and British ministries of defense in its brief existence.
The latest funding will empower Harmattan AI to enhance its collaboration with Dassault Aviation, focusing on integrating embedded AI capabilities into future models of Rafales and drones, aiming for solutions that are both sovereign and scalable. This move aligns with the increased demand for innovative defense technologies, particularly following the evolving landscape of military conflicts highlighted by the use of drones in Ukraine.
Key Developments:
- Strategic Partnership: Harmattan AI is redefining its identity, transitioning from being labeled as a “next-generation defense prime” to a collaborative partner in the defense sector.
- Expansion of Offerings: With the new capital, the company plans to broaden its product scope, enhancing capabilities in drone interception, electronic warfare, and Intelligence, Surveillance, and Reconnaissance (ISR).
- Global Ambitions: The company aims to strengthen the armed forces of liberal democracies and their allies, paving the way for potential sales beyond France and Europe. Harmattan AI will showcase its innovations at the World Defense Show in Riyadh next month and is expanding its presence in the U.S.
French President Emmanuel Macron endorsed the funding announcement on social media, highlighting its significance for France’s strategic autonomy and technological capabilities in AI-driven defense solutions.
In July, Harmattan AI set a record by securing a multi-million-dollar contract from a NATO government for AI-enabled small drones, just a year after its inception. CEO and co-founder Mouad M’Ghari emphasized that this latest investment marks a pivotal moment for the company, as it moves into a new phase focused on scaling manufacturing.
Co-founder and CTO Martin de Gourcuff expressed concerns about the shifting international order, underscoring the company’s mission to uphold democratic values in the face of growing geopolitical tensions.
