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Meteomatics Secures Strategic Financing

2024-02-01
EXTON, PA, Meteomatics today announced the close of a strategic funding round from Lockheed Martin Ventures.
Meteomatics, the weather intelligence and technology company that enables the world's leading companies to accurately forecast the weather's impact on business, today announced the close of a strategic funding round from Lockheed Martin Ventures, the venture arm of Lockheed Martin Corporation, a global security and aerospace company.

Meteomatics is a weather intelligence and technology company that enables precision forecasts of the weather's impact on businesses anywhere in the world at any time. More than 450 companies, including CVS Health, Tesla, Swiss Re, Airbus, Toyota, Volkswagen and EDF Energy, rely on Meteomatics for weather data that can significantly impact everything from energy savings, logistics and process automation to risk management and product design. The company's robust approach to weather data collection, modeling, visualization and delivery rivals even the most sophisticated government and commercial services. Its autonomous Meteodrone paired with high-resolution weather models enables granular visibility (down to a single square km) into weather phenomena that are not regularly or accurately observed by traditional weather sensing technology.
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