Radar · Aerospace, Maritime and Defense in Indiana
Best Aerospace, Maritime and Defense Companies in Indiana, United States
The 43 best Aerospace, Maritime and Defense companies in Indiana, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Lite Magnesium.
By Riya SenguptaFinancials
43companies tracked
$2.9Mdisclosed funding
0unicorns
2have raised
FLIAR INTELLIGENCE · AEROSPACE, MARITIME AND DEFENSE × INDIANA
Our analysis of 50 Aerospace, Maritime and Defense companies
$6.7b in tracked funding; 89% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
50companies analysed
89%cloud-native stacks
2025funding peak (by rounds)
3unicorns
2017median founding year
Ranked: Best Aerospace, Maritime and Defense companies in Indiana
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Lite Magnesium Provider of end-to-end solutions in designing, casting, machining, and production phases for magnesium… | $2M | 35 mo ago | Seed | Bala Jeldi Founder & Chairman | 2020 | — | — | — |
| 2 | Bowmar Designs and manufactures gearing & assembling components to aerospace and defense industries | $675K | 197 mo ago | Early Stage | Jeanice Croy CEO | 1951 | PHPAzureApache HTTP Server+1 | — | — |
| 3 | Aerodyn Provider of aerospace and defense based services | $270K | 133 mo ago | Funding Raised | — | 2002 | WordPress Block EditorWordPressMySQL+19 | — | — |
| 4 | acbl ACBL is a marine transportation company that specializes in offering inland barge transportation solutions to… | — | — | Private | — | 1915 | WordPressMySQLMariaDB+29 | — | 1 job opening · 1 award |
| 5 | Aearo Technologies Designs and manufactures thermal acoustic systems and cabin interiors | — | — | Acquired | — | 1990 | — | 3 patents Adjustable, multi-color earplugs with variable attenuation for hearing protection | — |
| 6 | AM General Manufactures and supplies specialised vehicles for military and commercial customers | — | — | Acquired | — | 1970 | Cart FunctionalityWordPressApple iCloud Mail+24 | 68 patents Armored vehicle structural components and blast‑protected cab systems | — |
| 7 | Attco Manufacturer specializing in components for aerospace technologies, leveraging its expertise to deliver… | — | — | Unfunded | Rick Verwilst CEO | 1962 | — | — | — |
| 8 | Barletta Boat Company Manufacturer of pontoon boats | — | — | Acquired | Bill Fenech Co-Owner | 2017 | HubSpot CMS HubApple iCloud MailAmazon Web Services+26 | 14 patents Modular design and flow-control features for recreational pontoon boats. | — |
Top 3 Aerospace, Maritime and Defense companies in Indiana
#1
Seed · Indianapolis, Indiana · founded 2020$1.9Mraised▾
Seed · Indianapolis, Indiana · founded 2020
Lite Magnesium Products Inc. offers end-to-end solutions in designing, casting, machining, and production phases for magnesium components using innovative technologies available in the industry. They aim to provide comprehensive services to their clients.
Funding rounds
- Sep 2023Seed$1.9M
Founders & team
#2
Early Stage · Fort Wayne, Indiana · founded 1951 · 42 employees$675Kraised▾
Early Stage · Fort Wayne, Indiana · founded 1951 · 42 employees
Bowmar, serving the aerospace and defense industries for more than six decades, is a trusted, recognized leader for Human-Machine Interface Solutions, Custom Gear Products, Line Replaceable Units (LRU’s) and Subsystems.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 846 LinkedIn followers — 2.8% of this cohort's audience
Hiring: 5 hiring posts in 12 mo (public) · hiring: Mechanical Engineer II, Staff Accountant
Founders & team
Tech stack
Craft CmsPhpLeafletYiiBootstrapAzure
#3
Funding Raised · Indianapolis, Indiana · founded 2002 · 100 employees$270Kraised▾
Funding Raised · Indianapolis, Indiana · founded 2002 · 100 employees
Provider of aerospace and defense based services
LinkedIn Pulse recent public activity · Jul 2026
Audience: 919 LinkedIn followers — 3.1% of this cohort's audience · 17 engagements/post (1.6× cohort median)
Funding rounds
- Jul 2015Grant (prize money)$270K
Investors
National Science Foundation, Elevate Ventures
Tech stack
CloudflareCloudflare Bot ManagementCookiebotFont AwesomeGoogle AnalyticsGoogle Font Api
Funding & investor landscape
$2.9Mtotal disclosed funding
3companies funded
2disclosed rounds
0rounds last 90 days
Most active investors
Prism market signals · United States · country-scoped Prism corpus, 1,424,695 docs
Market landscape — 10 sub-themes by coverage
Share of Aerospace, Maritime and Defense coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · United States
How research on Defense Technology is moving in the United States
A read on the academic research around Defense Technology — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 462 United States-affiliated papers.
research sentiment over time
200820172026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 18% → 29% across 2008–2026.
top research entities
- Pennsylvania State University19
- United States Air Force Research Laboratory15
- United States Naval Academy12
- U.S. Air Force Institute of Technology10
- Naval Postgraduate School9
leading researchers
Stephen J. Cimbala · Charles Cerny · Richard K. Martin · James Tsui · Chi‐Hao Cheng · David Lin · Mary Lanzerotti · SaiDhiraj Amuru
▲
Breakthroughs85 · 18%
▲ 12%→29% share
▲2.4× share momentum1 median citations38% since 2021mostly methods-led
Breakthroughs are rising (12%→29% of field), led by Photonics.
rising sub-themes (early→recent)
- Photonics2→4
- Jamming6→7
Newly emergingRobustness (evolution) 0→6 · Scalability 0→6
Landmark Jamming Bandits—A Novel Learning Method for Optimal Jamming · 90 cites
◆
Advancements135 · 29%
▼ 34%→26% share
▼0.8× share momentum2 median citations21% since 2021mostly methods-led
Advancements are cooling (34%→26% of field), led by Electronic warfare.
rising sub-themes (early→recent)
- Electronic warfare55
- Radar36
- Missile32
- Missile defense18
- Jamming12
Newly emergingDrone 0→5
Landmark Plasma physics and related challenges of millimeter-wave-to-terahertz and high power microwave generation · 624 cites
▼
Concerns150 · 32%
▼ 33%→29% share
▼0.9× share momentum1 median citations21% since 2021mostly position pieces
Concerns are cooling (33%→29% of field), led by Aerospace engineering.
rising sub-themes (early→recent)
- Aerospace engineering2→4
- Cruise missile4→5
Landmark A communications jamming taxonomy · 112 cites
RESEARCH HOTSPOTS · United States
Where defense tech is researched across United States
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Atlanta10 · +0.47
Boston7 · +0.26
SF Bay Area6 · +0.57
New York5 · -0.18
Los Angeles5 · +0.58
PATENT SIGNAL · United States
Who's filing defense tech patents in the United States
United States defense tech patent filing is accelerating — 57 filings from 65 assignees (2016–2025), led by Raytheon, BAE SYS INF & Elect SYS Integ, AAI; annual filings 3→6.
57 filings65 assigneespeak 10/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
- Raytheon17
- BAE SYS INF & Elect SYS Integ15
- AAI10
- Leonardo Electronics US10
- Lockheed10
- Rocky Research7
- Huggett James M5
- Stroili Frank D5
Common questions
How many Aerospace, Maritime and Defense companies are there in Indiana, United States?
Radar tracks 43 indexable Aerospace, Maritime and Defense companies headquartered in Indiana, United States that meet our profile-completeness bar.
What is the total funding raised by Aerospace, Maritime and Defense companies in Indiana, United States?
The Aerospace, Maritime and Defense companies in Indiana, United States on this list have raised a combined $2.9M in disclosed equity funding across 3 funded companies.
Which is the highest-funded Aerospace, Maritime and Defense company in Indiana, United States?
Lite Magnesium is the highest-funded Aerospace, Maritime and Defense company in Indiana, United States, with $1.9M in disclosed equity funding.
How many Aerospace, Maritime and Defense companies in Indiana, United States are funded?
3 of the 43 Aerospace, Maritime and Defense companies in Indiana, United States on this list have disclosed at least one equity funding round.
How many Aerospace, Maritime and Defense unicorns are there in Indiana, United States?
None of the Aerospace, Maritime and Defense companies in Indiana, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Indiana, United States Aerospace, Maritime and Defense companies?
The most active investors in Indiana, United States Aerospace, Maritime and Defense companies on this list include Elevate Ventures, National Science Foundation.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.