Global law firm Hogan Lovells Cadwalader has advised Berlin-based SPREAD GmbH (SPREAD AI) on a strategic investment by Lockheed Martin Ventures, the venture capital arm of Lockheed Martin. The investment was made under the at least USD 100 million that Lockheed Martin Ventures has earmarked for the U.K. and Europe following the expansion of its fund to USD 1 billion, and extends SPREAD’s USD 30 million Series B round announced in April 2026.
SPREAD provides an AI-native Product Lifecycle Operating System for manufacturers of complex mechatronic systems across the automotive, industrial, and defense sectors. By unifying fragmented product data into a functional “Product Twin”, SPREAD bridges design intent with real-world agentic AI execution, extending from early R&D into field quality and service.
Lockheed Martin is one of the world’s largest defense and aerospace companies and a global leader in advanced technology and innovation. Its venture capital arm invests in technologies that complement the group’s national security capabilities and strengthen the transatlantic defense industrial base. The investment was announced at the Farnborough International Airshow in July 2026.
Hogan Lovells Cadwalader regularly advises long-standing client SPREAD on financing rounds and strategic transactions, including its Series B round earlier this year. The team, co-led by partner Maximilian Broermann and senior associate Lucie Arntz, and supported by Markus Henrich, handled the corporate, foreign investment control and intellectual property aspects of the investment. Partner Christian Ritz provided guidance on foreign investment control, while counsel Prof. Dr. Fabian Pfuhl and senior associate Felix Ackermann advised on intellectual property.
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