Critical Materials Group raises $10.3M to decentralize U.S. explosives production
Overmatch Ventures backed Kevin Capozzoli and Travis Swanson's modular manufacturing plan, with facility commissioning still ahead.
By RuntimeWire Staff · Published
Primary source: PR Newswire
Why it matters
U.S. munitions output is constrained by concentrated plants, aging equipment and a thin skilled workforce. CMG is betting smaller automated lines can add capacity faster.
Kevin Capozzoli and Travis Swanson have raised $10.3 million in seed funding for Critical Materials Group, their attempt to add smaller, automated production lines to a U.S. explosives supply chain built around a limited number of aging facilities.…
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