National Security Direct Lending
Rochefort Lending Solutions For Critical Technology Areas
In 2024, Serengeti and Kyle Bass’ firm, Hayman Capital Management, launched Rochefort Asset Management, a Serengeti-affiliated advisor approved by and working with the Department of War and Small Business Administration to finance the growth of businesses critical to our country’s national and economic security.
The Financing Challenge for Critical Technology Companies
Businesses poised for growth often face challenges in securing the capital they need to execute their transformative business plans. Traditional lending options tend to focus on larger facilities for well-capitalized companies, leaving many middle-market businesses underserved.
We focus on providing tailored debt solutions to complex and generally non-sponsored middle-market companies undergoing transformative events. These businesses often face limited options: accept highly dilutive equity investments or struggle to access traditional lending sources.
Our capital solutions enable businesses to complete their transformations, scale their operations, and unlock opportunities to secure more favorable, long-term financing.
By targeting industries that have reached sufficient scale and developed substantial supply chains, customer bases, and recurring revenue streams, we are able to underwrite loans to our rigorous standards.
Our approach allows us to provide capital to companies with proven technologies and commercial viability, even if they have yet to achieve bottom-line profitability. By leveraging contracts and recurring revenue streams, we can extend credit where traditional lenders cannot, helping businesses achieve their full potential.
- Trusted AI & Autonomy
- Microelectronics
- Space Technology
- Integrated Network Systems-of-Systems
- Renewable Energy Generation & Storage
- Human-Machine Interfaces
- Advanced Computing & Software
- Hypersonics
- Directed Energy
- Integrated Sensing & Cyber
- Biotechnology
- Advanced Materials
- Quantum Science
- Future Generation Wireless Technology
Selected Rochefort financings shown for illustration. Inclusion does not imply endorsement of Serengeti or Rochefort.
Recent Deals
AllSpace
Company overview
ALL.SPACE develops multi-orbit, multi-network satellite communications terminals (Hydra series) that deliver simultaneous, resilient connectivity across LEO, MEO, GEO, and cellular networks for defense and tactical operations in contested environments. The company was recently acquired by York Space Systems and continues to operate as a merchant supplier of jam-resistant COTM terminals.
Sector
Defense Tech
Auterion
Company overview
Auterion provides AuterionOS, an open operating system and autonomy platform for drones and robotic systems that enables swarming, AI-guided terminal guidance, and hardware-agnostic interoperability. Recognized by the U.S. Department of Defense as a standard for small UAS programs, its software powers scalable, software-defined autonomous systems for defense applications.
Sector
Defense Tech
Delos
Company overview
Delos (Delos Living) develops indoor environmental intelligence and wellness solutions, including sensors and platforms that improve air, water, and overall building health. Through its Vitacorps joint venture, it deploys these technologies in U.S. military housing to support service member readiness and quality of life.
Sector
Defense Tech
Divergent
Company overview
Divergent operates the Divergent Adaptive Production System (DAPS), an end-to-end digital manufacturing platform that combines AI-driven design, large-scale metal additive manufacturing (including its Monolith One printers), and robotic assembly. It produces complex structures for aerospace, defense (missile airframes, UAV components), and automotive customers at scale without traditional tooling.
Sector
Defense Tech
Firehawk
Company overview
Firehawk Aerospace uses additive manufacturing to produce thermoplastic propellant and solid rocket motors at scale, addressing U.S. munitions supply-chain bottlenecks for systems including Javelin, Stinger, GMLRS, Hydra-70, and artillery. The company is expanding production facilities to increase domestic energetics capacity.
Sector
Defense Tech
Glow
Company overview
Glow is an AI-native endpoint security platform that uses specialized AI agents to continuously map enterprise environments, assess risk in real time, and enforce policies that prevent risky software and AI tools from reaching devices. Founded by veterans of Meta, Snowflake, and Claroty, it focuses on prevention-first security for the AI era.
Sector
Defense Tech
Metatek
Company overview
Metatek Group is a geophysical services company that provides high-resolution subsurface mapping using exclusive next-generation Full Tensor Gravity Gradiometry (eFTG/dFTG) technology originally developed by Lockheed Martin. It supports energy, critical minerals, and national resource exploration programs for governments and resource developers.
Sector
Defense Tech
Red 6
Company overview
Red 6 (Red Six Aerospace) develops ATARS, the world's first outdoor airborne augmented reality training system that overlays realistic synthetic combat scenarios onto live flights. This enables military pilots to train against near-peer threats at high speeds and scale without the cost or risk of traditional live exercises. Founded by former RAF pilot Daniel Robinson, the company has active U.S. Air Force contracts and partnerships with major defense primes.
Sector
Defense Tech
Uo Arms
Company overview
UO Arms is a Dallas-based manufacturer of the NT7 personal defense weapon, a compact 4.6x30mm platform designed for military, law enforcement, and civilian use. Founded by security and firearms industry veterans, the company focuses on lightweight, high-performance systems that bridge the gap between full-size rifles and submachine guns.
Sector
Defense Tech
Tiberius Aerospace
Company overview
Tiberius Aerospace is a modern defense technology company developing next-generation precision-guided munitions and AI-powered defense solutions, including the Sceptre ramjet-powered 155mm artillery round and the GRAIL platform. Founded in 2022, it focuses on rapid development and sovereign manufacturing for the U.S., UK, and allied nations.Ready to Move Forward?
Whether you are a company seeking non-dilutive debt capital to advance critical technology, or an accredited investor interested in a differentiated national security-focused direct lending strategy, the Rochefort team is ready to engage.
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