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Packet Digital

Packet Digital

Private
Fargo, North DakotaFrontier & Industrial Techhttps://packetdigital.com/

Last Round

Grant

May 6, 2026

Total Funding Raised

$54.42M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Packet Digital is an electrical equipment company that manufactures smart batteries and power systems for use in autonomous unmanned aircraft systems. The company's products provide real-time monitoring of performance data, accurate state of charge information, and automatic self-discharge for storage, enabling operators to extend flight times and ensure safe operation. Packet Digital serves the defense, aerospace, and commercial sectors.

Sector

Frontier & Industrial Tech

Verticals

Defense Tech, Drones & UAVs, Energy Storage

Business Model

B2G

Customer Profile

Government Contracts, Hardware Sales, Services & Consulting, Hardware + Subscription

AI Layer

Application

Keywords

smart batteriesUAS batteriesdrone batteriespower management systemsdefense contractorUS manufacturingunmanned aircraft systemsUASdomestic supply chainpower electronicsB2Gcustom battery designsmart chargersbattery fleet managementonshoringgovernment contractsSmall Business Innovation ResearchSBIRPCB design

Historical Pricing

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Caplight Momentum Score

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Packet Digital Comparables

Compare Packet Digital with similar companies based on industry and business-model similarity.

Packet Digital comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
American Lithium Energy Corporation
86%
Dreamfly Innovations
78%
KULR Technology Group Inc
77%

Packet Digital Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantMay 6, 2026
GrantApr 6, 2026
GrantNov 26, 2025
GrantApr 19, 2024
VC RoundApr 26, 2018
Grant
May 18, 2017

Key People

Founding team and executive leadership

Terri Zimmerman

CEO

Executive Team

Andrew Paulsen

Chief Technology Officer

Executive Team

Packet Digital Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 23, 2026

    Grew 16% QoQ, from 45 to 52 employees.

  • May 6, 2026

    Secured $10M from the U.S. Department of War and U.S. Navy.

Packet Digital Filings

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Packet Digital filings preview — column headings only; records require access
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Frequently Asked Questions

Common questions about Packet Digital's valuation, stock price, and market status.

Is Packet Digital a public or private company?

Packet Digital is a private company.

What is the current stock price of Packet Digital?

Packet Digital is a private company with no public stock price. No recent secondary market data is available.

How much is Packet Digital worth (valuation)?

Valuation information for Packet Digital is not publicly available.

Can I buy Packet Digital stock?

Packet Digital shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Packet Digital's last funding round?

Packet Digital's most recent funding round was Grant on May 6, 2026.

Who are the main investors in Packet Digital?

Key investors in Packet Digital include U.S. Department of Health and Human Services, United States Department of Defense, NIH RADx, Naval Air Warfare Center, U.S. Department of War.

Will Packet Digital IPO soon?

No public IPO plans have been announced for Packet Digital.

How can I track Packet Digital secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Packet Digital's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersFargo, North Dakota
Employee Range41
Year Founded2003
Last FundingMay 6, 2026

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