# CX2

> CX2 (CX2 Industries) is an El Segundo, California defense-technology startup building AI-enabled hardware and software for the electromagnetic spectrum. Its systems detect, classify, geolocate, and disrupt hostile RF emitters in jammed and GPS-denied environments, aiming to give allied forces an edge in electronic warfare at a fraction of the cost of legacy systems. Founded in 2024 by a team including Nathan Mintz, Porter Smith, Lee Thompson, and Mark Trefgarne, CX2 has raised about $46M, led by a $31M Series A from Point72 Ventures, and launched its Wraith airborne EW platform in December 2025.

- **Founded:** 2024
- **Headquarters:** El Segundo, California, United States
- **Founders:** Nathan Mintz (Co-Founder & CEO), Porter Smith (Co-Founder & Chief Strategy Officer), Lee Thompson (Co-Founder & CTO), Mark Trefgarne (Co-Founder & President)
- **Team size:** ~58-61 employees
- **Products:** Wraith, Vadris
- **Notable:** Raised ~$46M total, including a $31M Series A led by Point72 Ventures (May 2025)., Launched the Wraith airborne EW platform in December 2025., Won a ~$2M DIU DRM3 contract and had Vadris downselected by DIU.

## Products & services

- **Wraith** — An airborne RF reconnaissance and electronic-warfare platform (Group 2 UAS) launched December 2025. Roughly 32 lbs, deployable by two people in minutes and NDAA-compliant, it detects, classifies, and geolocates hostile emitters - GPS jammers, FPV jammers, command-and-control links, drone ground stations - in jammed and GPS-denied environments, navigating via visual odometry and multiband GNSS and producing spectral heatmaps.
- **Vadris** — An RF-seeking payload for low-cost FPV drones that completes a closed kill chain with Wraith under the motto 'Hunt the Archer, not the Arrow.' Downselected by the Defense Innovation Unit for continued evaluation.

## Achievements

- Raised ~$46M total, including a $31M Series A led by Point72 Ventures (May 2025).
- Launched the Wraith airborne EW platform in December 2025.
- Won a ~$2M DIU DRM3 contract and had Vadris downselected by DIU.
- Wraith held accurate geolocation against a 300-watt GPS jammer in testing.
- Flown at NATO's JMRC in Hohenfels, Germany, and evaluated by the U.S. Army.

## Latest updates

- **2025-12** — Publicly launched the Wraith airborne electronic-warfare platform for the jammed battlefield.
- **2025-05** — Announced a $31M Series A led by Point72 Ventures, with a16z, 8VC, 201 Ventures, Pax Ventures, and Upfront Ventures.
- **2025** — Secured a ~$2M DIU DRM3 contract; Vadris RF-seeking payload downselected by DIU.
- **2024-09** — Emerged from stealth; founders published a Wall Street Journal op-ed, 'The Future of Warfare is Electronic.'

## Links

- Website: https://cx2.com
- LinkedIn: https://www.linkedin.com/company/cx2-industries/
- Twitter/X: https://x.com/CX2_Industries

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Profile page: https://yespress.io/cx2
Published by YesPress — https://yespress.io
Last updated: 2026-06-15