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First Breach

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Ammunition components, finished rounds, and unmanned aerial systems.

Hagerstown, United StatesDefence
Valuation $42M Market cap · 2026
Revenue $384K Latest reported FY

About First Breach

First Breach Inc. is a defense technology company that manufactures and sells ammunition, ammunition components, and unmanned aerial systems. Founded in 2018 by the father-and-son team of Jeffrey Low (CEO) and Jordan Low (President and COO), the company is headquartered in Hagerstown, Maryland. The company's name honors Jordan Low's service as a sharpshooter in the Israeli military's prestigious Golani Brigade, with his unit, Unit 51, translating to “The First Breachers” in Hebrew. Jordan's military background and his father Jeffrey's entrepreneurial experience in developing and operating numerous outpatient centers formed the foundation of the company. First Breach has established a vertically integrated manufacturing platform, operating from a historic former Fairchild Republic aviation plant in Hagerstown. This allows for in-house production of a wide range of products, including brass cups, brass casings, full-metal-jacket projectiles, lead cores, and finished centerfire cartridges for pistols and rifles. The company emphasizes rigorous quality control and holds ISO 9001:2015 certification. This integrated model is designed to control quality, mitigate supply chain risks, and improve cost efficiencies. Its client base spans the commercial, law enforcement, homeland security, and government sectors, utilizing a distribution model that includes wholesale channels, e-commerce, and direct sales. In August 2026, First Breach achieved a significant milestone by beginning to trade on the NASDAQ Capital Market under the ticker symbol FBDT. Beyond ammunition, the firm is expanding into the unmanned aerial systems (UAS) market. It formed a joint venture, First Forge Technologies Inc., to produce advanced UAS platforms for defense and commercial use. This strategy leverages the company's capabilities in precision manufacturing and engineering to address growing demand for domestically produced defense technologies.

Source: Dealroom company data

At a glance

Status
Listed
Headquarters
Hagerstown, United States
Listing
IPO 2026
Employees
6
Open positions
None listed
Dealroom signal
13.0/100
Industry
Robotics
Sector
Defence, Outside Tech, Drones, Aviation and Aerospace
Business model
Manufacturing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
IPO✓Exit Aug 2026 $0 — Undisclosed ↗
POST IPO CONVERTIBLE✓Other financing May 2026 $16M — Undisclosed ↗
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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMargin
2026 $384K 0% −$8.6M -2239.9% −$14M -3598.3%
2025 $384K -50.4% −$8.6M -2239.9% −$14M -3598.3%
2024 $774K — −$4M -511.1% −$6.1M -784.9%
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Growth signals

First Breach website traffic

Latest recorded traffic for First Breach is 3.1K monthly website visits, up 40.9% over the last three months. First Breach's team declined 33.3% over the past year.

Latest monthly visits3.1K 3-month web change+40.9% 1-year team growth-33.3%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

  • Paulson Investment Company
Employees 6 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about First Breach on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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