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First Breach

Defence · United States · IPO 2026

Ammunition components, finished rounds, and unmanned aerial systems. MoreLess

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. Keywords: ammunition manufacturing, defense technology, unmanned aerial systems, ammunition components, brass casings, projectiles, centerfire cartridges, NASDAQ FBDT, aerospace and defense, military supplies, law enforcement supplies, government contracts, vertically integrated manufacturing, ISO 9001:2015, defense industry, Hagerstown Maryland, drone technology, Jordan Low, Jeffrey Low, US manufacturing

Valuation $44M
Revenue $384K
Total funding $10–50M

Company overview

First Breach company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
Headquarters
United States
Employees
6
Open positions
None listed
Dealroom signal
13.0
client focusb2bsectorDefencebusiness modelManufacturingsectorOutside TechsectorDronessectorAviation and AerospaceindustryRobotics

Valuation & funding

First Breach funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
IPOExit Aug 2026 $0 Undisclosed
POST IPO CONVERTIBLEOther financing May 2026 $16M Undisclosed
GROWTH EQUITY VCEquity / VC Dec 2021 $16M Paulson Investment Company
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Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

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%
2023
2022
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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%
Monthly website visits42 observations · Nov 2022–Jul 2026
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Comparisons

First Breach compared with similar companies

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Talent graph

First Breach's talent

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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.

Investors

1 investor on First Breach's cap table

Sourced from Dealroom's funding and investor records.

Series B+ 1 investor entered at this stage
Paulson Investment Company

Global footprint

Where First Breach has talent and traffic

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

In the news

Latest news about First Breach

Recent press, funding announcements, and product moves mentioning First Breach — open to read from the original sources.

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Market sentiment

What the market is saying about First Breach

An AI-synthesized read of the highest-engagement posts about First Breach on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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