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PRESS RELEASE
Issued by:

Sagewind Capital announces majority investment in Aechelon Technology
Monday, 25 November 2024

Sagewind Capital LLC, a government technology-focused U.S. private equity firm with offices in New York City and the Washington, DC area, announced today a majority investment in Aechelon Technology, Inc.. Aechelon is a premier provider of image generation software and complex databases enabling live-virtual-constructive training, mission rehearsal, sensor exploitation and command and control for full-flight aircraft simulators that train pilots across the U.S. Department of Defense (DoD).

Founded in 1998 and based in San Francisco, Aechelon is a trusted partner for government agencies, defense prime contractors, and DoD agencies. The Company aims to set a new standard in immersive visualization, enhancing training and safety outcomes through exceptional image quality and industry-leading system performance. Aechelon leverages cutting-edge hardware, software technologies, machine learning and computer vision to build advanced visual solutions.

Raj Kanodia, Managing Director of Sagewind Capital, said, “In today’s environment, the importance of training and readiness is at an all-time high. As the demand for immersive simulation products grows, Aechelon is uniquely positioned to lead the way with its visualization capabilities. We are proud to partner with Nacho and his team to support mission-critical military training.”

Ignacio (Nacho) Sanz-Pastor, CEO of Aechelon, said, “We are thrilled to join forces with the Sagewind team, one of the leading investors in the defense industry. Their expertise will enable us to scale our operations and achieve transformative growth. This is an exciting new chapter for our company, employees, and customers.”

Aechelon is Sagewind’s eighth platform investment in the government technology sector.

Contact details from our directory:
Aechelon Technology, Inc. Simulation Systems
Related directory sectors:
Personnel & Training