Expedition Technology, a developer of artificial intelligence and machine learning-powered C5ISR systems, announced new funding from Razor’s Edge and Enlightenment Capital to accelerate growth in signals and geospatial intelligence.
“Expedition is at the forefront of leveraging AI, ML, and data fusion to transform the modern mission set,” said Jason Rigoli, partner at Enlightenment Capital. “We are excited to partner with Marc and his team to scale these capabilities across the national security community, and to accelerate the Company’s vision and growth through our partnership and strategic investments.”
The partnership brings together two national security-focused investment firms to back Expedition’s expansion across the intelligence community and Defense Department. The company said the support will help it scale delivery of next-generation C5ISR capabilities for critical national security missions.
“Expedition has pioneered AI-fused SIGINT and GEOINT capabilities for the national security mission for over 10 years. Expedition’s mission focus and solutions are exceptional,” said Peggy Styer, co-founder and managing partner at Razor’s Edge. “We look forward to working with Marc and the Expedition team as they continue to solve hard problems.”
Baird served as exclusive financial advisor and DLA Piper LLP served as legal counsel to Expedition Technology. Cooley LLP served as legal counsel to Razor’s Edge and Enlightenment Capital.