Expedition Technology Announces Strategic Investment from Razor’s Edge and Enlightenment Capital
Expedition Technology, a leading developer of artificial intelligence (“AI”) and machine learning (“ML”) powered Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance, and Reconnaissance (“C5ISR”) solutions for the Intelligence Community (“IC”) and Department of Defense (“DoD”), announced a strategic investment from both Razor’s Edge, a national security-focused technology investment firm based in Northern Virginia, and Enlightenment Capital, an Aerospace, Defense, Government & Technology investment firm based in the Washington, DC area, to accelerate the Company’s growth across the signals and geospatial intelligence domains. The newly formed partnership brings two of the most experienced investors in national security technology together to support Expedition’s continued delivery of next-generation C5ISR solutions to critical national security customers.
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“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.”
“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.”
“Razor’s Edge and Enlightenment Capital each bring unique capabilities to the table, from strategic scaling to deep technology roots in the national security space,” said Marc Harlacher, CEO of Expedition Technology. “I am thrilled to enter this next phase of growth with such a powerful combination of partners.”
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.
About Expedition Technology
Founded in 2013 and headquartered in Herndon, VA, Expedition designs, develops, and delivers innovative AI/ML data fusion, and battlefield awareness solutions supporting the analysis of signals and geospatial intelligence for the IC and DoD. Expedition uses machine learning, artificial intelligence, and other advanced algorithms, platforms, and technologies to solve the most complex, demanding, and urgent C5ISR challenges for its customers. Through fostering a technology and mission focused culture promoting individual growth, opportunity, and a collaborative team spirit, Expedition pushes the boundaries of what is possible every day. For more information, visit https://www.exptechinc.com/ and follow us at https://www.linkedin.com/company/expedition-technology/.
About Razor’s Edge
Razor’s Edge is a growth equity firm that invests in technology companies solving significant challenges in national security and high-growth commercial markets. In addition to providing capital to accelerate the pace of innovation, Razor’s Edge offers direct and practical operational support informed by decades of collective experience in the national security sector. The Razor’s Edge team works tirelessly to identify disruptive technologies and capabilities that can solve critical mission needs and deliver them to government and commercial customers who need them. For more information, visit www.razorsvc.com.
About Enlightenment Capital
Enlightenment Capital, a Washington, DC area based private investment firm, makes control and strategic, non-control investments in middle market companies in the Aerospace, Defense, Government & Technology (ADG&T) sector. The firm partners with businesses that provide vital services, protect critical infrastructure, innovate cyber and data solutions, enhance decision making capabilities, engineer aerospace and space systems, safeguard national security, and endeavor to meet the challenges of today and tomorrow. For more information, visit www.enlightenment-cap.com and follow us at www.linkedin.com/company/enlightenment-capital.
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