EpiSci, an Arlington, VA-based autonomous solutions company, received an investment from RTX Ventures.
The amount of the deal was not disclosed.
The company intends to use the funds to accelerate the development of advanced autonomous technologies and will help drive the growth of its Tactical AI technology.
RTX Ventures is the venture capital arm of Raytheon Technologies (NYSE: RTX). As part of this investment, EpiSci will benefit from RTX Ventures’ guidance as the company works to advance and scale its core Tactical AI technology. EpiSci is planning to advance collaborative autonomy solutions and demonstrate the advantages of adopting a model-based autonomy architecture. These areas of potential collaboration have the ability to further enable the development of state-of-the-art tactical autonomy solutions across land, sea, air, and space applications.
Led by Bo Ryu, president, EpiSci is a multidisciplinary innovation company that develops next generation mission autonomy solutions for national security problems. The company specializes in delivering the most trusted and resilient autonomous systems from ground to space applications. Its Tactical AI technology is quickly adaptable to emerging missions and challenges – from building trustworthy AI pilots and precision sensing and effects for F-22 and F-16 aircrafts, and developing advanced wireless tactical communication systems for first responders, to powering autonomous UAV swarms with sensor fusion.
FinSMEs
12/12/2022