Artemis, a Boston, MA-based private equity firm focused exclusively on partnering with differentiated industrial tech companies, acquired SightLine Applications, a Portland, and Hood River, Oregon-based developer of image processing electronics and software products for Intelligence, Surveillance and Reconnaissance (ISR) and Counter-Unmanned Aerial Systems (C-UAS) missions across complex domains.
The amount of the deal was not disclosed.
that enable the success of Intelligence, Surveillance and Reconnaissance (ISR) and Counter-Unmanned Aerial Systems (C-UAS) missions across complex domains.
Led by Steve Olson, Co-Founder and President, and Jordan Holt, Co-Founder and CTO, SightLine has delivered field-proven, on-board, AI/ML-enabled video processing solutions optimized for missions performed at the tactical edge for over 15 years. With millions operating hours and more than 35,000 license installations, SightLine has built a reputation as an expert partner to its OEM, Prime Integrator and Government customer base by offering configurable and interoperable products combined with deep application engineering expertise across a range of gimbal, unmanned aerial systems (UAS), unmanned ground vehicle (UGV) and pan-tilt-zoom (PTZ) electro-optical platforms.
Under Artemis’ ownership, SightLine will continue to operate as an independent company from its facilities in Portland, and Hood River, Oregon with customers across the globe.
FinSMEs
07/07/2023