“Shield Capital focuses on frontier technologies that matter to a secure future for free nations, and these AI-enabled imaging systems meet a large, important and unmet worldwide need.” “We invested in Overwatch Imaging because of their technical expertise and traction in using AI-at-the-edge in their unique airborne imaging systems,“ said Raj Shah, managing partner of Shield Capital and former director of the Pentagon’s Defense Innovation Unit. Further enabled by the network and resources that Squadra and our co-investors bring, we fully expect the company to have a massive impact in national security and defense intelligence, as well as civil applications, both domestically and internationally.” “Overwatch Imaging has immense traction and rapid growth within the public safety and search and rescue industries. “We’re excited to partner with Overwatch Imaging CEO Greg Davis, who consistently demonstrates he has the skills, experience and vision that will lead the company to the next level,” said Guy Filippelli, managing partner of Squadra Ventures. Tenax Aerospace is one of the company’s biggest customers and it invested in the company in the spring of 2019. Guy Filippelli, managing partner of Squadra Ventures, and Raj Shah, managing partner of Shield Capital, will join Major General (ret.) Jim Linder, president of Tenax Aerospace, and Overwatch Imaging founders Greg Davis and Nick Anderson on the company’s Board of Directors. I look forward to working closely with them as we quickly scale our company to support the brave men and women worldwide who rely on intelligence from our systems.” “Our highly respected group of investors brings not only capital to accelerate our growth, but also an amazing experience and valuable networks. “We have extremely ambitious growth goals for our company and are committed to making a major positive impact in missions that matter around the world,” said Greg Davis, CEO of Overwatch Imaging. 5000 and the Deloitte Technology Fast 500, and currently has 25 employees working in a 6,500 square foot office and manufacturing space in Hood River, OR. Overwatch Imaging received several fastest-growing company honors in 2021, including the Inc. It has integrated imaging systems on 12 piloted aircraft types and 10 drone models, and its technology is used in daily operations in the U.S., Australia and Europe. Forest Service and the primary provider of maritime search payloads to the European Maritime Safety Agency (EMSA) Remotely Piloted Aircraft System (RPAS) program. The company is the leading provider of aerial wildland fire map data to the U.S. The dual-use imaging systems are used in defense applications, search and rescue, maritime and coastal patrol, wildfire mapping, natural disaster response, infrastructure inspections and more. Overwatch Imaging systems help organizations quickly find what they are looking for from the air, so they can focus less on the search and more on the best response. The company plans to hire 15 to 20 more engineers and business development personnel this year. To browse through the available picks for yourself, head to the Steam hub here.The funds will be used to accelerate Overwatch Imaging’s growth worldwide, including meeting high demand for its products, enhancing its automation and image analytics software, and expanding into new market segments. The latest Steam Summer Sale is now live worldwide. Yonder: The Cloud Catcher Chronicles – $14.00 (was $35.00).The Great Ace Attorney Chronicles – $35.61 (was $57.45).The Dark Pictures Anthology: Little Hope – $19.98 (was $49.95).Ruined King: A League of Legends Story – $26.97 (was $44.95).Final Fantasy 7 Remake Intergrade – $81.61 (was $114.95).Divinity: Original Sin 2 – Definitive Edition – $25.98 (was $64.95).Bloodstained: Ritual of the Night – $27.89 (was $92.90).Best deals from Steam Summer Sale June 2022 Read: How Borderlands and Tiny Tina matured in the making of WonderlandsĮditor’s Note: All prices listed are in Australian Dollars – but given the Steam Summer Sale is global, you can expect equivalent discounts in other regions.
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