United States Navy

The United States Navy, established on October 13, 1775, operates under the Department of the Navy, which was formed on April 30, 1798. The Navy consists of three main components: the Navy Department, which includes executive offices primarily located in Washington, D.C.; the operating forces, which encompass the Navy, the Marine Corps, and reserve components; and the shore establishment. The Navy's mission is to safeguard national security, promote democracy, and support peace and prosperity globally. Committed to the highest standards of service, the Navy is comprised of dedicated Sailors and Civilians who exemplify core values of Honor, Courage, and Commitment. In both wartime and peacetime, the Navy plays a crucial role in defending the nation, demonstrating strength and resilience in the face of challenges while upholding a proud tradition of service.

Paul Craig

Commanding Officer

12 past transactions

DLT Solutions

Grant in 2022
DLT Solutions, Inc. is a technology solutions provider based in Herndon, Virginia, specializing in serving federal, state, and local governments, as well as the education, utilities, and healthcare sectors. Established in 1991, the company offers a wide range of services including application lifecycle management, cloud computing, cybersecurity, digital design, geospatial solutions, IT consolidation, and data analytics. DLT Solutions has established partnerships with prominent IT manufacturers such as Google, Amazon, Oracle, and Red Hat to deliver comprehensive solutions that support public sector clients in achieving their operational goals. The company is recognized for its strong track record and was honored as a top contractor in the GSA IT Catalog. DLT Solutions operates as a subsidiary of Tech Data Corporation, reflecting its commitment to providing high-quality technology solutions and services.

Rolls-Royce

Convertible Note in 2021
Rolls-Royce is a British industrial technology company that specializes in integrated power and propulsion solutions. Established in 1884, it operates through three core business segments: Civil Aerospace (commercial aircraft engines), Power Systems (marine, defense, power generation systems), and Defence (military aerospace engines, naval engines, submarine nuclear power plants). The company also offers comprehensive aftermarket services.

ObjectSecurity

Grant in 2020
ObjectSecurity is a cybersecurity company based in San Diego, California, and Berlin, Germany, focused on simplifying and automating security in complex IT environments. The company offers a range of innovative security automation technologies designed to enhance the management of security policies and risks. Its key products include OpenPMF, which automates security policy management; SCRAMS, a tool for analyzing supply chain risks; and VAPTBOX, an AI-driven security testing solution. By enabling automatic policy generation and updates based on business security requirements, ObjectSecurity aims to make application security more proactive, manageable, and cost-effective for its clients, ultimately reducing risk in their operations.

Elemental Impact

Grant in 2018
Elemental Impact is a consulting organization established in 2009, dedicated to promoting sustainability and environmental stewardship within the business sector. Based in Honolulu, Hawaii, it focuses on initiatives that encourage waste reduction, recycling, and efficient resource utilization across various industries. By providing resources, tools, and guidance, Elemental Impact assists companies in adopting sustainable practices that enhance operational efficiency and environmental responsibility. The organization emphasizes the importance of equity and access in climate solutions, filling critical gaps in funding innovative climate technologies for real-world applications. Through collaboration, education, and advocacy, Elemental Impact aims to cultivate a culture of sustainability and create a positive impact on the planet.

GrammaTech

Grant in 2017
Founded in 1988, GrammaTech develops and markets software-development tools for diverse industries. Its products include CodeSonar (source-code analyzer), CodeSentry (security risk management), CodeSurfer (code browser), Ada-ASSURED and Ada-Utilities (Ada language tools), and Software Evolution Library (open-source tool for modifying existing software). GrammaTech's tools are used worldwide by startups, Fortune 500 companies, educational institutions, and government agencies.

Hydronalix

Grant in 2017
Founded in 2009, Hydronalix has become recognized as a leader and international symbol in robotics innovation for beach and flood rescue with Their successful patented EMILY product line. Their Mission is to provide enhanced value added capabilities to first responders, earth scientists, military, and safety to the maritime industry. Their focus is on development of small expendable maritime robotic technologies to support missions ranging from search and rescue, bathymetric mapping and underwater ISR, to meteorological station keeping and data gathering, in challenging open ocean and littoral marine environments. They have 11,000 square feet of Engineering, Office, and manufacturing space in Sahuarita, AZ. Water testing is performed at Silver-Bell, Patagonia, and Sahuarita Lakes in Arizona. Ocean and surf zone testing is performed in San Diego, Venice Beach, and Malibu, CA. Company sales are both domestic and overseas with export distribution through out Asia, Europe, and the Americas. The company maintains a growing staff of skilled engineers and technicians performing advanced development services and products for the Navy, NOAA, DARPA, and DHS. In addition to EMILY, the company produces a complete product line of advanced Autonomous Mobile Buoys (AMB). The company’s executive leadership team has collective experience of over 200 years in Ocean and Marine Engineering, Robotic systems, advanced sensors, manufacturing, and materials science.

International Institute for Nanotechnology

Grant in 2015
Northwestern made the bold strategic decision to establish the International Institute for Nanotechnology (IIN), the first institute of its kind in the country. Today, the IIN represents and unites more than $800 million in nanotechnology research, educational programs, and supporting infrastructure.

Elemental Impact

Grant in 2013
Elemental Impact is a consulting organization established in 2009, dedicated to promoting sustainability and environmental stewardship within the business sector. Based in Honolulu, Hawaii, it focuses on initiatives that encourage waste reduction, recycling, and efficient resource utilization across various industries. By providing resources, tools, and guidance, Elemental Impact assists companies in adopting sustainable practices that enhance operational efficiency and environmental responsibility. The organization emphasizes the importance of equity and access in climate solutions, filling critical gaps in funding innovative climate technologies for real-world applications. Through collaboration, education, and advocacy, Elemental Impact aims to cultivate a culture of sustainability and create a positive impact on the planet.

Intellicheck Mobilisa

Grant in 2010
Intellicheck Mobilisa, Inc. develops and markets wireless technology and identity systems to mobile and handheld wireless devices for the government, military, and commercial markets. The company's commercial identification products include IDvCheck, a document verification software for reading and verifying, in one swipe or scan, the encoded format contained on the U.S. and Canadian driver licenses, state issued non-driver identification cards, and military IDs. Its defense security products comprise Defense ID System that reads barcodes, magnetic stripes, and RFID and OCR codes printed on identification cards to offer law enforcement personnel and military security officers additional information for protecting their facilities. The company's wireless communications products and services comprise Wireless Over Water Technology, which allows users to access the Internet while in motion on water; Floating Area Network, a communications methodology for the U.S. Navy; Littoral Sensor Grid, which measures, monitors, and informs in real time a terrorist attack or accidental environmental conditions to an operations control center; and AIRchitect, a wireless LAN design expert system that allows a network engineer to design a wireless network. It also provides wireless services, including wireless environment analysis, custom wireless network design and application, and custom wireless application development. Its products are used in commercial fraud protection, age verification, productivity enhancement, access control, and law enforcement sectors. The company sells its products directly, as well as through resellers and license agreements. Intellicheck Mobilisa, Inc. was founded in 1994 and is headquartered in Port Townsend, Washington.

BAE Systems

Grant in 2010
BAE Systems is a British multinational defense, security, and aerospace company, recognized as the largest defense contractor in Europe and a key supplier to the US Department of Defense. The company specializes in the design, development, manufacture, and support of a wide range of defense and aerospace systems utilized across air, land, sea, and space. Its offerings include electronic systems for military and commercial use, security products for law enforcement, armored combat vehicles, artillery systems, and intelligent munitions. BAE Systems operates through five main segments: electronics systems, cyber, security and intelligence, platforms and services, and air, each focusing on specific aspects of defense technology and support solutions. Additionally, BAE Systems provides through-life support, logistics, and systems integration services, catering to the needs of the Australian Defence Force and other security customers.

Optics 1

Venture Round in 2010
Optics 1 is a company that specializes in optics, opto-mechanics, and electro-optics, focusing on the design, development, and production of integrated systems and subsystems for the defense sector both in the United States and internationally. Its product offerings include laser rangefinders, markers, visual augmentation systems, precision north finding and inertial navigation systems, and targeting solutions, as well as OEM custom solutions tailored to meet specific client needs. In addition to its defense-related products, Optics 1 also manufactures a variety of commercial products for the medical, biotechnology, and electronics industries, providing a diverse range of electro-optical products, systems, and sensors to its clients.

General Dynamics

Grant in 2009
Founded in 1899, General Dynamics operates as a global aerospace and defense company. It specializes in designing, manufacturing, and supporting advanced business-jet aircraft; combat vehicles, weapons systems, and munitions; naval ships; and mission-critical information systems and technologies. The company serves various markets, including the U.S. military, international allies, commercial customers, and government agencies.
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