Business

Sagetech Avionics Receives $12M Investment

Editor

01 Sep 2021 — 1 min read

Sagetech Avionics Inc., an innovative technology company providing industry-leading avionics solutions for Uncrewed Aerial Systems (UAS), announced recently that the company received a $12 million investment from Due West Partners, a Seattle-based private investment firm.

The investment will enable acceleration of Sagetech's product roadmap, specifically UAS Detect and Avoid (DAA) capability and other related technologies. Terms of the transaction were not disclosed.

Tom Furey

Sagetech Avionics provides the most advanced technology core for type certifiable detect and avoid systems for UAS. With this investment, Sagetech will expand their Engineering and Go-To-Market teams in order to support the growing demand for DAA and other situational awareness solutions worldwide.

Nick WellmonRobert Dickinson

Source: Press Release

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