Announced
Completed
Synopsis
Artemis Capital-backed SightLine Applications, a company developing sensor processing software for autonomous and uncrewed systems, completed the acquisition of Athena AI, an Australia-based specialist in AI-enabled computer vision and decision support for defense applications. Financial terms were not disclosed. "The SightLine team is thrilled to announce the acquisition of Athena AI, as it perfectly aligns with SightLine's vision to be the proven leader in sensor processing technologies that enable mission success and autonomy. In addition to broadening our product portfolio, we look forward to delivering high-value feature and functionality improvements to our customers as they pursue advanced autonomy and accelerated decision support. By uniting with the talented Athena team, we are building an organization with complementary strengths to meet emerging defense priorities and evolving end user requirements with agility and application expertise – in order to drive the next phase of SightLine's growth," Jon Atwood, SightLine CEO.
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