Astrion, Crimson Phoenix lift their curtains
Gettyimages.com / Mint Images
By
Ross Wilkers
Brightstar Capital Partners and Godspeed Capital are the private equity investors behind these new names in the market.
Astrion
This 2,800-employee company is backed by Brightstar Capital Partners and now goes to market with its new name after the combination of ERC and Oasis Systems closed in the spring of 2022.
Astrion is led by its chief executive Dave Zolet, who first joined Oasis in early 2023 after prior CEO stints at LMI and CentralSquare Technologies.
Cybersecurity, digital solutions, mission support and systems engineering represent Astrion's core service lines for a customer base that includes the Air Force, Army, Navy, civilian agencies and space clients.
Other key members of Astrion's integrated executive team include Chief Financial Officer Jake Kennedy, Chief Growth Officer Ronald "Fog" Hahn, and Chief Innovation Officer Sharon Hays.
Kennedy and Hahn are former senior executives from Amentum, while Hays' background includes leadership roles at NobleReach Foundation and LMI.
Crimson Phoenix
Backed by Godspeed Capital, this approximately 400-employee company is all about supporting the data and other digital requirements of intelligence community agencies and Special Operations Command.
Crimson Phoenix is led by its chief executive Ross O'Rourke, who also held the CEO roles at IC-1 Solutions and AgileATS. This new company will focus on applying artificial intelligence and machine learning technologies and other related techniques for data analytics and intelligence analysis missions.
Washington, D.C.-headquartered Crimson Phoenix will also work across areas such as cybersecurity, data enablement, software development and intelligence targeting.
Godspeed's other portfolio company in the government market is SilverEdge, a national security technology integrator unveiled with that identity in the summer of 2022.
Crimson Phoenix's own launch takes place close to six months after Godspeed announced the raise of its second fund, which fetched $250 million in commitments from investors.