Aechelon lands Sagewind's backing

Private equity firm Sagewind Capital has acquired the majority ownership of Aechelon Technology, a provider of image generation software and real-time computer graphics systems for use in training programs.

With this transaction announced Nov. 25, Aechelon becomes portfolio company number eight for Sagewind in the government technology market. No financial terms of the move were disclosed.

Aechelon opened for business in 1998 to make image and data generation systems and databases for use in mission rehearsal, sensor exploitation, live-virtual-constructive training and command-and-control functions. The idea is to help enable full-flight aircraft simulators that military operators use to train pilots.

San Francisco-headquartered Aechelon also touts out-the-window displays, sensor databases and integration services as among its core offerings.

The company has recorded approximately $10.7 million in unclassified prime contract revenue over the trailing 12 months with substantially all of that from the Navy, according to USASpending.gov. Larger defense contractors also are included in Aechelon’s customer base.