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Sensor processing software developer SightLine Applications, backed by Artemis Capital Partners, has acquired Athena AI.
Athena AI, an Australia-based specialist in AI-enabled computer vision and decision support for defence applications, is expected to be integrated into SightLine’s core image processing platform.
Athena AI’s interoperable vision-based AI systems and trained models enable real-time situational awareness as well as fast and effective decision-making during critical mission areas involving intelligence, surveillance and reconnaissance, counter-uncrewed aerial systems, fire control, mission planning, and battlefield management.
“The Athena AI team is excited about this next stage of our journey, partnering with Sightline to deepen access in the US market, leveraging industry leading video processing technologies and enabling next generation features for our customers,” according to Stephen Bornstein, Founder and Managing Director of Athena AI and now Chief Product Officer at SightLine.
“We look forward to being able to support key US customers with a stronger presence from the Sightline team as well as the synergies in technology that the integrated product line will now be able to achieve.”
SightLine’s expanded global presence into Australia mirrors the US Department of Defense’s strategic focus on US and Indo-Pacific Command capabilities and positions the company to support the shared AI technology goals of both the United States and Australia as set forth in AUKUS Pillar 2.
“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,” according to Jon Atwood, CEO at SightLine.
“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.”
Mintz, Levin, Cohn, Ferris, Glovsky, and Popeo and Corrs Chambers Westgarth served as legal advisors to SightLine. Cooley and SBA Law served as legal advisors to Athena AI.
