Progeny Systems Overview

  • Year Founded
  • 1995

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 516

Employees

  • Latest Deal Type
  • M&A

Progeny Systems General Information

Description

Operator of an engineering company intended to drive down the overall cost of combat system upgrades. The company offers software and hardware system integration, computer vision, cutting-edge research and development, manufacturing, other premium systems, defense systems integration, advanced information systems, services, and their products, enabling clients to get future technology upgrades easier and less costly than replacing obsolete combat systems.

Contact Information

Website
www.progeny.net
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly Accelerator/Incubator backed
Primary Industry
Aerospace and Defense
Corporate Office
  • 9500 Innovation Drive
  • Manassas, VA 20110
  • United States
+1 (703) 000-0000

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Progeny Systems Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 12-Aug-2022 Completed Generating Revenue
2. Accelerator/Incubator 01-Apr-2020 Completed Generating Revenue
1. Grant 07-Sep-2019 $141M Completed Generating Revenue
To view Progeny Systems’s complete valuation and funding history, request access »

Progeny Systems Patents

Progeny Systems Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2002247334-A1 System and method for calibration and verification of a sample analysis instrument Inactive 16-Mar-2001

Progeny Systems Executive Team (3)

Name Title Board Seat Contact Info
Walter Kitonis III President and Chief Executive Officer
Patrick Brady Chief Operating Officer & President
You’re viewing 2 of 3 executive team members. Get the full list »

Progeny Systems Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Progeny Systems Former Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
National Aeronautics and Space Administration Government 000 0000 000000 0
National Science Foundation Innovation Corps Program Accelerator/Incubator 000 0000 000000 0
U.S. Department of Transportation Government 000 0000 000000 0
US Department of Homeland Security Government 000 0000 000000 0
United States Department of Defense Government 000 0000 000000 0
To view Progeny Systems’s complete investors history, request access »

Progeny Systems FAQs

  • When was Progeny Systems founded?

    Progeny Systems was founded in 1995.

  • Who is the CEO of Progeny Systems?

    Walter Kitonis III is the CEO of Progeny Systems.

  • Where is Progeny Systems headquartered?

    Progeny Systems is headquartered in Manassas, VA.

  • What is the size of Progeny Systems?

    Progeny Systems has 516 total employees.

  • What industry is Progeny Systems in?

    Progeny Systems’s primary industry is Aerospace and Defense.

  • Is Progeny Systems a private or public company?

    Progeny Systems is a Private company.

  • What is Progeny Systems’s current revenue?

    The current revenue for Progeny Systems is 000000.

  • Who are Progeny Systems’s investors?

    National Aeronautics and Space Administration, National Science Foundation Innovation Corps Program, U.S. Department of Transportation, US Department of Homeland Security, and United States Department of Defense have invested in Progeny Systems.

  • When was Progeny Systems acquired?

    Progeny Systems was acquired on 12-Aug-2022.

  • Who acquired Progeny Systems?

    Progeny Systems was acquired by General Dynamics Mission Systems.

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