Progeny Systems Overview
- Year Founded
-
1995
- Status
-
Acquired/Merged
- Employees
-
516
- 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(Operating Subsidiary)
Corporate Office
- 9500 Innovation Drive
- Manassas, VA 20110
- United States
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 |
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 |
Progeny Systems Signals
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 |
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.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »