Leonid Capital Partners – a leading provider of alternative financing solutions for US Defense contractors – recently announced a strategic investment in EMPEQ, a technology company tackling critical National Security challenges through advanced materials analysis. This facility is tailored to EMPEQ’s Air Force Direct to Phase 2 SBIR contract, underscoring Leonid’s dedication to supporting ventures safeguarding America’s defense infrastructure.
EMPEQ is at the forefront of using computer vision and artificial intelligence to identify military parts and detect defective components. And the innovative software platform leverages cutting-edge technology to identify electronic components with unparalleled accuracy and speed. By partnering with Leonid, EMPEQ gains the financial agility needed for accelerating their crucial mission. Based on the overall value of EMPEQ’s Air Force contracts, Leonid’s debt structure provides flexible, non-dilutive capital while minimizing upfront costs.
KEY QUOTES:
“As a U.S. Marine, I know we put our warfighters in dangerous and compromising positions. To me, ensuring the quality of parts and components within military equipment is really about protecting my sisters and brothers in uniform. Leonid recognizes the urgency of our mission and has provided us with the financial resources we need to enhance our ability to protect our troops and ensure the integrity of our military equipment.”
– Herbert Dwyer, CEO and Co-Founder of EMPEQ
“EMPEQ’s work goes beyond safeguarding individual missions; it strengthens the very foundation of our national defense. Their innovative technology represents a paradigm shift in quality control regarding National Security supply chain, and we are proud to support their mission through our unique investment strategy.”
– James Parker, Managing Partner at Leonid Capital Partners
