The US-based private investment firm, The Jordanian company (TJC), invests in Innoflight as a majority participant. The company is now backed by a company with initial capital commitments of more than $ 14 billion and 39 years of experience in investing and contributing to the growth of many businesses in a wide range of industries.
Over the last 15+ years, Innoflight has become a leading provider of software-defined compact / terrestrial radios, cryptographic and cybersecurity systems and processing, storage networks and avionics, and looks forward to a bright future with TJC.
“We are excited to partner with TJC, a well-known and respected private investment group.,” said Jeff Janichik, President and CEO of Innoflight. “We share a common vision focused on technological innovation and growth in support of the national security space and trade markets. With the support of TJC, we will continue to serve our 60+ best-in-class space customers by investing in research and development and providing highly efficient, quality, timely and cost-effective solutions. This vision is what we like to call Innoflight 2.0. “
“We are glad to partner with the Innoflight team,” said Eric Fagan, a partner of TJC. “Innoflight has a strong innovation culture, demonstrated by its state-of-the-art product offering. The Innoflight product roadmap includes technologies that are well aligned with national security. TJC sees Innoflight as a number of discriminators against its competition, including unique and diverse technologies combined with unparalleled flexibility. TJC looks forward to supporting the company’s continued growth by using TJC’s support resources and services. “
Innoflight is a non-traditional defense contractor (NDC), founded in 2004. Innoflight offers state-of-the-art software-defined compact / terrestrial radios, cryptographic and cybersecurity systems and avionics for processing, networking and data storage. The main competence of the company is the protected control systems, management, communications and computers (C4), designed through the innovative implementation of modern commercial technology (COTS). The result is modular, high-performance, yet low-size weight and power (SWaP) systems at competitive prices. Our products are qualified through a rigorous Innoflight process that includes analysis and testing of parts reliability, system-level tolerance and radiation risk reduction. Our clients include the US government, first-class aerospace contractors and commercial space developers.
TFounded in 1982, Jordan is a mid-market private equity firm with initial capital commitments of more than $ 14 billion. TJC has 39 years of experience in investing and contributing to the growth of many businesses in a wide range of industries, including Diversified Industrials; Transport and Logistics; Healthcare and consumers; and technology, telecommunications and utilities. The senior investment team has been investing together for more than 20 years and is supported by its Operations Management Group, established in 1988 to initiate and support operational improvements in portfolio companies. Headquartered in New York, TJC also has an office in Chicago.