LocatorX and New Vista Capital: A Strategic Partnership for Accelerated Growth
Gracie Gottlieb | 7 February, 2024
Atlanta, GA – LocatorX, a leading provider in the supply chain IoT sector, has recently announced a strategic partnership with New Vista Capital. This partnership aims to enhance the company's focus on accelerating growth in the Aerospace and Defense industry, as well as the broader national security, supply chain, and manufacturing industries.
Led by industry veterans Dennis Muilenburg, Kirsten Bartok Touw, and Travis Nelson, New Vista Capital is an investment platform that focuses on emerging and transformational technologies in aerospace, national security, logistics, and mobility. With a portfolio of strategic partnerships and investments, New Vista Capital supports leading-edge technology companies that address critical customer needs and high-growth opportunities in these market sectors.
Chester Kennedy, CEO at LocatorX, expressed his excitement about the partnership, stating, "Having the expertise that Dennis and his unparalleled team of industry and government advisors bring to assist us as we scale the business in the coming months is a powerful business multiplier." This collaboration will provide LocatorX with valuable support as it continues to expand.
Dennis Muilenburg, co-founder of New Vista Capital, emphasized LocatorX's potential and the significance of their platform in the supply chain IoT space. He said, "LocatorX is a growth-oriented company with a strong leadership team and a platform that delivers a critical supply chain IoT solution. We are excited for the opportunity to help LocatorX quickly scale to meet industry demand."
LocatorX's intelligent IoT platform utilizes unique digital fingerprints assigned to individual products and assets. This platform collects extensive data, allowing companies to proactively engage throughout the entire product lifecycle and supply chain. LocatorX specializes in IoT for various industries, including MedTech, Life Sciences, Pharmaceuticals, Manufacturing, Aerospace, and Defense. The platform is available as a standalone solution or can be integrated with CRM, ERP, and WMS applications. Additionally, it can be accessed as a native app within Salesforce.
For more information about LocatorX and its offerings, please visit www.locatorx.com.
About New Vista
New Vista is a strategic advisory, venture, and private equity firm that focuses on transforming aerospace, space, and national security. Co-founded by Kirsten Bartok Touw, Dennis Muilenburg, and Travis Nelson, New Vista translates promising advances into successful business results, creating jobs and fueling the economy. With multidisciplinary expertise in emerging technologies, manufacturing, supply chain, logistics, finance, government, regulatory affairs, executive leadership, and talent development, New Vista is well-positioned in the complex business sector. To learn more about New Vista, please visit newvistacap.com.
In conclusion, the strategic partnership between LocatorX and New Vista Capital represents a significant step towards accelerating growth in the supply chain IoT sector. With New Vista Capital's support and expertise, LocatorX is well-positioned to meet industry demands and drive innovation in aerospace, national security, and manufacturing supply chains. This collaboration marks an exciting chapter for both companies as they aim to solve large-scale industry and national security challenges while maximizing shareholder value.
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