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Hypergiant Industries Partners With Trive Capital

Gracie Gottlieb | 22 August, 2023

Artificial intelligence (AI) defense platform and solutions company, Hypergiant Industries, has announced a partnership with Trive Capital, a Dallas-based private equity firm. The acquisition of Hypergiant Industries by Trive Capital will complement its current portfolio company, Forward Slope. This partnership aims to secure America's defenses by leveraging next-generation, AI-enabled technology solutions across all military domains and critical infrastructure.

Over the past five years, Hypergiant Industries has become a leader in AI-enabled, cloud-based command-and-control technologies and deployed solutions. One of their notable creations is CommandCenter, a world-class core geospatial data visualization and actions platform. This platform not only ingests large amounts of information but also applies real-time threat analysis and AI-generated recommendations, delivering intelligent insights and actions in all domains. Hypergiant Industries has received several innovation awards for their AI-enabled defense solutions and is focused on scaling their joint all-domain spatial intelligence and actionable CommandCenter software package.

David Stinnett, Partner at Trive Capital, expressed excitement about the partnership, highlighting Hypergiant's geospatial data visualization capability and its ability to rapidly deliver actionable insights to the warfighter in an increasingly complex battlespace. Trive Capital aims to support Hypergiant Industries in its next phase of growth and formalize a longer-term partnership with Forward Slope.

In addition to their defense solutions, Hypergiant Industries has gained market recognition for other AI-enabled projects such as the Hypergiant Eos Bioreactor, Hypergiant Project Orion, the Hypergiant Disaster Mapping System, the Hypergiant Chameleon prototype constellation, and Project ARGUS. These innovations expand the company's capabilities and contribute to its common operating platform.

Hypergiant Industries' select customers include the U.S. Air Force, U.S. Space Force, the Department of Homeland Security, NASA, the U.S. Army, the National Reconnaissance Office, Boeing, and Booz Allen Hamilton.

Hypergiant CEO Mike Betzer shared their approach of taking government-funded projects and bringing highly performant and secure, battle-ready solutions to the private sector with mission-specific customization. He expressed excitement about partnering with Trive Capital, who understands the sector and can accelerate the adoption of their platform and offerings to a broader set of clients in both the private and public sectors.

Ben Lamm, Hypergiant founder and now-CEO of Colossal Biosciences, praised Mike Betzer's leadership and the company's vision for bringing next-gen AI-assisted insights to core groups that preserve and enable our way of life. Lamm is excited to see the company continue to scale its technologies through the Trive acquisition and Mike's leadership.

Hypergiant Industries was founded in 2018 by Ben Lamm with the goal of bringing an AI-enabled approach to advanced visual multimodal for organizations in space, defense, and critical infrastructure. With over 150 employees and contractors, the company's investors include lead investor Align Capital, GPG, Perot Jain, Beringer Capital, and Capital Factory. This acquisition follows Hypergiant's recent expanded $60M+ contract award from the U.S. Air Force for its command-and-control platform offering.

Dr. Rob Slaughter, U.S. Air Force Major (Ret.) and co-founder of the U.S. Air Force's Platform One, emphasized the importance of a digital advantage in our values competition with adversaries. He believes that Hypergiant's partnerships and technological advancements help accelerate mission values at this urgent time in history.

Hypergiant is currently building the Common Battle Management Interface for Cloud-Based Command and Control (CBC2). The platform leverages Amazon Elastic Compute Cloud (Amazon EC2) and edge computing hardware to deliver insights and enhance situational awareness for warfighters and decision-makers.

Trive Capital, a Dallas-based private equity firm, manages over $4 billion of regulatory assets. Their focus is on investing equity and debt in strategically viable middle-market companies with the potential for transformational upside through operational improvement. The Trive team consists of experienced investment professionals who have been involved in over 100 middle-market transactions across various industry sectors.

Hypergiant Industries, established in 2018, is a leading provider of artificial intelligence (AI) technology in the space, defense, and critical infrastructure sectors. Their data visualization products empower customers with a comprehensive understanding of specific environments, enabling rapid decision-making on emerging issues. With a strong focus on AI, Hypergiant Industries aims to build a safe, secure, and thriving world.

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