Fenix Group secures investment from Enlightenment Capital

Enlightenment Capital has made an investment in Chantilly, Virginia-based Fenix Group, a provider of equipment and services for private broadband networks and handheld communication devices.

Enlightenment Capital has made an investment in Chantilly, Virginia-based Fenix Group, a provider of equipment and services for private broadband networks and handheld communication devices. No financial terms were disclosed.

PRESS RELEASE

Chevy Chase, Maryland – June 21, 2021: Enlightenment Capital, an Aerospace, Defense, Government & Technology (ADG&T) focused investment firm based in the Washington, DC area, announced it has made a strategic investment in Fenix Group. Fenix is a provider of integrated systems, battlefield edge networks, and Low Probability of Intercept / Low Probability of Detection (LPI / LPD) communications solutions in support of the U.S. Department of Defense (DoD), special operations, and intelligence communities. The investment will support Fenix’s growth strategy by providing financial resources and strategic / M&A support, as it looks to build on its success to date.

Founded in 2016 and based in Chantilly, VA, Fenix provides equipment and services for private broadband networks (e.g., 5G / LTE) and handheld communication devices, supporting battlefield communication and sensor ecosystems with endpoints for the defense, intelligence, and disaster response sectors. The Company was recently awarded subcontracts with several key partners to provide military grade mobile products and infrastructure with 5G functionality for military bases throughout the U.S. In 2020, Fenix was named a Government Contractor of the Year by the Small and Emerging Contractor Advisory Forum (SECAF).

“Fenix supports some of the most cutting-edge electronics solutions being implemented on the tactical edge of the DoD and intelligence communities,” said Jason Rigoli, Partner at Enlightenment Capital. “The solutions span 5G, LTE, and other mobile communications technologies from domestic to austere environments. We are excited to invest in their vision of pushing the boundaries of interconnected defense and intelligence systems in use around the world.”

“We are very excited to partner with Enlightenment Capital as we begin the next chapter in our growth strategy. Enlightenment’s experience and deep industry expertise is exactly what we were looking for in a strategic investor. This partnership greatly enhances our ability to drive growth through expansion of our facility footprints in multiple states and allows us to refine our engineering process and manufacturing capacity to scale with demand,” said Dave Peterson, Founder & CEO.

About Fenix Group
Founded in 2016, Fenix Group provides technology solutions with a focus on edge networks and integrated systems, which it refers to as the “Battlefield of Things®” sensor ecosystem. Through this ecosystem, it connects a variety of battlefield sensors to include UAVs, UGVs, Unattended Ground Sensors (UGS), and COTS end-user devices. By leveraging 4G / LTE & 5G combined with Mobile Ad Hoc Network (MANET) communications technologies and edge computing, Fenix enhances situational awareness as well as data and information sharing at the tactical edge in both domestic and deployed environments. For more information, visit www.fenixgroup.io.

About Enlightenment Capital
Enlightenment Capital, a Washington, DC area based private investment firm, provides flexible capital and strategic support to middle market companies in the Aerospace, Defense, Government & Technology (ADG&T) sector. The firm partners with businesses that provide vital services, protect critical infrastructure, innovate cyber and data solutions, enhance decision making capabilities, engineer aerospace systems, safeguard national security, and endeavor to meet the challenges of today and tomorrow. For more information, visit www.enlightenment-cap.com.