Virtualitics, a Pasadena-based analytics and military startup, announced in late October it nabbed a five-year contract with the U.S. Air Force that is worth at least $46 million.
“Together, Virtualitics and the U.S. Air Force are leading the way to bring AI innovation into the hands of maintainers,” Michael Amori, the chief executive and co-founder of Virtualitics, said in a statement. “Our partnership with the USAF is a strategic alliance that will enhance mission readiness through cutting-edge AI-driven decision technology.”
Virtualitics, a predictive analytics company, has a long history with the many different arms of the U.S. Department of Defense. Its Small Business Innovation Research contract with the Air Force comes after a three-year-long collaboration that involved integrating artificial intelligence into weapons. The Air Force also selected Virtualitics to participate in a $975 million contract with its Rapid Sustainment Office back in September. Virtualitics renewed its Small Business Innovation Research contract with the Space Force in September as well.
Both the Space Force and Air Force will be implementing Virtualitics’ Integrated Readiness Optimization suite of tools that use predictive analytics to plan operations, assess potential risks and keep track of inventory while maintaining potential cybersecurity risks.
The company uses artificial intelligence to track all the moving pieces of military operations in order to allow soldiers to make game-time decisions regarding specific deployment strategies.
“We are very proud to partner with the USAF sustainment communities and operational wings to support such a strategic level mission, deploying some of today’s most sophisticated artificial intelligence technology to solve the growing challenges around generating air power,” Rob Bocek, president of the public sector division at Virtualitics, said in a statement.
Virtualitics’ enterprise-grade analytics offerings spans several industries in the public and commercial realms and has partnered with the likes of Lockheed Martin, an aerospace and military contractor, banking conglomerate Wells Fargo and Harvard University. Virtualitics was founded in 2016 and has raised $74 million in funding, according to Pitchbook.
