Nova Technologies

Panama City, United States Founded: 1997 • Age: 29 yrs
Simulation-based military training systems are developed and provided.
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About Nova Technologies

Nova Technologies is a company based in Panama City (United States) founded in 1997 by Randall Rushe and David Calloway.. Nova Technologies has raised $2.75 million across 4 funding rounds from investors including HHS and Slate Capital Group. Nova Technologies offers products and services including Simulation + Engineering, Training + Courseware Development, Operations + Sustainment, Mission Planning Support, and Cybersecurity. Nova Technologies operates in a competitive market with competitors including BISimulations, Huaru, AVision Systems, Beast Code and Marathon Targets, among others.

  • Headquarter Panama City, United States
  • Founders Randall Rushe, David Calloway
  • Sectors
    Aerospace, Defense & Maritime
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Aerospace, Defense & Maritime → Defense Systems & Security Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.75 M (USD)

    in 4 rounds

  • Latest Funding Round
  • Investors
    HHS

    & 1 more

  • Employee Count
    Employee Count
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Products & Services of Nova Technologies

Nova Technologies offers a comprehensive portfolio of products and services, including Simulation + Engineering, Training + Courseware Development, Operations + Sustainment, Mission Planning Support, and Cybersecurity. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Delivers simulation and engineering solutions for military applications.

Provides training and courseware for defense personnel preparation.

Offers operations and sustainment for military systems and missions.

Supports mission planning for defense and global operations.

Provides cybersecurity solutions to protect military networks.

Delivers worldwide support for defense-related activities.

Funding Insights of Nova Technologies

Nova Technologies has successfully raised a total of $2.75M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round
  • First Round

    (23 Sep 2002)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2021 Amount Private Equity Round - Nova Technologies Valuation

investors

Jun, 2014 Amount Unspecified - Nova Technologies Valuation

investors

Sep, 2009 Amount Grant - Nova Technologies Valuation

investors

HHS
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Nova Technologies

Nova Technologies has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include HHS and Slate Capital Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Slate Capital Group is engaged in private equity investments.
Founded Year Domain Location
Public health and human services are overseen by HHS.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Nova Technologies

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Nova Technologies

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Nova Technologies Comparisons

Employees
+
Add Comparison
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Competitors of Nova Technologies

Nova Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BISimulations, Huaru, AVision Systems, Beast Code and Marathon Targets, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Interactive combat simulation software is developed for defense training.
domain founded_year HQ Location
Training and simulation solutions for military operations are provided.
domain founded_year HQ Location
Unmanned aerial loitering munition systems are manufactured for combat operations.
domain founded_year HQ Location
Aggregates and visualizes CAD, metadata, and technical documents for organizational efficiency.
domain founded_year HQ Location
Robotic targets for live-fire military training are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nova Technologies

Novatech expects revenue growth in 2023
Digitimes2 years ago
Nova completes acquisition of ancosys
Evertiq3 years ago

Frequently Asked Questions about Nova Technologies

When was Nova Technologies founded?

Nova Technologies was founded in 1997 and raised its 1st funding round 5 years after it was founded.

Where is Nova Technologies located?

Nova Technologies is headquartered in Panama City, United States. It is registered at Panama City, Florida, United States.

Who is the current CEO of Nova Technologies?

Randall Rushe is the current CEO of Nova Technologies. They have also founded this company.

Is Nova Technologies a funded company?

Nova Technologies is a funded company, having raised a total of $2.75M across 4 funding rounds to date. The company's 1st funding round was a Grant of $185.21K, raised on Sep 23, 2002.

What does Nova Technologies do?

Nova Technologies was founded in 1997 and is based in Panama City, United States. Simulation-based systems for military training are offered, spanning front-end analysis to implementation and sustainment. A visualization platform has been created to connect gaming and simulation elements, supporting both military and civilian exercises. Additional services include avionics, electronic warfare capabilities, and sensor technologies within the defense sector.

Who are the top competitors of Nova Technologies?

Nova Technologies's top competitors include BISimulations, AVision Systems and Huaru.

What products or services does Nova Technologies offer?

Nova Technologies offers Simulation + Engineering, Training + Courseware Development, Operations + Sustainment, Mission Planning Support, and 2 more products and services.

Who are Nova Technologies's investors?

Nova Technologies has 2 investors. Key investors include HHS, and Slate Capital Group.

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