Locus Lock, Inc.
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Locus Lock, Inc. - overview
Established
2021
Location
-, -, US
Primary Industry
Aerospace
About
Based in the US, Locus Lock, Inc. , operates as a provider of satellite navigation software. Founded in 2021, Locus Lock, Inc. specializes in satellite navigation software.
The funding will be used to develop technology, roll out Leo200, expand customer programs, and add engineering staff. Locus Lock specializes in software-defined Global Navigation Satellite System (GNSS) receivers, providing precise positioning solutions for mission-critical applications in contested environments. Their offerings enable advanced positioning capabilities for drones, ground vehicles, and aircraft, particularly in electronic warfare scenarios. The technology allows for rapid updates and threat mitigations, ensuring performance under jamming and interference conditions, serving customers in defense, aerospace, and other sectors requiring reliable navigation.
Locus Lock generates revenue through direct transactions with agencies and organizations needing advanced positioning technologies. Their business model includes selling software licenses and providing evaluation kits for integration, ensuring their GNSS solutions are adopted by clients. Partnerships with defense contractors and government entities facilitate integration into mission-critical systems, with revenue streams from project-based contracts and ongoing service agreements for software updates and support. The company plans to develop its technology further, roll out Leo200, expand customer programs, and add engineering staff.
Current Investors
Golden Seeds, In-Q-Tel, Techstars
Primary Industry
Aerospace
Sub Industries
Aerospace, Defence, Electronics, Scientific Software
Website
www.locuslock.com
Verticals
Manufacturing
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Locus Lock, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Round | Completed | Locus Lock, Inc. | - |
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