Raytheon BBN Technologies OTUS People Tracker Software

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Raytheon BBN Technologies OTUS People Tracker Software - overview

Location

Waltham, MA, US

Primary Industry

Software

About

Raytheon BBN Technologies focuses on delivering cutting-edge software solutions, enhancing operational capabilities in defense and intelligence sectors. Their innovative OTUS People Tracker Software plays a pivotal role in tracking and managing personnel effectively. Raytheon BBN Technologies operates in the field of advanced technology solutions, providing software for defense and intelligence. The company is headquartered in Waltham, US.


In August 2016, it was acquired by Quanergy Systems, Inc. , a deal that involved several venture capital entities. The firm has been involved in a single investment deal. Raytheon BBN Technologies specializes in the design and manufacture of advanced aerospace and defense technologies.


Their key offerings include the OTUS People Tracker Software, which enhances situational awareness for military and defense operations. Additionally, the company provides a range of products, including systems for aircraft and defense, serving clients in military and commercial aviation, government agencies, and defense contractors globally. Raytheon BBN Technologies generates revenue primarily through B2B transactions with governmental and commercial clients. Its revenue model includes sales of specialized software and defense systems, often based on long-term contracts that also encompass maintenance and support services.


Pricing structures are tailored to meet specific client needs, contributing to a consistent revenue stream from new product sales and ongoing service agreements. Moving forward, Raytheon BBN Technologies plans to enhance its OTUS People Tracker Software with new features designed to improve user experience and operational efficiency. The company aims to expand its reach into international markets, focusing on Europe and Asia by 2025. Recent funding from its acquisition will support these new product enhancements and market entry strategies.


Current Investors

Sensata Technologies, Inc., Delphi Corp., Quanergy Systems, Inc.

Primary Industry

Software

Sub Industries

Monitoring & Security Software

Website

www.raytheon.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Raytheon BBN Technologies OTUS People Tracker Software - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Corporate Carve Out, Trade SaleCompletedTechnology Associates, LLC-

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