Monday, December 23, 2024

Press Release: Octo and Tyto Athene form Joint Venture

“Octo and Tyto Athene announced the creation of a Joint Venture (JV) that brings together two premier IT modernization and digital transformation providers to the U.S. Federal Government. Together they operate as Octo-Athene, LLC to deliver exceptional services and end-to-end solutions with capabilities that span from network modernization to converting data into actionable intelligence at the application layer. Both companies have established track records of providing innovation in emerging areas and are poised to offer cutting-edge solutions in the areas of Artificial Intelligence, Machine Learning, 5G, Blockchain, Data Interoperability, Defensive Cyber Operations, Network Modernization, and Internet of Things while serving federal agencies across defense, intelligence, space, national security, civilian, and health sectors.

Octo has made a name for itself over more than 15 years by providing modernization support to the Federal Government from user-centered design of mission systems to emerging technologies deployed in novel ways. ‘We are elated to have brought our two companies together in this way after previous successful collaborations,’ said Mehul Sanghani, Octo’s CEO. ‘The full spectrum modernization and transformation capabilities brought to bear by this JV make us a force to be reckoned with in the marketplace.’

Tyto is recognized for utilizing industry-leading technologies, innovative thinking, and proven processes to deliver services, at scale, under a variety of business models, across the Federal Government. ‘Our two companies have previously collaborated on various operational issues, addressing market trends and technology delivery,’ stated Chris Meilhammer, Tyto CEO. ‘But the combination of these two amazing companies under a formal arrangement is very exciting. We look forward to delivering our combined capabilities for the benefit of our customers and their respective business objectives.’…” Read the full press release here.

Source: Octo and Tyto Athene form Joint Venture – September 17, 2021. BusinessWire.

Octo was named to the list of NXT UP firms poised to make big waves in the Federal sector in 2020 and for years to come.

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Jackie Gilbert
Jackie Gilbert
Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv.

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