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Leonid Capital Partners has made an investment in EMPEQ, the developer of a platform that works to identify military equipment parts and defective components using computer vision and artificial intelligence. Leonid said Monday that the funding facility aligns with EMPEQ's Air Force Direct to Phase 2 Small Business Innovation Research contract.
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James Geurts, former assistant secretary of the Navy for research, development and acquisition, and Brian Hibbeln, former assistant deputy undersecretary of defense for special capabilities, have been named to the advisory board of Leonid Capital Partners. Both advisers bring decades of combined military and government experience and will advise the Leonid leadership team on advancing its mission objectives.