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Private equity firm Trive Capital has announced the acquisition of Hypergiant Industries, with the goal of advancing its AI solutions for the defense sector. Terms of the deal have not been disclosed.

Trive Capital, based in Dallas, plans to establish a long-term partnership between Hypergiant and its portfolio company, Forward Slope. This partnership will focus on government contracting and GIS applications.

Hypergiant, founded in 2018, offers a geospatial data visualization platform called CommandCenter. This platform ingests information and provides AI-generated recommendations to Department of Defense customers and critical industries. Recently, Hypergiant secured a three-year contract to deliver CommandCenter as the cloud-based command and control platform for the Department of the Air Force’s Advanced Battle Management System (ABMS), with a potential total value of million.

Despite the acquisition, Hypergiant CEO Mike Betzer will continue to lead the company.

According to Betzer, the challenges faced by space, defense, and American critical infrastructure can be addressed through AI-enabled common operating pictures for quick and informed decision-making. Hypergiant’s approach involves leveraging government-funded projects to build performant and secure solutions that can be customized for the private sector.

Betzer expressed excitement about partnering with Trive, a long-term partner who has a deep understanding of the sector and can help accelerate the adoption of Hypergiant’s platform and offerings across a broader range of private and public sector clients.

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