Athena Technologies Named to Inc 500 2006 List of Fastest Growing Private Companies.WARRENTON, Va. -- Athena Technologies Athena Technologies is a developer and manufacturer of control and navigation solutions for Unmanned Aerial Vehicles (UAVs) and Unmanned Ground Vehicles (UGVs). Athena's GuideStar product line provides INS/GPS solutions that integrate IMU, GPS, magnetometer and air data signals for , Inc., a leading provider of flight control and navigation systems for Unmanned Aerial Vehicles
As innovators in developing flight controls and navigation systems for UAVs, Athena is continually bringing to market the next generation of controls technology and avionics. Athena provides the GuideStar(TM) family of autonomous vehicle A passenger vehicle that drives by itself. Also known as the "driverless car," it automatically steers the vehicle by sensing the painted lines in the road or a magnetic monorail embedded in the road. In the late 1990s, prototype systems were built in Italy and the U.S. See automotive systems. control and integrated sensor suite systems that range in size from a cigar box (GuideStar 311) to a small cell phone (Micro GuideStar). With its compact size and superior performance, an increasing number of customers are choosing Athena's solution for their unmanned vehicle programs. "Making the prestigious Inc 500 list of the fastest growing private companies across all industries is a tremendous honor," said Dr. David Vos, Athena CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. & CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. . "I attribute our tremendous rate of growth to the efforts of our dedicated employees and the quality of our flight control and navigation systems. Today, with over 100,000 flight hours and dozens of customers, we have proven the performance and reliability of our GuideStar by flying a wide range of UAVs, from production drones in use around the clock in Operation Iraqi Freedom, to concept aircraft designed to fly above Mars." "If you want to find out which companies are going to change the world, look at the Inc. 500," said Inc. Editor Jane Berentson. "These are the most innovative, dynamic, fast-growth companies in the nation, the ones coming up with solutions to some of our most intractable ills, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can't live without. The Inc. 500 list is Inc. magazine's tribute to American business ingenuity and ambition." Hottest Regions for Fastest-Growing Companies Federal spending again propels a large number of companies from Washington, D.C., Virginia, and Maryland onto the Inc. 500. Washington, D.C., is the top metropolitan area for the fourth consecutive year, with 43 of the fastest-growing companies, an increase of one over last year. New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. is a close second and the biggest gainer, adding 17 companies for a total of 42 companies this year, followed by Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. with 25 (down seven companies from last year), Boston with 24 (down three companies), and Atlanta with 20 (no change). California is the state with the most Inc. 500 companies - 66 (down from 77 last year). Virginia and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of both are home to 34 of the fastest-growing companies, followed by Texas (32) and Massachusetts (28). Methodology The 2006 Inc. 500 list measures revenue growth from 2002 through 2005. To qualify, companies had to be U.S.-based, privately held independent - not subsidiaries or divisions of other companies - as of December 31, 2005, and have, and have at least $600,000 in net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight in the base year. About Athena Technologies Athena Technologies is a premier developer and producer of navigation and control systems. Founded in 1998, the company produces the GuideStar(TM) family of versatile, compact and cost-effective flight control systems for applications such as unmanned aerial vehicles (UAVs), target drones and missiles. The company is an independent, privately held firm with headquarters in Northern Virginia Northern Virginia (NoVA) consists of Arlington, Fairfax, Loudoun, and Prince William counties and the independent cities of Alexandria, Falls Church, Fairfax, Manassas, and Manassas Park. . Additional information is available at www.athenati.com. About Inc. Magazine Inc., http://www.inc.com, the only major business magazine dedicated exclusively to owners and managers of growing private companies, delivers real solutions for today's innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Inc., a Mansueto Ventures LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control publication, inspires and informs, with cutting-edge coverage that reflects our readers' energy, brashness, and imagination. |
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