In-Q-Tel Investing In Microwave Imaging Systems; Simon Davidson Comments
In-Q-Tel has entered into an investment and technology agreement with an imaging technology firm.
IQT, the intelligence community’s investment arm, and Walleye Technologies Inc. will focus on hand-held microwave imaging solutions geared towards security applications, the company said.
Simon Davidson, partner on IQT’s Investments team said the handheld devices will offer virtualization in places where larger systems will not fit.
The systems use microwaves to penetrate objects and provide digital images that can be downloaded, stored and shared.
IQT said its investment in Walleye will expand its manufacturing reach.
Christopher Adams, Walleye’s founder and CEO said his company’s relationship with IQT will help Walleye identify and introduce its technology to multiple government agencies.
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