Artificial Intelligence (AI) Software-as-a-Service (SaaS) business

Midwest US
Technology, Media, Telecom & Data
Client Code: BN000041355
Revenue (TTM): $3,953,764
EBITDA (TTM): $1,718,875

The company develops and sells artificial intelligence (AI) based software that analyzes data for nuclear power plants to predict equipment failure, and for the military to effectively assess complex and chaotic situations and mitigate national security risks.

Key Aspects

• Revenue grew at a compound annual growth rate (CAGR) of 68.6% from 2019 through the trailing-twelve-months (TTM) ending November 30, 2022

• Management estimates $6M in secured backlog as of August 2022

• Recurring revenue model from software subscriptions

• Operates in a niche market providing machine learning-based predictive software for boiling water reactors

• Develops customized software applications in-house


• Exploit opportunities for additional customer penetration at currently served reactor sites

• Increase sales of AI-driven services targeting increased plant efficiency and profitability

• Leverage past performance qualifications and best-in-class SaaS to expand its growing position at defense customers

• Pursue more aggressive patent strategies to create additional walls around key offerings

• Capitalize and expand upon reseller agreement, which management projects will generate ~ $750K of income immediately 


• Midwest, US 

Current Markets

• The company provides AI software to nuclear power plants and the military primarily in the US 

Real Estate

• The company operates from a 1,250 sq. ft. facility leased from an unrelated third party. There is room to grow in the current location.