Macquarie Capital invests in Earth Resources Technology
Written by Simon Mansfield
Sydney, Australia (SPX) May 22, 2024
Macquarie Capital has invested in Earth Resources Technology (ERT), a data systems and technology company providing scientific, engineering, environmental and IT services to US federal government agencies.
“This investment is an important milestone and growth opportunity for ERT,” said Jingli Yang, CEO and co-founder of ERT. “Macquarie Capital has a strong track record of supporting companies that combine science and IT capabilities to deliver resilience to government agencies and the communities they serve.Existing government relationships We are an ideal partner to support ERT as it seeks to deepen its customer base and expand into adjacent markets.”
“ERT has deep relationships with U.S. federal government agencies, a large and growing pipeline and a strong culture of innovation,” said Jared Doskow, senior managing director at Macquarie Capital Growth and Technology Corp. “We look forward to helping ERT expand its customer base, add additional capacity and services and explore opportunities to drive further growth.”
“With our unique combination of deep domain expertise and advanced technical skills, ERT is uniquely qualified to handle America's most challenging geospatial problems,” Handen said. “We look forward to helping the team further build its capabilities and offerings.”
Macquarie Capital is a leading investor in companies that provide critical services and innovative solutions that support the public sector, including federal, state, and local governments.
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