Fundraising Fox

UFA Inc

Burlington, US · Massachusetts corporation · 1 known investors

ufainc.com

Provider of air traffic control simulation and training software to air navigation service providers, militaries, and universities.

Founders & leadership

LA
Lawrence A. PennettPresident
DL
David L. WolffChief Executive Officer
MG
Maria G. DeSousaChief Financial Officer, Treasurer
RJ
Rajiv J. SoodVice President
DR
NA
Nicole AronSecretary

Investors · 1

Reported raises · per SEC filings

Form D private placements
$5.4MraisedMay 2021 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Lawrence A. PennettExecutive Officer
  • David L. WolffExecutive Officer, Director
  • Maria G. DeSousaExecutive Officer
  • Nicole AronExecutive Officer, Director
  • Rajiv J. SoodExecutive Officer
  • Daniel RaynorDirector
Offering amount
$5.4M
Amount sold
$5.4M
Proceeds to insiders
$3.3M
First sale
Apr 2021
Incorporated
Corporation, Massachusetts
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Non-dilutive funding · 13 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
NASAPhase II1989$454.1K
U.S. NavyNavyPhase II1989$41.7K
U.S. NavyNavyPhase I1988$50K
NASAPhase I1988$49.8K
U.S. NavyNavyPhase I1988$49.8K
U.S. Air ForceAir ForcePhase II1987$75K
Department of TransportationPhase I1987$50K
NASAPhase I1987$49.7K
Department of TransportationPhase II1986$300K
Department of TransportationPhase I1986$49.8K
U.S. ArmyArmyPhase I1986$49.4K
U.S. Air ForceAir ForcePhase I1986$49.4K
Department of TransportationPhase I1985$49.8K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.