Enlightenment Capital invests in Aurora

By Marjorie Censer / March 15, 2016 at 2:40 PM

Enlightenment Capital said today it has invested in Aurora Flight Sciences, which specializes in unmanned aircraft systems and autonomous flight technologies.

The investment firm, led by Pierre Chao and Devin Talbott, did not disclose the financial terms of the deal.

However, it said the funding is meant to "support Aurora's strategy for expanding the company's development and manufacturing scale as demand continues to increase."

Earlier this month, the Defense Advanced Research Projects Agency awarded Aurora an $89 million contract for the next two phases of the Vertical Takeoff and Landing Experimental Plane program.

Enlightenment counts a number of other companies, including Vistronix, among its investments.

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