NuWave Solutions, under new leadership, to pursue growth in new markets

By Marjorie Censer / July 9, 2020 at 3:29 PM

NuWave Solutions, recently acquired by private-equity firm AE Industrial Partners, sees opportunity to expand its data management, advanced analytics and artificial intelligence work to the commercial and federal civilian markets, according to its new chief executive.

In an interview with Inside Defense last week, Reggie Brothers said NuWave expects its technology to be useful to the healthcare and energy markets.

Both are "areas where there's a lot of data and where there's really a need to predict what could happen," he said.

The federal civilian market is also a target, according to Brothers, who most recently was chief technology officer at Peraton and has also worked as under secretary of science and technology at the Department of Homeland Security.

NuWave today focuses primarily on the defense and intelligence markets, according to Brothers.

He said AE's ownership provides resources for the company to consider acquisitions and to pursue internal research.

"What you find right now, when money is tight, that internal research goes away, but that internal research is what really helps you go to the next level," Brothers said, noting that NuWave is also seeking to expand its relationship with universities.