BNET Industries

Last Fiscal Year Sales:$17.5M
  • Private
  • US
Dow Jones Description

MILCOM Technologies is a seed-stage venture fund that conceives, creates and launches technology companies in partnership with defense contractors, federal laboratories and other leading-edge research and development sources. In the past nine years, fourteen companies have been launched through the fund, which in turn have attracted over $600M in venture capital from firms such as AMAT, APAX, Bessemer Venture Partners, IBM, Oak Investment Partners, Redpoint Ventures, True Ventures and others. The fund works with Technology Partners (such as BAE, Boeing, ITT, Honeywell, Lockheed Martin, Raytheon and others) to create market-dominant companies that develop disruptive products and applications that answer critical market needs. The technology commercialization process provides for: identification of large emerging markets; determination of inherent technology gaps; identification and qualification of proven and protected technologies; assembly of technical and commercial experts to map and execute solutions; creations, launch, growth and funding of a portfolio company; and finally operational execution. MILCOM Technologies is managed by Arsenal Venture Partners. For more information please visit www.arsenalvp.com.

Number of Employees 34
Contact Information

485 N Keller RD # 100

Maitland, Florida 32751-7507

www.milcomtech....

1 407 659 0443

NAICS Code Miscellaneous Intermediation: 523910

Decision Makers

Name (plus bio) Position
Jason L Rottenberg CEO
Mike Buffa CEO
Matthew Bigge Chief Financial Officer
William Koos Chief Technical Officer for Milcom
Peter Atwal Vice President of Venture Development for Milcom
Mark Crumblish Executive Director of Business Development
Ed Comer Director of Software Ventures
Henry Huey Director of Technology Research and Development
Jennifer Dunham Director of Operations
Sam Nutter Milcom's Director of Finance & Portfolio Management
Chris Fountas General Counsel
Dennis Behm
Dr Brad Parkinson
Dr Peter Delfyett
Dr Robert Dressler
Dr Stanley B Alterman
Eric Chin
Gene Josephs
John K Twigg
Larry Koos
Larry Lynn
LUNA ANICO Research & Financial Analyst
Osmo Hautanen
Paul D. Kaminski
Richard Licursi
Ron Doran
Winn Schwartau

Board of Directors

Name (plus bio) Position
Richard Lockie Board Member

Organization Position Status
Milcom Technologies, Inc. CEO Current
Milcom Technologies, Inc. President Current
Milcom Venture Partners Managing Partner Current
Arsenal Venture Partners, Inc. General Partner Current
Powerprecise Solutions, Inc. Director Current
Enterprise Group Former
United States Army Former
UUNET Former
The Nanosteel Company Chairman of the Board of Directors Former
Milcom LLC Director Former
Harvard University MBA Former
Georgetown University Bachelor of Science degree and earned an MBA with highest distinction Former

Mike Buffa is co-founder of Greenhouse Florida and brings 10 years of experience in venture creation operating the largest and most successful venture creation company in the State of Florida. Mike was a founder and CEO of MILCOM Technologies. MILCOM started 13 new ventures that used federally funded technology and attracted over $600M in investment capital. MILCOM ventures created over a billion dollars of liquidity. Mike is considered a pioneer in commercializing technology and building high-value ventures.

Organization Position Status
Milcom Technologies, Inc. CEO Current
Greenhouse Florida Co-Founder Current
Greenhouse Florida Managing Partner Current
Computer Products Corporation Vice President, Sales and Marketing Former
Milcom Technologies, Inc. Founder Former
University of West Virginia degree in Electrical Engineering Former

Organization Position Status
Milcom Technologies, Inc. Chief Financial Officer Current

Organization Position Status
Milcom Technologies, Inc. Chief Technical Officer for Milcom Current
Milcom LLC Chief Technical Officer Former
Burroughs Co product design engineer Former
University of Central Florida Masters Degree in Electrical Engineering Former
Mississippi State University BSEE with special distinction Former

Organization Position Status
Milcom Technologies, Inc. Vice President of Venture Development for Milcom Current

Organization Position Status
Milcom Technologies, Inc. Executive Director of Business Development Current

Organization Position Status
Milcom Technologies, Inc. Director of Software Ventures Current

Dr. Henry Huey is Director of Technology Research and Development, supporting the launch of new MILCOM affiliate companies and assisting the West Coast Business Development team. Dr. Huey has 25 years experience in wideband switching technologies, optical networks, network management, communications satellites and wireless systems. Most recently, Dr. Huey was the Director of Product Development in an optical start-up, Alidian Networks. Alidian Networks provides multi-protocol DWDM (Dense Wavelength Division Multiplexing) solutions for the metropolitan area environment. Dr. Huey spent 5 years with Lockheed Martin/Loral Western Development Labs in San Jose, California. At Lockheed Martin, Dr. Huey served as Chief Engineer of Telecommunications, a technical lead on the network design of a multi-billion dollar, multi-service, broadband satellite venture known as Astrolink.

Organization Position Status
Milcom Technologies, Inc. Director of Technology Research and Development Current
Technology Research Corporation Director Current
Lockheed Martin Corporation Chief Engineer Former
Milcom LLC Director of Technology Research and Development Former
TRW, Inc. Former
University of Southern California Ph.D. in EE Former
University of California, Los Angeles Msee Former
Polytechnic Institute of Brooklyn BSEE Former

Jennifer Dunham is MILCOM's Director of Operations and Human Resources. Ms. Dunham has over 10 years experience in management and administration, and is responsible for all operations and HR activities for MILCOM. She also designs administrative and benefits packages and provides early stage administrative support to MILCOM's affiliate companies. Ms. Dunham has a Bachelor of Science degree in business administration, with concentrations in marketing and finance from SUNY College of Technology at Utica. She is currently pursuing her MBA while working full time for MILCOM.

Organization Position Status
Milcom Technologies, Inc. Director of Operations Current
Suny Former

Mr. Nutter is currently responsible for all financial aspects at MILCOM as well as overseeing the day-to-day accounting operations of MILCOM and Koos Technical Services, Inc., a wholly owned engineering subsidiary of MILCOM. Sam works on valuation and ROI models as well as manages the due diligence processes during the funding stages of newly launched companies. Mr. Nutter works with MILCOM and it's affiliate companies on business formation, comprehensive financial planning and investment structuring. He acts as interim Controller of all MILCOM's newly launched companies, establishing the capitalization and overseeing the financial operations until a management team can be put into place. Prior to joining MILCOM, he worked as a consultant for several early stage companies, doing a host of engagements including market analysis, proforma financial models, evaluating strategic partnerships and funding requirements Mr. Nutter began his career at Raymond James & Associates as a staff accountant where he handled the accounting, budgeting and financial reporting functions for the U.S. Retail Branch System. He also was a member of the internal audit team, which was responsible for the preparation of the firm's consolidated year-end financials.

Organization Position Status
Milcom Technologies, Inc. Milcom's Director of Finance & Portfolio Management Current
Milcom LLC Consultant Current
Koos Technical Services, Inc. Current
Milcom LLC Controller Former
University of South Florida BS degree in Accounting Former

Chris Fountas is a General Partner of MVP. Mr. Fountas has co-founded several successful start-up companies and continues to serve as a board member and advisor to many of these companies. Mr. Fountas was previously a Partner with Baker & Hostetler, where he managed a broad international corporate securities and Mergers and Acquisition practice. Mr. Fountas graduated from The Ohio State University with a B.S. degree in Finance and earned a JD (cum laude) from University of Miami.

Organization Position Status
Milcom Venture Partners General Partner Current
Arsenal Venture Partners, Inc. General Partner Current
Milcom Technologies, Inc. General Counsel Current
Zinc Matrix Power, Inc Director Current
Cocona Fabrics Board of Directors Current
Akermin, Inc Board Member Current
Onpoint Board of Directors Current
Onpoint Technologies Director Current
Alpine Marketing Co-Founder Former
Baker & Hostetler LLP Partner Former
University of Miami Jd, Cum Laude Former
The Ohio State University Bsba In Finance and Marketing Former

Organization Position Status
Milcom Technologies, Inc. Current
Milcom LLC Vice President of Marketing and Business Development Former

Organization Position Status
Milcom Technologies, Inc. Current
The Institute of Navigation Board of Directors Current
Rosum Corporation Board of Directors Current
American Institute of Aeronautics and Astronautics, Inc Fellow Current
ArvinMeritor, Inc. Vice President Former
Rockwell International Corporation Group Vice President Former
United States Air Force Best Program Director Former
Colorado State University Professor of Mechanical Engineering Former
National Aeronautics and Space Administration Former
Stanford University PhD in aeronautics and astronautics Former
Massachusetts Institute of Technology MS degree in aeronautics and astronautics Former
Stanford University Bachelor's Degree In General Engineering Former
United States Naval Academy BS degree in general engineering Former

Organization Position Status
Milcom Technologies, Inc. Current
Ucf, Inc. Former
City University of New York Ph.D. degree Former
University of Rochester M.S. degree in E.E. Former
City College of New York BEEE degree Former

Organization Position Status
Milcom Technologies, Inc. Current
Raymond James Financial, Inc. Managing Director Former
Columbia University Bachelors and Masters degrees in Electrical Engineering Former

Organization Position Status
Milcom Technologies, Inc. Current
Raytheon Company Former
Nato, Ltd. Former

Organization Position Status
Bay Partners Venture Partner Current
Cspa Partner, Artiman Ventures Current
Milcom Technologies, Inc. Current
Cspa Board of Directors Current
Wallop Inc. Board of Directors Current
Genentech, Inc. CEO Former
Milcom LLC Vice President of Corporate Development Former
Highland Capital Partners, Inc. senior analyst Former
Milcom LLC Advisor Former
Andersen Consulting systems integrator Former
Mainspring Communications Inc. Investor Former
Harvard Business School MBA Former
Dartmouth College B.A. Former
Dartmouth College undergraduate degree Former

Organization Position Status
Milcom Technologies, Inc. Current
International Business Machines Corporation Senior Manager Former

Organization Position Status
Milcom Technologies, Inc. Current

Organization Position Status
Milcom Technologies, Inc. Current
Milcom LLC Vice President of Engineering Former
Purdue University Masters Degree in Electrical Engineering Former
Mississippi State University BSEE Former

Organization Position Status
Milcom Technologies, Inc. Current
The Nanosteel Company Board of Directors Current
MIT Lincoln Laboratory Former
Defense Advanced Research Projects Agency Director Former

Luna Anico has been with MILCOM for over two years as a Research & Financial Analyst. Within MILCOM, her role has been to conduct primary and secondary market/financial research as well as develop complex financial models/plans. Areas of coverage have included telecommunication, semiconductor, information technology, energy and advanced materials. She has also assisted with business plan and new venture development for several MILCOM start-ups. Prior to joining to MILCOM, Ms. Anico was a research analyst with the Hudson Institute in Washington, DC. In this role she conducted research on international economic issues and foreign defense policy. Ms. Anico was also a consultant to the Economic Development Commission of Mid-Florida in Orlando, Fl. In this role she assisted in designing a competitive assessment of Orlando's position in the economic development marketplace, comparing regional research to seven other major cities. Ms. Anico graduated from Rollins College with a Bachelor of Arts degree in Economics and earned an MBA from the Crummer Graduate School of Business, concentrating in Finance and Management.

Organization Position Status
Milcom Technologies, Inc. Research & Financial Analyst Current
Milcom LLC Financial Analyst Former
Rollins College Bachelor of Arts Degree In Economics and Earned Former

Organization Position Status
Magnolia Broadband, Inc. CEO Current
Milcom Technologies, Inc. Current
Mobility Ventures Current
Axesstel, Inc. Chairman Current
Genesis Campus Board of Directors Current
Datrek Professional Bags, Inc. Board of Directors Current
CallWave, Inc. Board Member Current
Elandia Group Board of Directors Current
Elandia International Inc. Board of Directors Current
Forefront Holdings, Inc. Board of Directors Current
Bitwave Semiconductor Inc. Board of Directors Current
Fuze Meeting Board Member Current
Axesstel, Inc. Board of Directors Current
Fenix LLC CEO Former
Union Pacific Corporation CEO Former
Nokia Corporation Senior Executive Former
Philips Electronics Ltd. Former
Magnolia Broadband, Inc. Board of Directors Former
Georgia State University MBA In International Business Former
Georgia State University Bachelor of Science Former
Techni Cal Inc Bsee Former

Organization Position Status
Milcom Technologies, Inc. Current
Technology Strategies Alliances chairman Former
Anteon International Corporation Board of Directors Current
Procurement Round Table Member Current
American Institute of Aeronautics and Astronautics, Inc Fellow Current
Technology Strategies Alliances Chief Executive Officer Former
MicroSystems, Inc. Former
MIT Lincoln Laboratory Former
Exostar LLC Chairman of The Board Former
Deticadfi Board of Directors Former
Stanford University Ph.D. in Aeronautics and Astronautics Former
Massachusetts Institute of Technology Master of Science degrees in both Aeronautics and Astronautics and in Electrical Engineering Former
Air Force Academy Bachelor of Science Former

Organization Position Status
Milcom Technologies, Inc. Current

Mr. Doran has extensive experience and background in merchant banking, venture capital and project management and has worked for various technology companies including Milcom Technologies, Triton Network Systems and Teranex. Mr. Doran was responsible for certain financings and acquisitions from Rice University and for developing strategic manufacturing relationships in Asia. Mr. Doran is currently directing the international sales and client development efforts for IBC.

Organization Position Status
Industrial Biotechnology Director, Vice President, Sales & Client Development Current
Triton Network Systems, Inc. Current
Milcom Technologies, Inc. Current
Teranex, Inc Current
Rice University Former

Organization Position Status
Milcom Technologies, Inc. Current
CNBC Former

Richard Lockie is an experienced investor and Corporate Director. Over the years he has worked with emerging companies in the health care field as a CFO, CEO, Director and Chairman. His deep relationships with the financial community and the health care industry have enhanced value for the companies under his watch. Richard was the founding employee of MDS Capital Corp. in 1988 and was instrumental in building the company to a preeminent position in the industry. MDS Capital Corp. was the first Venture Capital company in Canada and one of the first in North America to focus exclusively on health care. With MDS Capital Richard focused on investments in health care software, medical devices, services and diagnostics. He has chaired a number of private and publicly listed portfolio companies and currently holds the position of entrepreneur in residence at MaRS . Richard holds an MBA from the Richard Ivey School of Business and a BA in Economics from The University of Western Ontario in London, Ontario.

Organization Position Status
Insception Biosciences Inc CEO, Executive Board Chair Current
MDS Capital Managing Director, Private Equity Current
Milcom Technologies, Inc. Board Member Current
Insception Biosciences Inc Board of Directors Current
The University of Western Ontario MBA Former
The University of Western Ontario BA In Economics Former
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