Torch Technologies
Employee-owned defense contractor providing R&D, systems engineering, modeling and simulation, test and evaluation, and IT services to the U.S. Department of Defense.
Torch Technologies is a 100% employee-owned defense contractor in Huntsville, Alabama, founded in 2002 by Bill Roark and Don Holder. It sells research, development, engineering, modeling and simulation, test and evaluation, software, cybersecurity and unmanned-systems services. Its key customers are the Army, Navy and Missile Defense Agency, and it earns revenue through government service contracts. It reported about $518M in revenue in 2019, and its website now cites more than 1,200 employee-owners. It is not an AI-product company, so the 'AI company' label does not clearly fit.