SMX launches JV with Fusion Technology
On February 29, Herndon, VA-based SMX announced a six-year Mentor-Protégé agreement and a Joint Venture (JV) with Fusion Technology, a certified Historically Underutilized Business Zone (HUBZone) small business based out of Bridgeport, WV. Fusion Technology delivers mission-critical digital transformation, cybersecurity and biometric solutions to the U.S. federal government including the Federal Bureau of Investigation, Department of Homeland Security, and the U.S. Air Force.
The companies formed the joint venture under the U.S. Small Business Administration mentor-protégé program, which allows eligible small businesses to partner with more experienced government contractors like SMX, which serve as mentors to help foster small business growth and development. Under this agreement, SMX will provide Fusion with guidance in building a mature corporate infrastructure.
“The partnership between Fusion and SMX showcases our continued commitment to invest in small business partners as well as our focus to provide leading, outcome-driven, technology-advanced solutions to our government customers,” said Sandeep Dorawala, president of SMX’s Digital Solutions Group.
The joint venture will provide both member companies with new opportunities across the federal government. As a joint venture, it is positioned for upcoming strategic GWACs including NASA SEWP, ITES 4S, OASIS+, and COMET. The JV provides the federal government with the confidence of a large business, while simultaneously cultivating a small business to enable growth. SMX and Fusion will collaborate on their shared capabilities of cloud migration and integration, advanced infrastructure, life cycle support services, IT operation and maintenance, to better support our clients’ mission success. This agreement also positions Fusion for new growth opportunities in cloud, data analytics, and digital transformation.
“We are excited to have an innovative and forward-looking company, like SMX, as our mentor. Our agile software and cyber capabilities paired with SMX’s digital transformation expertise, position us to support the most complex missions in the federal government,” said Eli Hammerman, Fusion Technology’s chief growth officer.
Source: SMX
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