Posted May 04, 2021
AURA Technologies, a fast-growing artificial intelligence company in Raleigh, has landed a $50 million contract with the US Army Research Office.
The contract includes:
- machine learning algorithms for both time and frequency-domain data
- computer vision
- image recognition
It’s a big win in terms of financial and news impact for AURA, which launched in 2015.
AURA is coming off a big growth year in 2020 when it cracked the INC. 5000 list of fastest growing privately held companies at No. 125. AURA reported 2,933% growth in revenues over three years.
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