Leonid Capital Partners

ION Storage Systems, LLC specializes in the manufacture of solid-state lithium-ion batteries, targeting industries such as defense, aerospace, consumer electronics, and electric vehicles. Established in 2015 and based in College Park, Maryland, the company focuses on developing batteries that are energy dense and safe for diverse applications. Their innovative solid-state battery technology features a design consisting of two sponges on either side of a thin ceramic separator, utilizing low-cost, non-flammable materials. This approach not only enhances safety but also ensures the batteries are lightweight and compact, making them suitable for various environments and mission-critical needs.

Equinox Innovative Systems LLC, established in 2016 and based in Annapolis, Maryland, specializes in advanced multirotor drone technology, particularly focusing on tethered and heavy-lift drone systems. The company develops drones equipped with mountable antennae, cameras, and transmitters, which are designed to provide a range of services including surveillance, inspection, and communication. Equinox's products cater to the aerospace, defense, and commercial sectors, enabling clients to conduct maritime surveillance, access cellular services in remote locations, and enhance reconnaissance capabilities in conflict zones. The company also offers engineering services and drone services to support its clients' diverse operational needs.