Macquarie Capital, a global financial services group, recently announced its investment in Earth Resources Technology (ERT), a data systems and technology company that provides support to federal government agencies. Jared Doskow, senior managing director at Macquarie Capital Growth and Technology, expressed enthusiasm for the partnership, stating their commitment to helping ERT expand its client base, enhance its services, and explore opportunities for further growth.
Jingli Yang, CEO and co-founder of ERT, referred to the investment as a significant milestone and growth opportunity for the company. She highlighted Macquarie Capital as an ideal partner for ERT as they aim to strengthen their relationships with government agencies and enter new markets. Doskow and Larry Handen, senior managing director and head of growth and technology at Macquarie Capital, are set to join ERT’s board to provide guidance and support.
ERT offers a range of services including artificial intelligence, data analytics, enterprise computing, research and development, and engineering and operations for various missions related to satellites, weather, climate, oceans, and the environment. The partnership with Macquarie Capital is expected to help ERT expand its capabilities and reach in these areas.