AVA Risk Group (ASX: AVA) has secured a strategic investment from US-based Hale Capital Management to accelerate its expansion into the United States.
Under the agreement, AVA could receive up to $7 million through a secured convertible loan note and up to $5.6 million via associated warrants, subject to shareholder approval.
The funding will support AVA's next phase of growth, including scaling commercial and operational capabilities in the US, deploying its detect, access, and illuminate solutions across critical infrastructure markets, and leveraging Hale's network to expand customer penetration and potential strategic partnerships.
Hale Capital, a specialist investor in national security and technology companies, brings extensive experience in US federal, state, and enterprise markets, along with deep relationships across critical infrastructure, telecommunications, utilities, and government-adjacent sectors.