1941.
The investment opportunity in National Security.
Background
With uncertainties ever-present, the U.S. and Australia will continue to forge ever stronger relations. Businesses that best manage and take advantage of this will be the most successful. As our respective national security capabilities increase, and interoperability and related technologies are harnessed in commercial industries; the opportunities for businesses on both sides of the Pacific Ocean will increase significantly.
The manner in which our countries respond to changing geo-political and environmental challenges in the Indo-Pacific and beyond will shape the 21st century. Successive Australian Governments and U.S Administrations have recognised the importance of science and innovation in the National Security sector. With a focus on dual-use businesses and technologies, particularly in the defence, cyber, intelligence, space and related national security industries, 1941 will help Australian and U.S. businesses harness the world-leading expertise and resources required to grow as they deliver innovative technologies and products needed to address the broad spectrum of national security challenges now and into the future.
The Hon. Ambassador Joe Hockey (Ret.)
On behalf of Bondi Partners and Ellerston Capital, I am pleased to introduce you to 1941, named to recognise the deep and enduring alliance between Australia and the United States with its origins etched in history by Prime Minister Curtin.
Bondi Partners is a unique geopolitical, strategic, and investment advisory firm, with unrivaled insight into the Australian and United States alliance. Our investment partner, Ellerston Capital, is a leading Australian-based investment manager with a hard-earned reputation of creating long-term value for clients.
It is with this combined insight and experience that we identify, invest and help grow the next generation of Australian and U.S. success stories – focused on National Security dual-use technologies – across both sides of the Pacific Ocean.
1941 invests in those businesses where Bondi Partners, together with Ellerston Capital, can help them identify the best way forward and to secure the support they need.
Sincerely,
The Hon. Ambassador Joe Hockey (Ret.)
Ashok Jacob
On behalf of Ellerston Capital, I am pleased to join The Honourable Ambassador Joe Hockey on this important and exciting journey.
Ellerston Capital is a specialist investment manager with a distinctive approach to portfolio construction and investment selection. We are passionate about creating value for our clients by identifying outstanding investment ideas and designing portfolios that perform over the long-term.
We partnered with Bondi Partners to combine our networks, offer our expertise and help Australian and U.S. businesses grow.
1941 invests in those businesses where Bondi Partners, together with Ellerston Capital, can help generate material value-add with a focus on National Security dual-use technologies, particularly in Defence, Cyber, Intelligence, and Space industries.
Sincerely,
Mr. Ashok Jacob
1941 Overview
1941's objective is to identify, invest in and help grow the next generation of Australian and U.S. success stories – focused on national security dual-use businesses and technologies – across both sides of the Pacific Ocean.
1941 focuses on early-stage private businesses and select investments in later-stage businesses and listed growth companies, particularly in the defence, intelligence, cyber and space industries, and other dual-use businesses with a commercial application to the national security sector.
National security is a cornerstone of the Australia-U.S. relationship. Ever since Australian Prime Minister John Curtin turned towards the U.S. for defence support in 1941, the relationship between Australia and the U.S. has continued to grow. In 2021, 80 years after this momentous decision, we have seen the importance of the alliance between Australia and the U.S. prosper with the formation of AUKUS.
Portfolio Overview
Company Overview
Founded by ex-military veteran Tom Moore, WithYouWithMe (WYWM) is an Australian social impact company that started as a talent incubation program to develop and transition military members back to the industry and has now evolved to an end-to-end enterprise software that enables organisations to discover the potential in people, train digital skills, deploy the right talent and grow digital capability.
Company Overview
Internet 2.0 is an early stage cyber-security company providing military-grade cyber protection, data capture, and consulting services to deal with cyber threats. The company is in the midst of transitioning from a predominantly consulting business to a ‘product as a service’ business that will combine proprietary hardware and software products. Its solutions aim to ensure that businesses of all sizes can afford to secure the internet.
Company Overview
Fleet Space Technologies is a growing Australian dual use space company. Its nano-satellite system in space connects to ground sensors that can scan the earth for the most likely spots for lithium and rare earth minerals.
Fleet has a growing blue chip customer base, including Rio Tinto, Barrick Gold, Iluka, AngloGold and Core Lithium. In 2023, the company also won an Australian Defence contract to demonstrate a low earth orbit satellite communication system with focus on tactical voice and data transmission.
Company Overview
LeoLabs has the world’s largest and most comprehensive commercial catalog of objects in low Earth orbit. It is transforming the way satellite operators, commercial enterprises and federal agencies across the world launch and track missions in low Earth orbit. Through its vertically integrated technology system, Vertex™, and its six patented radars globally, LeoLabs delivers the information needed to succeed in today’s space race.
With unmatched LEO coverage, real-time tracking and powerful insights, companies and governments rely on LeoLabs to safely innovate and execute a wide array of operations in space.
Bondi Partners
We are a specialist firm with unrivalled qualifications, experience and deep networks across the highest levels of government and business.
Ellerston Capital
Ellerston Capital is a specialist investment manager with a distinctive approach to portfolio construction and investment selection.
Contact Us
For any inquiries please contact the 1941 team.