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Company Dossier

CarteNav Solutions

CarteNav Solutions builds AIMS-ISR and AIMS-C4, ITAR-free C4ISR mission-management and common-operating-picture software deployed on 600+ airborne, maritime, and ground platforms across 60+ countries.

FILE · cartenavOpen-source file · BattlePolicy ProStatus Subsidiary of PAL Aerospace / Exchange Income CorpVerified
CarteNav Solutions
C4ISR/SensorsCASubsidiary of PAL Aerospace / Exchange Income Corp
CarteNav Solutions builds AIMS-ISR and AIMS-C4, ITAR-free C4ISR mission-management and common-operating-picture software deployed on 600+ airborne, maritime, and ground platforms across 60+ countries.
Founded
2002
HQ
Halifax, Nova Scotia, Canada
Headcount
Undisclosed
Total raised
UndisclosedEIC subsidiary
Valuation
Undisclosed
Stage
Subsidiary — Exchange Income CorporationTSX: EIF

Background

CarteNav was founded in August 2002 in Halifax, Nova Scotia; neither the founders nor a current CEO are publicly disclosed.

The company was subsequently acquired by PAL Aerospace and sits today within the Exchange Income Corporation (EIC) family of subsidiaries.

Its flagship product, AIMS-ISR, is a multi-role mission-management platform covering sensor control, geo-referenced moving maps, live video and data processing, cross-sensor cueing and tracking, SIGINT integration, evidence reporting, and augmented reality.

The companion platform AIMS-C4 handles real-time and historical ISR data dissemination and common operating picture. A third product, MissionLink, functions as a mission-systems data-exchange and communications unifier across the CarteNav ecosystem.

CarteNav markets AIMS-ISR as ITAR-free, positioning it for allied and non-U.S. customers across military, civil aviation, law-enforcement, and search-and-rescue operators.

The company does not publicly disclose headcount. The 600-plus installation figure across more than 60 countries as of mid-2025 represents its primary public scale indicator.

Financial footing

  • Royal Australian Navy
  • 600+ installs in 40+ countries
  • Backers: EIC

CarteNav operates as a wholly owned subsidiary of PAL Aerospace, which is itself a subsidiary of Exchange Income Corporation (EIC), a Winnipeg-based TSX-listed holding company (ticker: EIF). No standalone valuation, discrete acquisition price, or venture-funding round for CarteNav has been publicly disclosed.

EIC does not break out CarteNav's revenue or backlog separately in public filings. Because CarteNav is a private subsidiary of a public parent, its financials are consolidated into EIC's Aviation segment reporting rather than disclosed independently. No debt facility, equity raise, or grant specific to CarteNav appears in available public records.

Major customers & contracts

The Royal Australian Navy is a publicly named military customer. The Government of Canada is identified as a customer across CarteNav's public materials. The New Zealand Ministry of Defence operates AIMS-ISR on special-mission aircraft. The UK National Police Air Service is a named law-enforcement customer. Frontex, the European Border and Coast Guard Agency, is listed as an operator.

Police Scotland and the National Coast Guard are additional named users. Heliwest Group in Australia is identified as a customer and platform integrator. No contract ceiling values or formal award dates are publicly disclosed for any of these relationships. In aggregate, CarteNav claims more than 600 installations across more than 60 countries as of 2025, with military, paramilitary, coast guard, and civil-aviation operators represented across that base.

Leadership & contact surface

Official site: https://cartenav.com

Contact policy. BattlePolicy maps roles and official, published channels only — who owns a decision and the front door — never individuals’ personal phone numbers, private emails or home details. This keeps the file GDPR-clean and welcome to the companies we profile.

Competitive position

CarteNav competes primarily against Rheinmetall Canada's VINDICATOR ISR management suite, Elbit Systems' COMC3 and associated mission-system software, and L3Harris's Wescam-integrated ISR software stacks, as well as Systematic's SitaWare for the common-operating-picture layer. Against Elbit and L3Harris, CarteNav's principal edge is its ITAR-free status, which allows it to pursue allied and non-Five Eyes customers without U.S. export-license friction — a meaningful advantage for European, Asia-Pacific, and Middle Eastern procurement.

Against Systematic's SitaWare, AIMS-C4 competes on tighter ISR-sensor integration but lacks SitaWare's broader land-force command-and-control adoption. CarteNav's weakness relative to all named competitors is scale: it is a small subsidiary without a standalone defense prime's integration resources or balance sheet. The market for airborne ISR mission software is fragmented, platform-specific, and driven heavily by OEM partnerships and national procurement preferences.

Battlefield relevance

No confirmed combat use to date.

Sources & verification

🔒 BattlePolicy Pro — the analyst verdict on CarteNav Solutions follows: where this file is strong, where the evidence is thin, and what would change our assessment. Unlock with BattlePolicy Pro →