Akhiok-Kaguyak, Inc. (AKI) was incorporated on June 29, 1979, as a result of the merger of Natives of Akhiok, Inc. and Natives of Kaguyak, Inc., both originally incorporated as Alaska Native Village Corporations under the Alaska Natives Claims Settlement Act of 1971.
Real estate served as the initial investment of the corporation and on November 6, 1996 1400 W Benson, LLC was formed with the purchase of a 5-story, 59,965 square foot, Class-A office building in Anchorage, Alaska.
On February 13, 2002 Olga Bay, Inc. was incorporated. Olga Bay, Inc. focuses on commercial hunting, fishing, and tourism including bear and wildlife viewing, archaeological hikes, and art and photo tours, to fund the monitoring and protection of AKI lands on Southern Kodiak Island.
In 2017, AKI Board of Directors resolved to enter into Alaska Native Corporation (ANC) 8(a) Federal contracting. After an extensive search, a new CEO with vast experience in ANC Government contracting was hired. The new leadership created a vision for a Sugpiat Family of Companies. Sugpiat is the Alutiiq word meaning Real People. In December 2017, Sugpiat Group, LLC was formed to foster entry into Government Services as AKI’s flagship 8a company – Real People providing Real Solutions to the Government. Sugpiat Group uses an asset light business model to deliver leading-edge technologies.
Shortly after, Jadin Tech, LLC was acquired on January 2, 2018. Jadin Tech delivers diversified consulting services focused customized solutions through leading-edge technologies to produce enhanced efficiencies, and cost reductions ensuring our customers achieve success.
We remain focused on growth and returning value to our shareholders by investing our financial assets to provide healthy returns far into the future.