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, 75,209 square foot, Class-A office building in Anchorage, Alaska.
On February 13, 2002 Olga Bay, LLC. was incorporated. Olga Bay provides 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. This includes opportunities to view the prehistoric petroglyphs on our private lands at the southern tip of Kodiak Island, Alaska. The imagery of these ancient markings are captured in the icons of our many companies.
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 8(a) company – Real People providing Real Solutions to the Government. Since then we have launched several other subsidiaries into the 8(a) marketplace including Supiat Defense LLC, focused on Risk Management, Cyber Resilence, and COOP; and Jadin Tech (acquired on January 2, 2018) with core capabilities including sUAS, Simuluation and Training, and Aviation Services. Our Sugpiat Family of Companies use an asset light business model to deliver leading-edge technologies.
We remain focused on growth and returning value to our shareholders by investing our financial assets to provide healthy returns far into the future.