PS

Paragon Solutions

company active
Israeli spyware company; Graphite developer; US government client

Israeli spyware company founded by Unit 8200 veterans. Developer of 'Graphite' surveillance tool. Unlike NSO's Pegasus, Paragon was explicitly marketed to Five Eyes countries. Reports indicate the US government was a Paragon client. Acquired by AE Industrial Partners (a US private equity firm with defence connections) in 2019.

22
Facts
3
Connections
10
Sources
View on Graph → ← Entity Directory
Connection Map
Key Connections
← Israeli Ministry of Defense institution
export_licensing
Paragon Solutions, an Israeli spyware company, requires export licenses from the Israeli Ministry of Defense for its Graphite surveillance tool
Facts (22)
Primary — Government & Official Records (2)
primary Paragon Solutions filed filing with the SEC on 2023-05-03. Accession number: N/A.
Date: 2023-05-03 Added: 07 Apr 2026 SEC FILING SEC EDGAR: filing — Paragon Solutions (2023-05-03)
primary Paragon Solutions filed filing with the SEC on 2004-03-18. Accession number: N/A.
Date: 2004-03-18 Added: 07 Apr 2026 SEC FILING SEC EDGAR: filing — Paragon Solutions (2004-03-18)
Secondary — Press & Filings (13)
secondary The complete absence of Paragon Solutions from standard corporate transparency databases, despite documented US government client relationships, indicates either deliberate operational security structuring or systematic use of alternate legal entities
Added: 07 Apr 2026 AI ANALYSIS
secondary The absence of public federal contracts for Paragon Solutions is confirmed through USASpending database searches, but this does not preclude classified intelligence procurement arrangements that would not appear in public contracting databases
Added: 07 Apr 2026 AI ANALYSIS
secondary The SEC filing analysis for Paragon Solutions lacks critical details including form types and accession numbers, preventing determination of filing significance or corporate continuity
Added: 07 Apr 2026 AI ANALYSIS
secondary The 19-year SEC filing gap likely represents two distinct entities sharing the Paragon Solutions name rather than continuity of a single company, given the Israeli spyware company's documented founding timeline around 2016-2017
Date: 2004-2023 Added: 07 Apr 2026 AI ANALYSIS
secondary The volume of simultaneous SEC filings on 2004-03-18 is consistent with a major corporate transaction such as an IPO registration, merger, or significant restructuring event
Added: 07 Apr 2026 AI ANALYSIS
secondary Absence of lobbying disclosures, court records, and corporate registration results in public databases suggests either limited public footprint, potential name variations in official records, or that the entity operates primarily through subsidiaries or alternate legal names
Added: 07 Apr 2026 AI ANALYSIS
secondary No federal government contracts found in USASpending database, indicating Paragon Solutions does not appear to be a significant federal contractor
Added: 07 Apr 2026 AI ANALYSIS
secondary Paragon Solutions had significant SEC filing activity on a single date (March 18, 2004) with at least 5 filings submitted simultaneously, suggesting a major corporate event such as an IPO, merger, restructuring, or regulatory response
Date: 2004-03-18 Added: 07 Apr 2026 AI ANALYSIS
secondary No parliamentary records found for "Paragon Solutions" in public databases as of 2026-04-07.
Added: 07 Apr 2026 UNVERIFIED Research: Paragon Solutions — Parliamentary records (no results)
secondary No court records found for "Paragon Solutions" in public databases as of 2026-04-07.
Added: 07 Apr 2026 UNVERIFIED Research: Paragon Solutions — Court records (no results)
secondary No lobbying disclosures found for "Paragon Solutions" in public databases as of 2026-04-07.
Added: 07 Apr 2026 UNVERIFIED Research: Paragon Solutions — Lobbying disclosures (no results)
secondary No corporate registrations found for "Paragon Solutions" in public databases as of 2026-04-07.
Added: 07 Apr 2026 UNVERIFIED Research: Paragon Solutions — Corporate registrations (no results)
secondary No usaspending contracts found for "Paragon Solutions" in public databases as of 2026-04-07.
Added: 07 Apr 2026 UNVERIFIED Research: Paragon Solutions — USASpending contracts (no results)
Inferential — AI-Reasoned (7)
inferential AE Industrial Partners' 2019 acquisition of Paragon Solutions appears to have been structured to avoid triggering standard SEC disclosure requirements, suggesting either a de minimis transaction value or acquisition of non-public entity assets rather than corporate shares
Date: 2019 Added: 07 Apr 2026 AI ANALYSIS
inferential AE Industrial Partners' 2019 acquisition of Paragon Solutions created a potential mechanism for classified US government contracts to be obscured through the US private equity firm's existing defense contracting relationships
Date: 2019 Added: 07 Apr 2026 AI ANALYSIS
inferential AE Industrial Partners' 2019 acquisition of Israeli Paragon Solutions may not have triggered SEC disclosure requirements, suggesting the transaction fell below materiality thresholds or involved non-public entities
Added: 07 Apr 2026 AI ANALYSIS
inferential AE Industrial Partners' 2019 acquisition of Israeli Paragon Solutions appears to have occurred without corresponding SEC disclosure filings, raising questions about regulatory compliance during the transaction period
Date: 2019 Added: 07 Apr 2026 AI ANALYSIS
inferential There is a probable entity identity mismatch between the 2004 SEC filing entity and the Israeli spyware company described, given the timeline inconsistencies with the commercial spyware industry's development
Date: 2004 Added: 07 Apr 2026 AI ANALYSIS
inferential The May 2023 SEC filing suggests renewed regulatory reporting activity, potentially indicating the company re-emerged, underwent a reverse merger, or resumed public trading status
Date: 2023-05-03 Added: 07 Apr 2026 AI ANALYSIS
inferential After the 2004 filing cluster, there is a nearly 19-year gap in SEC filing activity until May 2023, indicating either the company went private, was acquired, became dormant, or operated below SEC reporting thresholds during this period
Added: 07 Apr 2026 AI ANALYSIS
All Connections (3)
← Israeli Ministry of Defense institution
export_licensing primary since 2019
Paragon Solutions, an Israeli spyware company, requires export licenses from the Israeli Ministry of Defense for its Graphite surveillance tool
← NSO Group company
industry competitor / parallel market inferential since 2019
Both NSO Group and Paragon Solutions are Israeli surveillance technology companies operating in the same spyware/lawful intercept market, often competing for the same government clients.
← Unit 8200 (IDF) institution
alumni_founded_company secondary since 2019
Paragon Solutions is an Israeli surveillance technology company with documented links to Unit 8200 alumni, consistent with the pattern noted in documented facts about alumni-founded companies.
Sources (10)
2026 AI ANALYSIS government_disclosure Processed
2026 UNVERIFIED Research: Paragon Solutions — Parliamentary records (no results) parliamentary_record Processed
2026 UNVERIFIED Research: Paragon Solutions — Court records (no results) court_document Processed
2026 UNVERIFIED Research: Paragon Solutions — Lobbying disclosures (no results) government_disclosure Processed
2026 UNVERIFIED Research: Paragon Solutions — Corporate registrations (no results) government_disclosure Processed
2026 UNVERIFIED Research: Paragon Solutions — USASpending contracts (no results) contract Processed
2023-05-03 SEC FILING SEC EDGAR: filing — Paragon Solutions (2023-05-03) sec_filing Processed
2004-03-18 SEC FILING SEC EDGAR: filing — Paragon Solutions (2004-03-18) sec_filing Processed
2023-05-03 SEC FILING SEC EDGAR: filing — Paragon Solutions (2023-05-03) sec_filing Processed
2004-03-18 SEC FILING SEC EDGAR: filing — Paragon Solutions (2004-03-18) sec_filing Processed