David A. Felio
David A. Felio, (MS ME '93)
Chief Executive Officer
The Realtime Group
Dave Felio has a unique 24-year history of successfully driving the innovation process in both entrepreneurial and corporate environments. As President of L-3 Unmanned Systems from 2007 through 2011, he leveraged his expertise in executive leadership, emerging technology, and engineering to drive results.
In 1997 Mr. Felio, along with his co-founders, self-funded and launched Geneva Aerospace. Dave and his Co-founders self-funded Geneva, growing it into a multi-million dollar enterprise serving the US Navy, US Air Force, DARPA, USSOCOM, and several Military Prime contractors. As President, CEO, and Chairman of the Board until 2007, he grew the company, developed an exit strategy, and ultimately sold it to L-3 Communications. During the acquisition, he managed all aspects of the sale, from business valuation, due diligence, and contract negotiations. To facilitate a smooth transition, he accepted an offer to remain on L-3’s executive team.
While building Geneva, Dave pioneered autonomous and semi-autonomous control architecture solutions that were specifically developed to enable the balance of human control with machine autonomy. Prior to Geneva, he had a 14-year engineering career at Texas Instruments Defense Systems and Equipment Group (later acquired by Raytheon Systems Company) where he was a Member of the Group Technical Staff, developing missile flight controls for numerous autonomously guided weapon systems. While at TI, he created innovative solutions in advanced autonomy for a number of missile systems that are still in the arsenal today, including the Joint Standoff Weapon, HARM missile, Paveway, ERGM, and a number of classified systems.
In 2012, Mr. Felio partnered with a prominent area Private Equity firms to acquire The Realtime Group, one of North Dallas’s most outstanding embedded systems engineering companies. The Realtime Group specializes in product development of technology-intensive control devices for regulated industries such as medical, aviation, and defense.
Mr. Felio is an expert in identifying and recruiting talented professionals, leading teams to produce innovative products and solutions—bringing those ideas to the global market. As an inventor and pioneer, he excels in roles where he creates cutting-edge concepts that result in revenue and market share growth. He personally directed research and development (R&D) of numerous high-tech products such products as Viking 400, Cutlass Tube-Launched UAS, and Mobius™. He currently holds 5 U.S. Patents.
A graduate of University of Texas at Arlington, Mr. Felio completed a Master of Science in Mechanical Engineering. He obtained a Bachelor of Science in Electrical Engineering at Texas Tech University, where he was honored to be a member of the Texas Tech Electrical/Computer Engineering Academy of Distinguished Graduates. He currently serves on the Development Committee for the College of Engineering Board of Advisors for the University of Texas at Arlington. He currently resides in Flower Mound, Texas with his family.