Who we are
Koniag, Inc. (the Company) is a regional corporation formed pursuant to the Alaska Native Claims Settlement Act of 1971 (ANCSA). The Company is owned by 3,879 Alaska Native Shareholders. Approximately 60% of the Shareholders live within the state of Alaska.
ANCSA settled the aboriginal land claims of the Alaska Native people by providing for conveyance of money, land and other natural resources to regional corporations and village corporations within each region. The Company’s original share of this entitlement was $24 million and approximately 800 acres of surface estate and approximately 900,000 acres of subsurface estate.
As of March 31, 2012, the Company has interim conveyance or patent to approximately 105,000 acres of surface estate and approximately 900,000 acres of subsurface estate. The additional surface estate received is a result of a merger with two village corporations and the subsurface is entitled under ANCSA.
The Company continues to pursue a business strategy that reduces risk through diversification while focusing on improved profitability and growth by investing in and developing greater expertise in core businesses and industries. This strategy has driven and continues to drive investment and divestiture decisions of the Company.
Koniag subsidary company Koniag Information Security Services (KSS) once again made the Washington Business Journal’s “2016 Top 50 Government Technology Contractors” list. Quyanaa to our KSS family for all of your hard work!more
Koniag subsidiary company Open Systems Technologies, or OST, has been named by the Association for Corporate Growth, or ACG, Western Michigan as the recipient of the 2016 Outstanding Growth Award.
“This award is a testament that our company’s guiding principles of honoring our families first, delighting our clients, serving with humility and embracing entrepreneurship [...]more
Congratulations to the newly elected Board of Directors Ron Unger, Conrad Peterson and Sven “Fish” Haakanson Jr. We appreciate all of our Shareholders voting and being involved in this very important process. Quyanaa.more
Our thoughts and prayers are with the family of Koniag Director, Richard Frost, who passed away on September 28, 2016 in Anchorage, Alaska. Richard served as a member of Koniag’s Board of Directors from 1984-1986 and from 1996 to present. During his tenure on the board, at one time or another, Richard held every board [...]more