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Ukpeaġvik Iñupiat Corporation owns 212,000 acres (858 km 2) of land in Alaska's North Slope Borough. [4] As provided under ANCSA, subsurface estate in UIC lands is owned by the Alaska Native regional corporation for the region, Arctic Slope Regional Corporation.
Key Calista Corporation business industries include aerospace and defense, construction, cybersecurity and IT services, engineering, environmental services, heavy equipment sales and rental, facility support services, marine services, metrology services, moving and warehousing, oilfield services, real estate, rock and aggregate products. [10]
The Alaska Native Allotment Act of 1906 (34 Stat. 197) granted land ownership rights to individual Alaska Natives.The act, which predated the more comprehensive Alaska Native Claims Settlement Act (ANCSA) of 1971, was an early attempt by the United States government to address land rights for indigenous peoples in Alaska.
TAC's primary business areas are in the areas of government contracting, telecommunications, environmental remediation, real estate management, trust management, sales of sand, gravel, mineral, and rock aggregates, and investments in oil and gas producing properties and marketable securities. Under federal law, The Aleut Corporation and its ...
Sealaska has established a Permanent Fund, comprising investments in stocks, bonds, real estate, and private equity funds, as a source of shareholder dividends. Sealaska reinvests a significant portion of its earnings back into its community-oriented subsidiaries and offers opportunities for young shareholders.
In 1971, barely one million acres of land in Alaska were in private hands. [33] ANCSA, together with section 6 of Alaska Statehood Act, which the new act allowed to come to fruition, affected ownership to about 148.5 million acres (601,000 km 2) of land in Alaska once wholly controlled by the federal government. [33]