New DOD legislative proposal seeks to bridge 'valley of death'

By Georgina DiNardo / April 1, 2024 at 2:05 PM
The Defense Department has sent Congress a legislative proposal intended to help small companies bridge the "valley of death" by hastening the progression of critical technologies from prototype to production. The proposal seeks amendments to the Defense Research and Development Rapid Innovation Program, including renaming the program and altering its mission to focus on the innovative technologies of small companies. The Defense Research and Development Rapid Innovation Program was established in 2011 with the goal to “accelerate the commercialization of...

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