Pentagon aims to link small UAS firms with 'trusted' venture capitalists under new program

By Justin Doubleday / August 20, 2019 at 2:53 PM
The Pentagon wants to boost American manufacturers of small unmanned aerial systems by connecting them with "trusted" venture capitalists as part of a new program being launched later this fall. Small UAS firms will be the initial focus of the new "Trusted Capital Marketplace" program, Ellen Lord, under secretary of defense for acquisition and sustainment, said today during a conference hosted by the Association for Unmanned Vehicle Systems International in Washington. "What we are going to focus on are small...

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