Daily News

In-Q-Tel exec nominated for DOD post favors 'light touch' on venture-backed firms

By Tony Bertuca  
May 14, 2018 at 5:15 AM
An In-Q-Tel executive nominated to serve as deputy under secretary for research and engineering said she believes there are major opportunities for the Defense Department to team with commercial technology firms backed by venture capital, but only if the government is willing to "take a back seat." Lisa Porter, director of In-Q-Tel Labs, said in written answers to advance policy questions for the Senate Armed Services Committee that it is important for the federal government to understand that venture firms...

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