What Happened
Supporting Innovation In Defence Through Strategic Funding
The US Department of War is investing over $3 billion in small businesses annually through the Small Business Innovation Research and Small Business Technology Transfer programmes. These programmes provide non-dilutive funding to support the development and commercialisation of technologies across different sectors, with a focus on areas such as AI and autonomous systems. The Department’s support for small businesses aims to increase innovation and reduce the time and investment required to bring new technologies to market, as reported by DSEI Gateway.