The Defense Energy Technology Acceleration Challenges (DITAC) are designed to deliver state-of-art Energy, Cyber, Medical, Materials and Systems technologies to innovation prospectors from the Department of Defense (DOD), Industry and Investment. The Defense Energy Challenges culminate in a physical summit and showcase in Austin Texas, JW Marriott, December 1-3, 2015.
In collaboration with the National Security Technology Accelerator (NSTXL), these challenge programs represent a new acceleration model to rapidly prospect, vet and fund state-of-art technologies in alignment with war-fighter needs. Through a recently approved $100M Transaction Authority awarded to NSTXL by the DOD IACs, this DOD Transaction Authority is specifically designed for rapid prototype funding of technologies that address the military’s needs, while allowing for simultaneous corporate or private funding opportunities.
“This is truly a unique technology accelerator model for the country.” said Matthew Laudon, CEO, TechConnect, “Through our NSTXL partnership, we are assembling the Nation’s strongest concentration of DOD, Corporate and Investment leadership, along with a new funding vehicle to support early-stage technology commercialization. The DOD has traditionally been a key leader in innovation, delivering dual-use breakthroughs for both the military and civilian industry. Our goal is to help the military out-pace the increasing rate of innovation by matching the best-tech solutions with key military and corporate problems-sets.”
Technology Submissions are now open through August 14th. If you have a commercially viable early stage technology in any of the broadly defined domain areas of Energy & Resilience, Cyber & Security, Medical & Biotech, Advanced Materials and Defense Systems, we encourage you to submit your technology for review and program/showcase consideration.
For more information on the Defense Innovation Challenges link here: www.DefenseInnovation.us
TechConnect is a global innovation prospecting company, delivering the most promising technologies to the world’s leading corporate, investment and government clients. We strive to accelerate technology commercialization from lab-to-industry by providing partnering, funding and licensing opportunities to the global innovation community. TechConnect is headquartered in Austin, Texas, with offices in Cambridge, Massachusetts and Danville, California. For more information on our programs visit www.TechConnect.org.
The National Security Technology Accelerator (NSTXL) is a non-profit, membership consortium working to deliver cutting edge technologies to our national security as quickly and efficiently as possible. Our members include companies, universities, laboratories, incubators and investors. NSTXL engages with the Department of Defense to define technological needs and identify potential solutions in the commercial sector. As part of its operations, NSTXL manages a $100M contracting authority on behalf of DoD to identify, vet and prototype innovative technologies for military use. For more information, please visit www.nstxl.org.