Connect with us


New Department of Defense connects next-generation tech developers with needed capital > US Department of Defense > Department of Defense news


The Department of Defense today announced the creation of the Office of Strategic Capital (OSC). The new office is intended to help secure the necessary funding to bring to market technologies currently or in the future that are in development, which may be important to the requirements of the U.S. military.

“The next generation of biotechnology and quantum science often requires long-term funding to bridge the so-called ‘valley of death’ between the laboratory and full-scale production.” Gen. Pat Ryder , said in today’s briefing: “These technology companies are also plagued by a limited supply of long-term ‘patient capital,’ resulting in technology developed with the help of federal research grants and contracts. Even if there is, it will not be possible to transfer the technology to a military capability. ”

OSC was launched by Secretary of Defense Lloyd J. Austin III to allow companies developing technology that may one day be used to support national defense to mature that technology and then to mature that technology. The goal is to help raise funds to make it possible. Enter full-scale production. The types of technology in which the OSC is interested are those that are typically primarily of commercial interest and not purchased directly by the agency, but that enable future defense capabilities.

Ryder says the OSC’s mission is unique. Other innovation organizations within the sector, such as the Defense Advanced Research Projects Agency (also known as DARPA) and the Defense Innovation Unit, are also working to support the development of critical technologies.

“The OSC aims to increase investment between science and technology-focused organizations such as DARPA and commercial-oriented organizations such as the Defense Innovation Unit, enabling key technology companies to develop large-scale production We aim to increase the capital available to help us reach ,” Ryder said.

Ryder said OSC is looking to differentiate how it provides support and is investigating the use of non-acquisition-based financial tools, such as loans and loan guarantees.

“Given the fact that the sector relies on advanced technology for many of the functions it needs to remain competitive, this allows us to work with investors, work with industry, and otherwise fund You get another feature that ensures programs that may not be offered, can be funded in a way that is unattractive to investors and understands them…the so-called “death valley” “It gives us another tool in our toolkit that will ensure we remain competitive against strategic competitors such as China and Russia.”




The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos


to request, modification Contact us at Here or [email protected]