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Pentagon Holding First ‘Trusted Capital Marketplace’ Event In October, Focused On Small UAS

Pentagon Holding First ‘Trusted Capital Marketplace’ Event In October, Focused On Small UAS
Quadcopter drone that can be purchased commercially by anyone.

The Pentagon will hold the first event for its new program to connect technology start-ups with “trusted sources of private capital” in October and will focus on small unmanned aircraft systems, the department’s top acquisition official said Monday. Ellen Lord, the undersecretary of defense for acquisition and sustainment, told reporters during a press briefing the “Trusted Capital Marketplace” program will look to bolster U.S. venture capital firms’ investment in emerging defense technologies, facing increasing interest from foreign countries such as…

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