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Pentagon Plans To Launch Virtual Trusted Capital Marketplace This Month

Matthew Beinart By
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Pentagon Plans To Launch Virtual Trusted Capital Marketplace This Month
Pentagon Acquisition Chief Ellen Lord (DoD Photo)

The Pentagon is planning to launch its virtual “Trusted Capital Marketplace” this month, a department official said Thursday, as it aims to bolster opportunities for U.S. venture capital (VC) firms to invest in emerging defense technologies. Ellen Lord, the department’s top acquisition official, said the electronic marketplace will serve as a means to provide smaller businesses working on innovative technologies more interaction with potential VC partners and help deter potential adversarial investment in those same companies. “It’s where we’re bringing…

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