Army adopts venture capital model to speed tech to soldiers

Army adopts venture capital model to speed tech to soldiers

The U.S. Army is rolling out a new initiative, dubbed Fuze, that leaders say will overhaul how the service invests in technology by borrowing from Silicon Valley’s venture capital playbook.The service is betting that venture-style risk-taking can shave years off procurement timelines and will determine whether Silicon Valley speed can mesh with Pentagon scale.“With Fuze, the Army is telling innovators that we’re open for business. Fuze will help…

Army launches VC-style model FUZE program to invest early in promising military tech - Breaking Defense

The Army Innovation Program is “shifting to this more deliberate, spiralized approach, where we can have rapid tech upgrades and tech refreshes throughout the life cycle,” the program’s director said.