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Beacon's CEO Delivers Congressional Testimony on Fostering U.S. Innovation

  • On February 26, 2025, in Washington, D.C., Beacon CEO ML Mackey offered testimony to a Congressional panel focused on small business, addressing the significance of the SBIR/STTR Programs.
  • The testimony emerged from the need to strengthen SBIR/STTR Programs as key pathways for smaller high-tech innovators to access federal R&D funds and support national defense.
  • Mackey highlighted the importance of retaining new participants to strengthen a contemporary, varied, and robust U.S. Defense Industrial Base, and advocated for renewing the SBIR/STTR programs with enhanced support for technology commercialization and improved oversight to ensure accountability.
  • She emphasized that recruiting and keeping fresh talent able to quickly provide cutting-edge solutions to the military is vital for developing a contemporary, inclusive, and robust U.S. Defense industrial base.
  • Beacon has successfully transitioned SBIR investments into digital products deployed on over 200 U.S. Navy ships and multiple worldwide shore locations, demonstrating the programs' value in fostering innovation and growth.
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Beacon's CEO Delivers Congressional Testimony on Fostering U.S. Innovation

WASHINGTON, April 30, 2025 /PRNewswire/ -- ML Mackey, CEO of Beacon, recently provided testimony to the House Small Business Committee on the importance of galvanizing the SBIR/STTR Programs which provide a continuous pathway to Federal R&D funds for the smaller…

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Charleston Gazette-Mail broke the news in Charleston, United States on Thursday, May 1, 2025.
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