Heather Somerville / Wall Street Journal:

VCs put $100B+ in US defense tech startups since 2021, but convincing the Pentagon to buy from them has proven difficult; only a few had $25M+ in orders in FY23  —  Tech startups get cool reception from Defense Department despite its rhetoric that it will buy more from Silicon Valley

Heather Somerville / Wall Street Journal:

VCs put $100B+ in US defense tech startups since 2021, but convincing the Pentagon to buy from them has proven difficult; only a few had $25M+ in orders in FY23  —  Tech startups get cool reception from Defense Department despite its rhetoric that it will buy more from Silicon Valley

Source: TechMeme
Source Link: http://www.techmeme.com/240125/p13#a240125p13