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Today: September 24, 2024
March 2, 2024
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AFWERX exits Defense Venture Program, shifts focus on innovation


TLDR:

AFWERX has decided to end its involvement in the Defense Ventures Program, a public-private partnership that placed military personnel and civilians in startups and venture capital firms. The program had 450 alumni.

  • AFWERX ends participation in Defense Ventures Program
  • Program had 450 alumni

The decision by AFWERX to discontinue its participation in the Defense Ventures Program marks the end of a public-private partnership that provided officers, enlisted personnel, and U.S. Defense Department civilians with opportunities to work in the startup and venture capital world. The program, which had 450 alumni, aimed to enhance innovation within the U.S. Air Force and the broader defense sector.

Despite the end of AFWERX’s involvement in the program, individuals interested in accessing the market intelligence and data related to aerospace and defense can still do so through the Aviation Week Intelligence Network (AWIN) and Aerospace Daily & Defense Report.


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