Air force shark tank9/16/2023 ![]() The 30 companies were selected from a large pool of vendors that have bid for Small business Innovation Research (SBIR) contracts. “We are not trying to turn them into defense companies,” he said. He insisted that the Air Force wants to be a customer of the commercial space industry just like any other. Whereas private investors might require equity in companies they fund, the Air Force only is interested in buying a company’s product or service if it determines it is useful to the military, Roper said. “This shows that we have an open door to innovators, that we have funding that doesn’t have strings attached,” said Roper. ![]() Unlike traditional military source selections that can take weeks or months, at Pitch Day the winners are paid immediately. SMC selected a team of junior officers to serve as judges and recommend who should get contracts and for how much. Space Pitch Day will be an annual event organized by the Air Force Space and Missile Systems Center, said Roper. ![]() 7 the Air Force is hosting a Hypersonics Pitch Day in Niceville, Florida, near Eglin Air Force Base. Roper has championed live pitch events to help attract nontraditional vendors to do business with the Air Force. “We’re going to see a lot of great commercial technology that we’re going to be able to apply to military problems,” Roper told SpaceNews in an interview. These companies will have an opportunity to win on-the-spot contracts from a pot of money estimated at about $40 million, said Will Roper, assistant secretary of the Air Force for acquisition, technology and logistics. 5-6 in San Francisco focused on the space industry. Air Force has selected 30 startups and small businesses to participate in a live pitch event Nov.
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