The Pentagon has begun recruiting Silicon Valley startups in its efforts to finance and develop new military technologies and build a more flexible supplier network.
The Pentagon’s move to raise private capital in California comes amid fears that the consolidation of the US defense industry has led to a reliance on a few large companies that rely on public funding for research and Therefore, they stifle innovation.
Meanwhile, according to current and former Pentagon officials cited by the WSJ, China has advanced some key technologies, from small drones to hypersonic missiles, with the help of Beijing’s use of public-private management external funds.
By some estimates, Chinese investment in the high-tech sector exceeds $1 trillion, said Steve Blank, co-founder of Stanford University’s Gordian Knot Center for Homeland Security Innovation: “China is organized like Silicon Valley” and the Pentagon is organized like a Detroit automaker said and added: – This is unfair”.
Source: Rossa Primavera
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