The Defense Department abruptly decided to stop funding Shift, a $2 million fellowship program that strengthened the Pentagon’s relationship with startups and venture capitalists.November, hundreds of people from Silicon Valley gathered at a defense tech conference in Washington, D.C. to urge the Pentagon to collaborate with the tech industry.
“How can industry investors possibly validate any demand signal from the with this kind of disregard for a universally praised innovation program?” Slagh, a U.S. Navy veteran, told. “The adversaries of the U.S. don't need to do anything but standby and watch us defeat ourselves.” In a statement, AFWERX said that it did not renew the funding for Shift “due to fiscal constraints and expected funding cuts” in the coming financial year. In its memo to former fellows, seen by, the unit said, “Our goal is to continue to accelerate the connection between industry and Airmen by iterating on the knowledge gained from the Defense Venture Fellows program.”
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