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  24 avril 2020

  What To Watch For As A&D Companies Plan Future With COVID-19

  Michael Bruno April 21, 2020 Companies have good quarters and bad quarters, but rarely does a whole industry sound like it just got sucker-punched. That's what the next few weeks will be like in the aerospace and defense sector, and for sure there will be headlines describing industrial carnage as the industry gasps for air and works to recover after COVID-19. The truth is the aerospace and defense (A&D) supply chain suddenly is far too large for what is needed, maybe by a quarter or a third of excess capacity. As a result, quick or methodical cutbacks in manufacturing and services are expected throughout the syndicates that make airliners, business jets and other aircraft. As public companies report their latest quarterly financial results in late April and May, they will have to address the year ahead and offer insight into their response plans. Unfortunately, business as usual prior to COVID-19 is not expected until 2022 or later, according to numerous analysts and advisors. And that is just too long to carry extra financial costs, which means all levels will feel pain. “The COVID-19 decline is a serious risk for commercial OEM plays—Boeing, Spirit AeroSystems, Allegheny Technologies, Hexcel, Howmet Aerospace, Triumph Group and Carpenter Technology,” Cowen analysts say. “Aftermarket ‘relative safe havens' Honeywell International, Heico and TransDigm Group also face stiff near-term headwinds, with more serious risks at General Electric.”

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  6 avril 2021

  Commercial Interest Grows in Defense Innovation Unit

  The Defense Innovation Unit received nearly 1,000 proposals in response to its solicitations last year, another sign that the Pentagon's outreach to commercial industry is bearing fruit. DIU was launched in 2015 by then-Secretary of Defense Ash Carter to bridge the gap between the military and the nation's tech hubs. It is headquartered in Mountain View, California, in Silicon Valley, with additional outposts in Austin, Texas, Boston and the Pentagon. “DIU's mission to strengthen U.S. national security by increasing the military's adoption of commercial technology and to grow the national security innovation base is critical not only to maintaining a strategic advantage over our adversaries but also to the strength of our economy,” the organization said in its recently released 2020 annual report. Over the past five years, the unit has leveraged more than $11 billion in private investment, the document noted. “The startups, established companies, venture capital firms, investors and traditional defense contractors that DIU works with to deliver the best commercial technology to the Department of Defense are ... fundamental sources of dual-use technologies,” it said. In 2020, DIU initiated 23 new projects, a 35 percent year-over-year increase. It received a total of 944 commercial proposals and increased the average number of proposals per solicitation by 52 percent compared with 2019. Fifty-six other transaction agreements for prototyping were awarded to companies, the majority of which were small businesses or nontraditional firms. A total of $108 million in prototype funding was obligated. Between June 2016 and December 2020, DIU facilitated more than $640 million in prototype funding, according to the report. Notably, the unit in 2020 facilitated the transition of 11 successful commercial prototypes to its Defense Department partners for large-volume procurement, an increase of 22 percent over the previous year. About 43 percent of DIU's projects to date have yielded at least one prototype that has transitioned to production, according to the report. Fifty-one ongoing projects have prototypes that will be eligible for transition to production if successfully completed. “What began in 2015 as an experiment to lead Department of Defense outreach to commercial innovators has become a gateway for business between leading-edge companies and the U.S. military,” the report said. DIU's main technology focus areas have been artificial intelligence, autonomy, cyber, human systems and space. In October, it added advanced energy and materials to its portfolio. “We look forward to providing even more high-impact solutions that will bolster our military's strategic, operational and tactical advantage,” the organization said.

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  20 juillet 2022

  BIND 4.0 | Call for proposal

  The BIND 4.0 International Open Call for Startups to apply for the chance to put innovation into action with paid contracts with industry leaders, is now active and accepting applications! Who do we Work With? Young companies worldwide developing solutions that can be applied to the Intelligent Industry, Clean Energy & Sustainability, Health Tech and/or Food Tech sectors for our 65+ Corporate Partners based in the Basque Country, Spain. The technologies of interest are wide ranging and not limited to: AI, Cybersecurity, Big Data Analytics, IOT/IIOT, Smart Energy, AR/VR, Machine or Artificial Vision, Collaborative Robotics, Additive Manufacturing, Biobased Solutions, Clean Tech, New Materials, NanoTech, Medical Devices, Smart Sensors, etc. Why BIND 4.0 Open Innovation & Acceleration Program? It is a government sponsored initiative with 6 years of proven track record accelerating over 160 International Startups and catalyzing countless business opportunities. 45K Average Contract Amount 65+ Big Name Reference Clients High Impact Acceleration, Mentoring & Support Zero Equity Taken & No Fee to Participate Please Share our International Startup Open Call. If you'd like us to prepare something targeted to your newsletter or startup portfolio please let us know. Easily share our latest social media posts and upcoming Webinar events via the links below. Key Details and links: Startup Open Call, Accepting Applications Deadline Sep 8, 2022 BIND 4.0 Webinar Presentation with Alumni July 28, 2022 BIND 4.0 Webinar Presentation with Alumni Aug 30, 2022 BIND 4.0 2022 Program Catalogue 2022 Catalogue BIND 4.0 Website For More Resources www.BIND40.com HTML Email Open Call Announcement Link to Email Message LinkedIn Open Call Post BIND 4.0 2022 Open Call Twitter Open Call Publication BIND 4.0 2022 Open Call We Value Collaborative Partnerships. Remember, for our Collaborative Partners with relevant topics and programs, we offer event promotion via our alumni newsletter or social media, targeted startup referrals, plus networking via invitations to innovation events. Have Any Startup Recommendations? Send us a quick email with any Startups that you think could be a good fit for our immersion, acceleration and open innovation program. Send their contact info so we can reach out to them directly and fast track their application based on your referral. Startups can set up a 1:1 Meeting with us, or if you'd rather send them this Link to Apply, the application deadline is September 8th.