Decisive Point and Newlab Announce 2021 NSIN Propel Cohort of Companies Selected to Apply Transformative Technology to Government, Defense, and Space
BROOKLYN, N.Y., July 19, 2021 /PRNewswire/ -- Decisive Point and Newlab today announced the 12 companies selected to participate in the NSIN Propel program. In partnership with the National Security Innovation Network (NSIN) and the Air Force Research Laboratory (AFRL), the NSIN Propel program enables the development of next-generation applications of emerging dual-use technology for government, defense, and space. As a center of gravity for the Department of Defense (DoD) innovation community in the Mid-Atlantic region, the program leverages the partners' deep expertise in federal acquisitions, emerging technology acceleration, and product design and prototyping to help create viable pathways towards adoption of commercial technologies across the U.S. Government enterprise.
Located at Newlab's 84,000 square-foot flagship location in the Brooklyn Navy Yard, the program pairs Decisive Point's unique defense and government acquisition expertise with Newlab's proven Innovation Studio model, through which Newlab partners with Fortune 500s, civic leaders, and leading innovators to solve complex challenges. Along with Newlab's specialized facilities, product development resources, and an existing ecosystem of advisors and investors, Decisive Point will create opportunities for direct engagement with defense stakeholders and give founders skills to scale their technologies in the federal market.
Throughout the program, member companies will engage directly with AFRL and the broader DoD community to understand their needs and adapt commercial solutions to solve national security challenges. NSIN Propel will help members develop practical acquisitions knowledge and capacity, giving member teams demonstrable capabilities in the federal market and momentum to raise capital from private investors; build relationships with defense and commercial customers; and win government contracts. NSIN Propel member companies are currently developing solutions with a focus on sensors, autonomous systems, connectivity and data fusion, and with the end goal of delivering safety, resilience and agility to the DoD.
"The DoD is a large technology customer, yet early-stage companies struggle to navigate the complex government procurement process. The goal of NSIN Propel is to give founders the skills to enter the defense market and ensure that the U.S. military continues to lead at the cutting-edge of next-generation technology," said Ryan Benitez, Principal at Decisive Point.
"We are proud to partner with NSIN Propel to empower the next-generation applications of dual-use emerging technology that will address critical challenges facing the DoD," said Shaun Stewart, CEO at Newlab. "By combining Decisive Point's deep expertise in the government and defense space with Newlab's experience driving innovation, NSIN Propel will foster an unparalleled innovation ecosystem that will transform the future of government, defense, and space."
In May 2021, NSIN Propel announced a national open call inviting early-stage ventures to apply to the program. Following a diligent review and selection process, including feedback from DoD agencies seeking solutions to key challenges, NSIN Propel recruited 12 advanced startups from across the country, and will be supporting them as they transform their technology into actionable capabilities and scalable solutions for the DoD. The selected companies bring already validated technologies with commercial applications that NSIN Propel will hep to reposition and scale for DoD use cases.
The following companies were selected to participate in the 2021 NSIN Propel cohort:
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