Networks / Cyber

Defense innovation industry white paper

Key observations from the evolving defense innovation ecosystem, including new programs and private market deal dynamics.

presented by

KAL Capital – White paper cover image

The US National Defense Strategy calls for a “broad and deep change in how we produce and manage military capability”. A key component of driving this change includes adapting and fortifying our defense innovation ecosystem with an emphasis on private sector collaborations – specifically with contractors, investors, and the broader early-stage technology start-up sphere.

Properly resourcing the founders building and integrating critical and emerging technologies for the DoD is paramount for immediate national security concerns and contesting strategic geopolitical threats.

In the report we cover new motions from a top-down perspective, including:

  • RDT&E appropriations
  • Traditional and non-traditional funding programs
  • Fast-growing interest from private sector investors and strategic acquirers

The evolving defense innovation landscape highlights the growing advisory needs (M&A, capital raise, strategy) for founders navigating DoD and dual-use customer taxonomies. In 2023 KAL Capital launched its critical & emerging technologies venture and growth practice to serve this growing base of critical tech companies.

We are pleased to share the active trends shaping the ecosystem within this report. Please reach out to our team to learn more about the report and our suite of advisory services.

Down-Report-here-no-registration-required-CTA-blue