US Navy CTO Urges VCs to Co-Invest as Military Eyes AI and Quantum Tech

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US Navy Chief Technology Officer Justin Fanelli is pitching a co-investment model where the Navy partners with venture capitalists rather than independently funding early-stage research. Fanelli highlighted recent procurement activity, including a $562 million deal for autonomous aerial refueling technology. The Navy has also updated its technology priorities, focusing on areas such as artificial intelligence and quantum computing. Fanelli is actively encouraging startup founders to build in these sectors, signaling strong future demand from the military.

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