How the Air Force Plans to Win the Space Race

The U.S. Air Force Has Modern Solutions for Modern Problems You are receiving this email because you subscribed to Outsider Club. [Click here]( to manage your e-mail preferences. [Outsider Club logo] How the Air Force Plans to Win the Space Race By Ryan Stancil Written Mar. 16, 2019 You're a small business owner. You find yourself in front of a panel of investors. You have 15 minutes to pitch your business idea. You'll know then and there whether you get the contract. This was the idea behind a "Pitch Day" the United States Air Force recently held. It was a success, with $3.5 million in contracts handed to small businesses by the time it was over. That amount of money is pocket change in the grand scheme of the Air Force's operations. But it signifies a shift in the way things will be done when it comes to the creation of the tools and technology our military branches use. [You’re in for a ROARING big surprise!]( The first U.S. Space Force rocket to lift off from Cape Canaveral or Vandenberg Air Force Base may be using a futuristic propulsion system supplied by [this small company.]( That’s why quadruple-digit gains may be in this company’s immediate future. Rapid Decision Making for a Rapidly Changing World In all, 51 companies walked away with small contracts awarded by the USAF. These initial awards were no larger than around $158,000, but that's the kind of money that can act as the spark for the idea that has the potential for big future payouts. Think about household-name companies today — companies like Apple and Amazon — and the familiar origin story of the hungry entrepreneur toiling away in a garage. Those humble beginnings that eventually lead to innovative, money-making ideas are at the core of what Pitch Day is about. “Industry days happen when we think we know what we need,” Will Roper, Air Force assistant secretary for acquisition, technology and logistics, told reporters. “There were a lot of moments we looked at the companies at Pitch Day and said ‘I can’t believe we don’t already have that.’ Chemicals that let us find downed pilots, medical devices that stabilize, small radars that let us find people breaching a perimeter at an airbase.” That's the thing about innovation: You can never be sure where it's going to come from or what form it's going to take. By connecting with these small companies, the USAF is able to take advantage of fresh ideas as they come. From there, they can move quickly on getting them onto the constantly-changing battlefield of 21st-century warfare. [30-Cent Stock To Revolutionize Amazon Supply Chain]( Amazon ships out 5 billion packages each year and has a market cap of $800 BILLION. Now, one 30-cent chip stock is moving to the center of its logistics supply chain. Its new technology will forever change Amazon’s shipping. [Click here for the full story.]( These were only phase 1 contracts, which is basically the initial seed funding. A company that further establishes itself as a potential partner for the USAF would move on to phase 2 funding from there. That would involve more investment and development that leads to the prototyping stage. This method can complement the more traditional ways of research and development that you find with bigger, established defense companies. It allows that important work to continue while also making it possible for newer ideas to grow and become reality. Modern Solutions for Modern Problems Big money is pumped into military spending every year. After all, 2019's defense budget topped $716 billion. The majority of that money, of course, goes to companies like Lockheed Martin, General Dynamics, and Raytheon. But the thing about those companies is their scale makes it so that the weapons and systems they develop often take years, and billions of dollars, before anything even reaches the prototype stage, never mind actual production. This can work against us in an environment where enemy nations are constantly developing the means to counter those weapons. They create their own solutions that make ours obsolete within months of deployment. The Air Force sees this as the problem that it is, and wants to work with big-name defense companies to change the way they think about their ideas. But that change takes time. Calling up small, nimble companies that are working on tomorrow's problems is a good way to always have options available when it comes to the mission. 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Since then, its revolutionary ideas became responsible for the United States winning the original Space Race. [Now, its sights are set on winning the new Space Race.]( Keep your eyes open, [ryan_stencil_sig] Ryan Stancil Outsider Club, Contributing Editor Enjoy reading this article? [Click here]( to like it and receive similar articles to read! Browse Our Archives [A 35,000-Foot Market Crash]( [Printed Electrochromics Can Aid Athlete Tracking, Training]( [Whole Weed?]( [Money Flooding Into Gold]( [Mr. Dines On Pot: Don't You Want Money?]( --------------------------------------------------------------- This email was sent to {EMAIL}. It is not our intention to send email to anyone who doesn't want it. If you're not sure why you've received this e-letter, or no longer wish to receive it, you may [unsubscribe here](, and view our privacy policy and information on how to manage your subscription. 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