WEBVTT

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- We invited entrepreneurs,
universities, and start ups

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to pitch revolutionary
solutions to some of our

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complicated problems.

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We got over 400 proposals
and we selected 59 companies

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to pitch their ideas to
government and industry and

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investors in New York.

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We awarded 51 contracts in one day,

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valued at over eight million dollars.

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The average time to close a
deal on a one page contract

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with the United States
Air Force was 15 minutes.

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- It's scalable, so we can
test more data for more sources

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without having to change
our architecture design.

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- So there's that forge in controls.

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Some of them we can test automated.

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Some of them require people.

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- A phase two effort would
immediately deliver a life

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changing product to air
force users for tests

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at bases around the globe.

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- Today, I'm announcing
we're going further.

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We're going to extend this concept.

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I'm announcing pitch day for space.

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It'll be hosted in Los
Angeles this fall and we'll

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bring the air force together
with entrepreneurs and

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universities and start
ups who wanna help drive

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half breaking capabilities to space

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at the speed of relevance.

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Ya'll are welcome.