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Shownotes
This is the untold origin story of the Fury CollaborativeCombat Aircraft (CCA), as told by those who lived it.
Scott Bledsoe and Joe Murray join Mike to talk about Fury’s very beginning—way back to 2016.
Now known as Anduril’s YFQ-44, Fury originated as an SBIR project from Blue Force Technologies and may go on to become a poster child of SBIR success stories. But it’s not all good news.
The experience—and the decision to sell to Anduril—motivated Scott and Joe to start a new type of investment fund called the DoD Accelerator.
DoD Accelerator bridges the gap between venture capital and private equity, addressing the ‘funding valley of death’ they faced and the factors that led to the decision to sell their company—and Fury—to Anduril.
This is packed with never-before-revealed details and serves as the backdrop for a broader conversation about the realities of having a company in the defense industry.
Links
• Sign up for the newsletter (themerge.co)!
• Support us on Patreon (patreon.com/the_merge)!
• Scott Bledsoe (linkedin.com/in/scottbledsoe)
• Joe Murray (linkedin.com/in/josephamurray)
• WOTR High-Low Mix Part I (warontherocks.com/2017/01/re-thinking-the-high…)
• WOTR High-Low Mix Part II (warontherocks.com/2017/03/rethinking-the-high-…)
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intro
Scott and Joe
DoD Accelerator
Fury origin story
SBIR
the high-low mix
writing to understand
F-117
no part 3
red air use-case
Bandit and ADAIR-UX
funding and the valley of death
the capital void
programs consolidate
Anduril acquisition
the small business divide
DoD Accelerator fit
Baxter Aerospace example
the cheat code
crystal ball
the prime cartel?
magic wand - IR&D policy change
policy hurts start-ups
DoD Accelerator focus areas