in

Boeing HorizonX’s Brian Schettler on Getting VC Funding for Defense Startups

Boeing HorizonX's Brian Schettler on Getting VC Funding for Defense Startups - top government contractors - best government contracting event
Brian Schettler
Brian Schettler

Brian Schettler, managing director of Boeing's HorizonX Ventures, told Defense News in an interview posted Thursday that getting venture capital funding for defense companies that are focused on hardware is a challenge and one way to help address that reluctance among investors is looking at the “capitalization piece.“

“Where are other types of money that could come to the table to ensure that these early stage companies just mature enough to the point of being able to address Defense Department needs?,“ he said. “Are there other vehicles, like In-Q-Tel and others, that could help deploy capital? And maybe it's not equity-linked capital. Maybe there are other forms of doing it with notes or grants.“

Schettler said startups should showcase to traditional VCs the “long-term potential“ and “extended trail of revenues“ of their technology offerings.

“And if you can get your technology on a program of record and that trail can last 30 years, those are the sort of things that are just different worlds from the traditional thinking,“ he added.

Schettler described the approach being taken by Boeing's venture capital arm and discussed issues concerning the presence of foreign investments in VC funds and factors that could boost support for defense spending in the VC community.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Technology

John Vollmer, President of Management Services at AECOM, Named to 2020 Wash100 for Securing Major Contracts, Driving Company Growth - top government contractors - best government contracting event

John Vollmer, President of Management Services at AECOM, Named to 2020 Wash100 for Securing Major Contracts, Driving Company Growth

Kathy Warden: Northrop Prepares for Air Force GBSD Weapon Dev't Program - top government contractors - best government contracting event

Kathy Warden: Northrop Prepares for Air Force GBSD Weapon Dev’t Program