What Our Clients Get From Us
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Opportunities to exploit innovations that TechSpin brings from outside defense to Defense Contractor’s attention – bringing incremental revenue and profit to Defense Contractor’s core businesses, and satisfying DoD customer initiatives to source innovation from outside defense
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Opportunity to realize incremental value from licensing and spin-outs
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Potential for application of the products/technologies in spin-out ventures back into Defense Contractor’s defense business on a field of use exclusive
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An enhanced ability to attract, motivate and retain technical talent – increasingly important to Defense Contractor as commercial start-ups once again build momentum and put pressure on recruiting and retention
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Opportunity (but not a requirement) to co-invest in new spin-out ventures
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Minimal distraction to the core business because
- Administration of Licenses would be handled by TechSpin
- Venture Capital funding (series A and beyond) would be external, and ventures would be managed outside Defense Contractor by independent Boards with no need for Defense Contractor’s executives to spend time on Board roles
- Very limited exposure to the P&L in respect of early-phase losses from spin-outs, since Defense Contractor’s interest in spin-out companies (after capital infusion) would likely be below the 20% level requiring consolidation