Eight Ohio companies, half of which are located in the Dayton area, will spin new technology out of their portfolios and into the marketplace through a new defense accelerator managed by two local organizations.
The Office of Economic Adjustment (OEA) Defense Accelerator seeks to help participating startups identify uses of their technologies; move their technology products to market; position their companies to create jobs and generate revenue; and support growth of the regional economy. It is funded by the Department of Defense OEA and managed by Launch Dayton partners Parallax Advanced Research in Beavercreek and The Entrepreneurs Center in Dayton.
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Story excerpt provided by Dayton Business Journal.
Written by John Bush.
Originally published February 2, 2021.