Why the defense industry could be the most transformative market for startups


Read Mrinal Menon and Jeff Decker’s analytical article about how the defense sector is helping startups like Anduril Industries, Inc. and Palantir Technologies, Inc. to grow at a fast clip on Fast Company :

At a time when young companies struggle to find technology sectors not dominated by Silicon Valley’s giants, most startups remain oblivious to one of the largest markets in the world, the U.S. Defense Department. The military awarded $445 billion in contracts in 2020. By comparison, last year’s global market for software-as-a-service, one of the hottest sectors for startup creation and investment, was estimated at $104 billion.

Read their full article here.

For more see : Anduril Industries, Inc. and Palantir Technologies, Inc.