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Bill > HR3177


US HR3177

National Defense Accelerator Network Act of 2019


summary

Introduced
06/10/2019
In Committee
06/11/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To modify the proof of concept commercialization program of the Department of Defense, and for other purposes. This bill extends through FY2024 and otherwise revises the Department of Defense's Proof of Concept Commercialization Pilot Program (which accelerates commercialization of basic research innovations). The program must focus on priority defense technology areas that attract public funding and private-sector investment.

AI Summary

This bill, the National Defense Accelerator Network Act of 2019, extends the Department of Defense's Proof of Concept Commercialization Pilot Program through fiscal year 2024 and revises the program to focus on priority defense technology areas that attract public and private sector funding, including venture capital investment. The bill also authorizes the Secretary of Defense to use various authorities, such as public-private talent exchanges and prize programs, to support the program's goals of accelerating the commercialization of basic research innovations.

Committee Categories

Military Affairs and Security

Sponsors (1)

Last Action

Referred to the Subcommittee on Intelligence and Emerging Threats and Capabilities. (on 06/11/2019)

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