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Lockheed Martin Challenges Entrepreneurs to Pitch 1,000 Feet Above Austin at South by Southwest

BETHESDA, Md., Feb. 20, 2017 — Lockheed Martin Ventures, the venture capital arm of Lockheed Martin, in partnership with ClearSky and ARCH Venture Partners, is accepting applications for a first-of-its-kind competition that will have entrepreneurs pitch their business plan in a helicopter in the skies above Austin, Texas. The pitch, at the 2017 South by Southwest festival, is part of Lockheed Martin’s increased focus on investing in emerging companies.  Read More here.

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Congratulations to Liquid Piston, the winner of the 7th Sikorsky Entrepreneurial Challenge for their work in advanced Propulsion. Based in Bloomfield, CT, LiquidPiston specializes in development of compact, powerful, quiet, efficient, low-vibration, scalable, multi-fuel capable rotary combustion engines, based on its patented High Efficiency Hybrid Thermodynamic Cycle. LiquidPiston received a $25,000 cash prize along with an opportunity to explore opportunities for LiquidPiston’s technology with the Sikorsky product line.

Check out this fun video that shows Liquid Piston technology powering a Go-Cart:

The submission deadline for the 7th Sikorsky Challenge has passed.  But if you would like to know what Sikorsky’s top engineers are interested in, please  watch our webinar.

 Who Can Apply?
The Entrepreneurial Challenge is open to any company, U.S. based or international, including newly-formed and pre-revenue entities, that meet the requirements defined in the Entrepreneurial Challenge Application Kit. Learn more in our Simple Submission Guidelines.

See more past winners.

Visit the TechAloft blog for updates on our challenge and informative articles about new tech in aerospace.

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