The first steps under iDEX have been 15 “challenges" thrown by the three armed services, ranging from laser weaponry to countering drones. “We want to create defence tech companies, not just prototypes. The challenges from the defence services come with an assured minimum order quantity once a prototype passes muster. But it will take a lot more for these startups to get a line of sight to viable defence tech businesses. Valley inspirationSilicon Valley investor Venktesh Shukla hopes iDEX will condition the bureaucracy and Armed Forces to open their minds.
Source: Mint November 17, 2019 17:03 UTC