Even mid-sprint to a secret flight, the Navy’s tech chief has a pitch for investors

Justin Fanelli, Navy Chief Technology Officer, stated that the Navy is shifting toward co-investing with venture capital firms rather than funding early-stage research directly. Fanelli cited recent acquisitions including a $562 million autonomous refueling contract as examples of the Navy's procurement approach. He outlined the Navy's technology priorities, which include artificial intelligence and quantum computing, as areas where private companies should focus development efforts.

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