Lockheed Martin Competition to Take Place Inside an S-76D

By S.L. Fuller | February 21, 2017
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Lockheed Martin Ventures is looking for applicants for its HeloPitch competition. As the name suggests, this competition involves pitching business plans and technologies while flying in a Sikorsky S-76D.

In the inaugural installment of HeloPitch, accepted applicants would be pitching to Lockheed Martin Ventures, ClearSky, Arch Venture Partners and the Lockheed Martin chief technology scout. These pitches would be slated for the 2017 South by Southwest festival in Austin, Texas, in March. Lockheed Martin welcomes applicants from companies in various stages of development, including concept, prototype/beta, revenue generation/early stage, growth/expansion and late stage, with technologies in the following areas:

  • Advanced materials and manufacturing
  • Artificial intelligence and machine learning
  • Autonomous systems and robotics
  • Aviation technologies
  • Communications and sensors
  • Cybersecurity
  • Data analytics
  • Energy and power systems
  • Internet of things
  • Next generation electronics
  • Space technologies
  • Sustainability
  • Undersea technologies
  • Virtual and augmented reality

"This isn't your typical rehearsed pitch in a boardroom," said Chris Moran, Lockheed Martin Ventures VP. "Entrepreneurs will share their great ideas, talk to their strengths and differentiators, all while in a moving helicopter. It's a wild way to pitch an idea, but so much of starting your own business is wild. In a way, this embodies that process."

All applications must be submitted by March 3.

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