SWIM named winner of International Space Pitch Day, which connects compelling innovations to military end-users worldwide
The winners of the inaugural International Space Pitch Day were today announced marking several world firsts.
Ten tech start-ups successfully secured same-day contracts worth up to £53,000 ($66,000) to fast-track the development of their innovations after pitching direct to UK, US and NATO military leaders.
Air Vice-Marshal Harvey Smyth, UK Director Space, unveiled the winners following an afternoon of pitches in front of a global audience during the first day of the Defence Space Conference hosted from London.
It is the first time two nations anywhere in the world have come together to award defence contracts based around a pitch-style event, similar to Dragon’s Den/Shark Tank.
It is also the first time two nations have awarded joint defence innovation contracts to an overseas-based enterprise in this way.
And it is the first time same-day contracts have been awarded in this way to industry by the UK Ministry of Defence.