Investments
108Portfolio Exits
20Partners & Customers
10About Defense Advanced Research Projects Agency
The Defense Advanced Research Projects Agency (DARPA) is the central research and development organization for the Department of Defense (DoD). The Agency aims to manage directs basic and applied research and development projects for DoD and pursues research and technology that provide dramatic advances in support of military missions.

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Research containing Defense Advanced Research Projects Agency
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CB Insights Intelligence Analysts have mentioned Defense Advanced Research Projects Agency in 2 CB Insights research briefs, most recently on Apr 5, 2022.
Latest Defense Advanced Research Projects Agency News
May 26, 2023
BAE Systems lands $7M DARPA contract to develop autonomous space-based surveillance technology 2 views BAE Systems’ research and development wing, Fast Labs , has landed a $7 million contract from the Defense Advanced Research Projects Agency (DARPA) for its autonomous space-based target custody program, called Oversight. The traditional approach to space intelligence, surveillance, and reconnaissance (ISR) can often be compartmentalized and labor-intensive, and it struggles to dynamically adapt quickly enough to leverage new space systems. To confront this challenge, DARPA, alongside the U.S. Space Force and the Space Development Agency, are working on developing satellite constellations to boost the tactical relevance of U.S. space systems. Low earth orbit satellite constellations are significantly expanding the ISR capabilities on orbit. The DARPA Oversight program aims to develop an autonomous system that maintains continuous “custody” of a multitude of assets across these new, diversified constellations. As part of the program’s terms, this technology will be deployed to both tactical-edge satellites and ground stations. “Near-peer adversary capabilities are advancing at a rapid pace, driving a need for additional long-range tracking at increased scale and timeliness,” commented Dr. John Grimes, director of Small Satellites at BAE Systems’ FAST Labs. “To meet this requirement, our team comprises technical expertise in autonomy, space processing, ISR systems, tactical-edge software development, system integration and architectures, and mission focus.” The Oversight program is part of BAE Systems’ autonomous technologies portfolio. The work under the program will also involve collaborations with subcontractors OmniTeq and AIMdyn. [Image courtesy: BAE Systems]
Defense Advanced Research Projects Agency Investments
108 Investments
Defense Advanced Research Projects Agency has made 108 investments. Their latest investment was in Atom Computing as part of their Grant - II on February 2, 2023.

Defense Advanced Research Projects Agency Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
2/1/2023 | Grant - II | Atom Computing | Yes | 1 | ||
2/1/2023 | Grant | PsiQuantum | Yes | 1 | ||
10/12/2022 | Grant - II | RenBio | $1M | Yes | 1 | |
1/21/2022 | Grant | |||||
12/8/2021 | Grant |
Date | 2/1/2023 | 2/1/2023 | 10/12/2022 | 1/21/2022 | 12/8/2021 |
---|---|---|---|---|---|
Round | Grant - II | Grant | Grant - II | Grant | Grant |
Company | Atom Computing | PsiQuantum | RenBio | ||
Amount | $1M | ||||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 1 | 1 |
Defense Advanced Research Projects Agency Portfolio Exits
20 Portfolio Exits
Defense Advanced Research Projects Agency has 20 portfolio exits. Their latest portfolio exit was Embody on January 05, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
1/5/2023 | Acquired | 18 | |||
11/21/2022 | Acquired | 13 | |||
8/4/2022 | Acq - Fin | 2 | |||
Date | 1/5/2023 | 11/21/2022 | 8/4/2022 | ||
---|---|---|---|---|---|
Exit | Acquired | Acquired | Acq - Fin | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 18 | 13 | 2 |
Defense Advanced Research Projects Agency Partners & Customers
10 Partners and customers
Defense Advanced Research Projects Agency has 10 strategic partners and customers. Defense Advanced Research Projects Agency recently partnered with Apogee Research on March 3, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
3/17/2023 | Vendor | United States | 1 | ||
1/31/2023 | Vendor | United States | The partnership , which follows the recently announced collaboration between PsiQuantum and the Air Force Research Lab , is the result of a competitive applications process that included Defense Advanced Research Projects Agency assessing candidate quantum computing companies for their ability to achieve the scaling needed for error-corrected quantum computing . | 3 | |
1/24/2023 | Partner | United States | 1 | ||
1/10/2023 | Vendor | ||||
10/18/2022 | Vendor |
Date | 3/17/2023 | 1/31/2023 | 1/24/2023 | 1/10/2023 | 10/18/2022 |
---|---|---|---|---|---|
Type | Vendor | Vendor | Partner | Vendor | Vendor |
Business Partner | |||||
Country | United States | United States | United States | ||
News Snippet | The partnership , which follows the recently announced collaboration between PsiQuantum and the Air Force Research Lab , is the result of a competitive applications process that included Defense Advanced Research Projects Agency assessing candidate quantum computing companies for their ability to achieve the scaling needed for error-corrected quantum computing . | ||||
Sources | 1 | 3 | 1 |
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