An agreement just announced between the U.S. Space Force and a venture capital firm is a pilot project intended to help government buyers understand how investors assess space industry startups.

The Space Force would like better insight into how venture investors gauge the potential of technologies developed by commercial businesses, said Gabe Mounce, deputy director of SpaceWERX.

SpaceWERX is a new organization within the Space Force’s Space Systems Command. It’s modeled after the Air Force’s technology incubator AFWERX, created in 2017 to attract small businesses and entrepreneurs in the space industry to work with the government. READ MORE