Doug Philippone, a venture capitalist and defense contract expert, said the bureaucratic state makes it hard for start-ups to get innovative tech into the military.
Join Fox News for access to this content Plus get unlimited access to thousands of articles, videos and more with your free account! Please enter a valid email address. By entering your email, you are agreeing to Fox News Terms of Service and Privacy Policy, which includes our Notice of Financial Incentive. To access the
US agencies are spending big on the quest for a lithium-ion replacement to power the future of the military, transportation, and renewable energy without relying on China. But is it enough?