Piloted in 2017, the Air Force's Shark Tank knockoff formed part of a broader campaign to expedite the process of finding and developing new technology.
The Pentagon is pursuing the reauthorization and expansion for programs meant to boost small business participation in defense research, set to expire Sept. 30.
Former New York City Mayor Michael Bloomberg has been named chairman of the Defense Innovation Board, which is part of the latest tranche of Pentagon advisory boards Defense Secretary Lloyd Austin is restarting.