Episode Description
This is the untold origin story of the Fury CollaborativeCombat Aircraft (CCA), as told by those who lived it.
Scott Bledsoe and Joe Murray join Mike to talk about Fury’s very beginning—way back to 2016.
Now known as Anduril’s YFQ-44, Fury originated as an SBIR project from Blue Force Technologies and may go on to become a poster child of SBIR success stories. But it’s not all good news.
The experience—and the decision to sell to Anduril—motivated Scott and Joe to start a new type of investment fund called the DoD Accelerator.
DoD Accelerator bridges the gap between venture capital and private equity, addressing the ‘funding valley of death’ they faced and the factors that led to the decision to sell their company—and Fury—to Anduril.
This is packed with never-before-revealed details and serves as the backdrop for a broader conversation about the realities of having a company in the defense industry.
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• WOTR High-Low Mix Part I
• WOTR High-Low Mix Part II
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00:00
00:26 intro
01:50 Scott and Joe
07:21 DoD Accelerator
09:51 Fury origin story
11:24 SBIR
16:28 the high-low mix
17:11 writing to understand
18:29 F-117
19:04 no part 3
19:41 red air use-case
24:29 Bandit and ADAIR-UX
25:10 funding and the valley of death
28:04 the capital void
31:11 programs consolidate
32:28 Anduril acquisition
33:37 the small business divide
34:14 DoD Accelerator fit
36:12 Baxter Aerospace example
41:19 the cheat code
44:26 crystal ball
45:17 the prime cartel?
46:32 magic wand - IR&D policy change
49:10 policy hurts start-ups
52:51 DoD Accelerator focus areas