VCID: 17602625
    Profile

    Corporate information

    Investment activity status
    Active investor

    Company type

    The innovation arm of the Department of the Air Force (DAF) and a directorate within the Air Force Research Laboratory (AFRL).

    Overview

    As the innovation arm of the DAF and a directorate within the Air Force Research Laboratory, AFWERX brings cutting-edge American ingenuity from small businesses and start-ups to address the most pressing challenges of the DAF. AFWERX employs approximately 370 military, civilian and contractor personnel at five hubs and sites executing an annual $1.4 billion budget. Since 2019, AFWERX has executed over 6,100 new contracts worth more than $4 billion to strengthen the U.S. defense industrial base and drive faster technology transition to operational capability.