Climate tech startups are clamoring to do business with the Pentagon, Axios' Alan Neuhauser reports. - The Defense Department accelerated its contracting with climate tech firms after Russia invaded Ukraine and as AI's growth has taken hold.
- And at the same time, startups that were once wary of becoming defense contractors now see it as a critical revenue stream.
🌱 Green innovations that started off with a focus on reducing emissions from transportation, or helping to monitor atmospheric conditions, have turned out to be important national security tools, too. - The DOD is America's single biggest energy customer and one of the largest energy consumers in the world. It spent $16.5 billion on energy in fiscal 2023.
- Cutting that level of fuel consumption doesn't simply save money. It can also help the military services be nimbler and more resilient.
⛽️ Zoom in: Air Company, a startup that began as a vodka distiller, announced a $65 million contract last year to supply the Air Force with jet fuel made from captured CO2. - The Pentagon has also turned to climate-tech startups for tools that secure food supply chains, generate power without relying on shaky electric grids, and map oceans and seafloors, as well as advanced battery technology.
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