MILCOM
Technologies, Inc.
Defense
Technology Conversion Accelerator
www.milcomtech.com
MILCOM
Technologies, Inc. works exclusively with established, but not yet
commercialized Defense IPR to create commercial high-tech ventures
that have the potential to achieve billion dollar valuations in a
3-to-5 year period. The proprietary MILCOM venture development process
includes identifying, screening and acquiring exclusive rights to
qualified DoD technologies developed by tier-1 Military contractors
and/or Federal Laboratories, and the subsequent conception, creation,
incubation and funding of these new companies. In the last 5 years,
eight new ventures created by MILCOM have attracted more than $350
million in capital. This total portfolio of companies has a current
combined valuation of over $2 billion dollars.
Retained
Search Projects (1999 - 2001)
- Wireless Multi-Media
Software Platform(CEO)
- Smart Antenna
Systems (CEO)
- Board Members
(BOD)
Retained when
a former client, for whom we had spent a 3 years helping to build
a wireless software company that was eventually sold to Lucent (NYSE
- LU), introduced us to MILCOM in 1999. We were engaged to design
and execute highly specific search strategies, and deliver CEO's with
wireless technology backgrounds gained working in both large & small,
companies. Their mission was to begin with unique Defense IPR (but
no executive employees), and to build those assets into real companies
on a VC burn rate-sensitive schedule. Deliverables included fund raising,
staffing, product evolution, deal flow, etc. This goal has been met
by both of the CEO's we placed in the MILCOM portfolio, and the companies
are progressing at a pace well beyond most high-tech startups during
the tech stock meltdown.
Once engaged
by MILCOM, we quickly enhanced our already powerful database in the
wireless technology arena, and focused on companies with a non-trivial,
large scaled in terms of value proposition, revenue architecture,
deal size, customer base, etc. We assembled an exhaustive, domain-specific
listing of source companies (key contacts) in the US & Canada from
which to recruit comprising:
- Publicly traded
pure-play companies in the space
-
Large public companies with significant domain-specific verticals
- VC/private
equity backed pure-play startups
CEO, MeshNetworks, Inc., Maitland, FL.
Ad hoc peer-to-peer wireless networking platform
www.meshnetworks.com
Based on Wireless Software & Chipset IPR from acquired from IT&T Avionics,
Mesh Networks was launched in February, 2000. The company has created
a patented, proven mobile Internet Multi-Media Communications platform
for Mobile Internet applications, which is currently working in conjunction
with major chip, device and infrastructure companies on a global basis,
and offers a unique IP communications platform that is the first in
the industry to provide true mobile 802.11 capability.
CEO, SkyCross, Inc., Melbourne, FL
Smart antenna system
www.skycross.com
Based on IPR acquired from Harris Government Systems, SkyCross is
an advanced products company devoted to the design, development and
manufacture of next generation antenna technology for mobile & fixed
communications in the telecommunications, automotive and mobile computing
markets.
