The U.S. Army is offering an initial investment of $100,000 to innovators with plans to rapidly develop ventilators amid the coronavirus pandemic — and it's doing it 'Shark Tank' style.
The competition will be carried out by the Army's acquisition unit under the expeditionary technology search program, dubbed "xTechSearch," which aims to fund small businesses with novel dual-use technology solutions.Students and instructors in the Medical Education and Training Campus Respiratory Therapist program practice safe distancing and wear face coverings while training with mechanical ventilators.
"We've directed the Army expeditionary technology search program to reach out to the innovation community to find a rapid ventilator production system to support field hospitals that are still requiring critical infrastructure such as generators and pressurized oxygen," explained Secretary of the Army Ryan McCarthy on Thursday at the Pentagon.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The 19 Cutest New Pieces at Revolve For April, All Under $100When I think of Revolve, I automatically associate the site with all the fashion influencers on my Instagram feed. The retailer offers so many cool, on-trend
Read more »
AI security startup Onfido used this pitch deck to raise $100 million - Business InsiderBuzzy AI security startup Onfido has raised $100 million. We got an exclusive look at its pitch deck.
Read more »
99-year-old army vet raises $16M for Britain's NHS by doing laps around his gardenThis 99-year-old veteran raised over $16 million for health care workers. He pledged to walk 100 laps before his 100th birthday.
Read more »