Because there are all these metropolitan areas that are being chosen.
TEXT TWIST 2 AOL SOFTWARE
Tomahawk Robotics (Space Coast), which provides control software for robots.Reaction Dynamics (Space Coast), which develops space transportation systems for launch providers.Indemnis (Anchorage, Alaska), which develops and manufactures parachute recovery systems for drones.
Hydrosat (Washington, D.C.), which specializes in satellite imagery data for the agriculture industry.Hermeus (Atlanta, Georgia), which engineers and manufactures Mach 5 aircraft.Helicon Chemical Co. (Space Coast), which develops next-generation rocket fuel for the military and commercial space industries.
BoMax Hydrogen (Space Coast), which is developing a carbon-free, light-driven method to produce hydrogen to generate electricity. Atomos (Denver, Colorado), which hopes to move satellites using high-powered electric-propulsion space tugs. Rise of the Rest organizers are touting four of the companies vying for $100,000 as Space Coast entries, while the others are traveling to Melbourne from as far as Alaska: About 350 attendees are expected - the largest crowd since the tech incubator's March 2017 grand opening, said Keith Nugent, Groundswell ambassador. Tickets are sold out for the April 30 Groundswell Startups event, which also features a fireside chat with Case and Vance. Groundswell Startups: 'SensiDock' device, lionfish detector highlight Indian River Lagoon hackathon Groundswell Startups: No more 'prick and stick:' Alertgy working on noninvasive glucometer for diabetes patients "By comparison, California gets more than 50 percent of capital venture dollars. "It's the third-largest state - but yet, it gets less than 2 percent of venture capital dollars," Case said of Florida. The Melbourne event is part of a week-long Florida tour that also includes $100,000 pitch contests in far-larger Orlando, Tampa, Miami and San Juan, Puerto Rico. Their bus tour was featured by "60 Minutes" last month.Ĭase's red Rise of the Rest bus has visited 38 cities since 2014. venture capital firm led by Case and "Hillbilly Elegy" author J.D. Rise of the Rest features a $150 million seed fund launched in December by Revolution, a Washington, D.C. He will also deliver a fireside chat during the event. On April 30, his entrepreneurial Rise of the Rest bus tour will award $100,000 to a promising young company during a pitch contest at Groundswell Startups in Melbourne. "They think of Silicon Valley, or Boston, or other places," he said.Ĭase aims to change that. But most people, when they think about the innovation economy, don’t think of the Space Coast," Case said. "The history there has played a pivotal role in innovation in this country over the last half century. Billionaire AOL co-founder Steve Case views the Space Coast as a nationally overlooked key in evolving Florida to a high-tech economy - and "not just the place to go for good weather or to see Mickey Mouse."
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