Team members from SecureMarking and SPACT unveiled the SecureMarking platform during the Governor's Giant Vision Competition.
FOR IMMEDIATE RELEASE:
SecureMarking Selected for Techstars Air Force Accelerator in Boston
Boston, Massachusetts (February 1, 2018) - SecureMarking has been selected to participate in the Techstars Autonomous Technology Accelerator.
SecureMarking, based in Rapid City, South Dakota, is one of ten companies chosen for this new program, which is part of the Air Force’s AFWERX initiative. The accelerator program is designed for commercially viable startups with dual-purpose technologies - a private sector and a government application. It includes companies with autonomous technology and the ability to detect, track, identify, characterize, attribute and mitigate unmanned aerial systems.
As part of the Techstars program, SecureMarking’s leadership team will spend the next 13 weeks in Boston focused on building their company. They will collaborate with other co-founders and participate in over one hundred meetings with investors and potential customers. The goal of the program is to help startups become more successful, more quickly.
“Most people take supply chain security for granted,” said Daniel Stanton, President of SecureMarking. “But counterfeit products are more common than we realize and can have serious consequences. Our team is excited about this opportunity to refine our technology platform and position our company so that we can help supply chain managers around the world protect customers, and brands, by securely tracking their products.”
“We’re excited about the dual-use opportunities for this technology,” said Warren Katz, Managing Director of the Techstars Autonomous Accelerator. “SecureMarking’s novel approach to marking and tracking parts could enable a new generation of solutions for industries such as aerospace, pharmaceuticals, and automotive manufacturing.”
SecureMarking’s core technology is based on research performed by the Center for Security Printing and Anti-Counterfeiting Technology (SPACT), in collaboration with South Dakota School of Mines & Technology and University of South Dakota. It synthesises expertise in upconverting nanoparticle inks with emerging technologies including the Internet of Things and blockchain.
“I’ve got a lot of confidence in our product and our team,” said Stanton. “The Techstars Autonomous Accelerator is exactly the opportunity we needed to collaborate with the Air Force and other customers so that we can bring this solution to the market quickly and build a sustainable company.
Techstars is the worldwide network that helps entrepreneurs succeed. Techstars founders and their teams connect with other entrepreneurs, experts, mentors, alumni, investors, community leaders, and corporate partners who will help their companies grow. Techstars operates four divisions: Techstars Startup Programs, Techstars Mentorship-Driven Accelerator Programs, Techstars Corporate Innovation Partnerships, and the Techstars Venture Capital Fund. Techstars Mentorship-Driven Accelerator Programs help founders do more faster and Techstars Startup Programs inspire, educate and connect entrepreneurs. Techstars Venture Capital Fund invests in the most innovative and disruptive Techstars companies to fuel their success. Techstars Corporate Innovation Partnerships helps brands supercharge growth by accelerating innovation and cultural transformation. Techstars accelerator portfolio includes more than 1,000 companies with a market cap of $10.2 Billion. www.techstars.com
SPACT is a multi-university consortium that includes researchers from South Dakota School of Mines & Technology, University of South Dakota, Dakota State University, and South Dakota State University. For more information on SPACT, please contact: Dr. Jon Kellar, Center Director, Security Printing and Anti-Counterfeiting Technology (Jon.Kellar@sdsmt.edu) http://spact-center.org/
SecureMarking, Inc. is a South Dakota-based startup that uses new technologies to improve supply chain security. SecureMarking won the 2017 Governor’s Giant Vision Competition and received an Small Business Technology Transfer award from the National Science Foundation to support commercialization of their technology. For more information on SecureMarking, please contact: Dan Quinn, CRO, SecureMarking (firstname.lastname@example.org) http://www.securemarking.com
AFWERX is a United States Air Force program that aims to foster a culture of innovation within the service. Encompassing a number of programs supported with relatively small amounts of funding, the new initiative is intended to circumvent bureaucracy and engage new entrepreneurs in Air Force programs. AFWERX was officially announced by Air Force Secretary Heather Wilson on 21 July 2017.
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