BMNT’s H4XLabs expands international collaboration by introducing Hacking for Allies Australia

PALO ALTO, Calif., July 26, 2022 /PRNewswire/ — Innovative global cooperation between allies is strengthened with a new pilot project in Australia of Hacking for Allies, the program that aims to accelerate public sector innovation.

In this new cohort of Hacking for Allies, 15 Australian startups and scale-ups will compete for four available spots to gain the skills and training needed to enter the US market while creating game-changing national security solutions, further advancing technological capabilities. of the Five Eyes nations.

The program, created by innovation company BMNT and its business accelerator, H4XLabs, is offered in collaboration with australia Trade and Investment Commission, Australiaand BMNT Australia. The Australian pilot follows the success of Hacking for Allies Norway, which is now in its third year.

In addition to equipping the Allied world with tangible solutions to critical issues, Hacking for Allies is designed to contribute to economic stability and job growth, and provide local governments with measurable clues for innovation in defense.

“Hacking for Allies is not just a business development accelerator. We solve the Five Eyes problem of identifying common national security issues. That means finding the right people, the right networks, and the right technologies; integrate into a pipeline that delivers solutions at speed – not just to one country but to all,” said peter newelCEO of BMNT.

Participating teams consist of manufacturing, space technology, virtual reality and other innovative fields all looking to expand internationally. Teams will gain insight into the growth into the US defense market. From the cohort, a select group will visit the AUSA Annual Expo in October to showcase their solutions to major U.S. defense organizations and companies and the venture capital public.

“We are thrilled to bring this level of professional development and acceleration to australia the most cutting-edge companies,” said Jamie Watson, from BMNT Australia. “Our countries have been close and effective partners for a long time, and this program will go a long way to addressing the challenges our two countries face, while strengthening Australian entrepreneurship and the economy.”

About BMNT, Inc.: BMNT is an internationally renowned innovation consultancy and early-stage business accelerator changing the future of utility innovation. www.bmnt.com and www.bmntaustralia.com.au

About H4XLABS: H4XLabs is BMNT’s business accelerator, providing expert assistance to founders of Deep Tech companies tackling tough problems from concept to product deployment and scale. www.h4xlabs.com

Contact: Terri S. VanechBMNT Communications Officer, 203-918-1270, [email protected]

SOURCEBMNT