Pratt & Whitney Enters Incubator Biz To Slash Development Time in Half
By Paul McLeary on June 13, 2018 at 10:33 AM
BROOKLYN: A long-abandoned warehouse in a neighborhood newly teeming with expensive restaurants, designer stores, and astronomical rents has a new tenant: a $300 million tech incubator founded by United Technologies, the massive corporation which makes everything from elevators to jet engines for the F-35.
The big bet on creating a space for about 200 engineers, designers, and big thinkers to develop new manufacturing concepts and experiment with ways to solve old problems is part of a wider push in both government and industry to catch up with the staggering pace of technological change, while trying to win back some of the top engineering talent that has decamped to Silicon Valley in recent years.
https://breakingdefense.com/2018/06/pratt-whitney-enters-incubator-biz-to-slash-development-time-in-half/
