Program Supports Both Companies' Efforts to
Innovate at a More Rapid Pace
ORLANDO,
Fla., Jan. 24, 2024 /PRNewswire/
-- Lockheed Martin (NYSE: LMT) and Red 6 announced today a
strategic joint venture and Mentor-Protégé Agreement under the U.S.
Small Business Administration Mentor-Protégé Program.
"Red 6 is thrilled for this opportunity to work more closely
with Lockheed Martin. It broadens our existing avenues for
progression and rapid integration of Red 6 technology into the
broader market using Lockheed Martin's experience and business
practices," stated Daniel
Robinson, CEO and Founder of Red 6.
This agreement assists both companies' efforts to joint venture,
bid, explore future investments and innovate more quickly. Lockheed
Martin will gain access to small business teaming partner
contracts and bring small business innovation to large
programs / contracts. This includes potential Red 6 technology
integration into current fighter platforms such as the F-16, F-22
and F-35, emerging trainers such as the TF-50, rotary vertical
lift, airlift and new/future programs.
"Lockheed Martin continues making deliberate digital
advancements and building partnerships to accelerate technology
development across our platforms," said Aimee Burnett, Vice President, Business
Development for the Integrated Fighter Group at Lockheed Martin.
"Strategic partnerships such as this with Red 6 demonstrate our
understanding of mission requirements and commitment to
provide our customers with 21st Century Security
capabilities and integrated air power solutions."
"For example, we submitted the TF-50 aircraft for the U.S. Air
Force's and the U.S. Navy's trainer programs, and we're focused on
modernizing the platform to meet mission needs. We will ensure
pilots have the right tools to support faster, more efficient
training for 4th and 5th generation fighter
missions and beyond. Our collaboration with Red 6 is helping to
accomplish that." Burnett added.
Red 6 is a Lockheed Martin Ventures portfolio company selected
in 2020 to accelerate the development and commercialization of Red
6's ATARS. In 2023, the partnership expanded to developing
engineering solutions and a technology roadmap to establish an
implementation path for Red 6's ATARS into the TF-50 program and
associated ground-based training systems.
About Red 6
Red 6, founded in 2018, is the creator of Airborne Tactical
Augmented Reality System (ATARS) and Augmented Reality Command and
Analytic Data Environment (ARCADE). Red 6 systems are the first
wide field-of-view, full color demonstrably proven outdoor
augmented reality solution that operate in dynamic outdoor
environments. Together, they bring virtual and constructive assets
into the real-world by allowing pilots and ground operators to see
synthetic threats in real-time, outdoors, and critically, in
high-speed environments.
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SOURCE Red Six Aerospace, Inc.