FedTech
FedTech is an Arlington, VA-based deep tech commercialization platform founded in 2015 that designs and runs equity-free accelerators, venture studios, and TABA programs for U.S. federal agencies, national labs, and corporate partners, translating federally funded IP into operating companies.
- Company typePrivate
- Founded2015
- HeadquartersWashington, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What FedTech does
FedTech (legally Hyperion Technologies, LLC), founded in 2015 by Ben Solomon, is an Arlington, Virginia-based deep tech commercialization platform that designs and runs programs translating federally funded R&D into fielded products and operating companies. The company operates three interconnected service lines: (1) the Visionary Founders Program pairing entrepreneurs with vetted federal lab IP, (2) Startup Acceleration Services helping TRL 4–6 companies land first agency customers and Phase II SBIR/STTR awards, and (3) Government and Corporate Innovation Programs where it operates accelerators, studios, and training engagements on contract for federal agencies and enterprises. Core offerings include FedTech Startup Studio, DOE Boost (with Sandia), NASA Startup Studio (under a $475M NOIS3 IDIQ through 2035), Northrop Grumman Technology Accelerator, Homeland Security Startup Studio, Crucible Accelerator (with NavalX Inland Empire Tech Bridge), DOE Emerging Tech Studio, the Massachusetts Climatetech Studio (with MassCEC), Accelerate ALX, and DoD Elevate, supported by the FedTech VentureMatch capital-introduction platform and Technical & Business Assistance (TABA) services as a preferred provider for Army Phase I & II SBIR/STTR and NOAA Phase II awardees.
FedTech's underlying 'technology' is programmatic: a curated network of 120+ federal lab partners (Sandia, Argonne, Oak Ridge, Lawrence Livermore, Brookhaven, SLAC, Princeton Plasma Physics, NNSA, NASA, NOAA, etc.), a 480+ mentor network, and standardized 10–18-week acceleration and venture studio curricula — combined with sustained access to federal decision-makers in the DMV. The company does not develop proprietary technology products and does not take equity from founders, positioning itself as a neutral, sponsor-aligned operator rather than a traditional accelerator or VC.
Revenue is generated exclusively through program contracts and partnerships: managed-services revenue from federal prime contract vehicles (NASA NOIS3 IDIQ, ARL prime IDIQ, GSA MAS through 2029, USPS IDIQ), fee-for-service corporate accelerator work (Northrop Grumman, Procter & Gamble, Samsung, BAE Systems, Leidos), regional economic development engagements (AEDP, MassCEC, SC NEXUS, Montgomery County MD), and supporting affiliate-style revenue through VentureMatch. Pricing to startup participants is free of charge and free of equity; stipends and prize pools are funded by sponsors. The company is privately held, self-sustaining, and has not publicly disclosed external funding rounds.
FedTech firmographics
Firmographics- Name
- FedTech
- Legal name
- Hyperion Technologies, LLC
- Website
- https://fedtech.io
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- FedTech is an Arlington, VA-based deep tech commercialization platform founded in 2015 that designs and runs equity-free accelerators, venture studios, and TABA programs for U.S. federal agencies, national labs, and corporate partners, translating federally funded IP into operating companies.
- Ownership category
- akta.pro rank
Where FedTech is headquartered
LocationHeadquarters
- HQ city
- Washington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
FedTech business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Government Program Contracts: FedTech generates revenue by designing and running commercialization programs for federal agencies, national labs, and corporations under contract. They hold multiple prime contract vehicles including NASA NOIS3 IDIQ ($475M through 2035), ARL prime IDIQ, GSA Multiple Award Schedule (through 2029), and USPS Innovation Services IDIQ. This is the primary revenue model.
- Corporate Innovation Partnerships: FedTech runs corporate accelerator programs for partners including Northrop Grumman, Procter & Gamble, Samsung, IndusBridge Ventures, JETRO, and KIC, generating revenue as a fee-for-service program operator.
- VentureMatch Platform: Connecting investors with startups from FedTech programs, facilitating funding rounds that benefit the ecosystem. FedTech may earn fees or maintain relationships through this network.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | One time/ perpetual license | Free programs for startups — no equity, no cost |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
FedTech product offering
Product offeringCore offering
FedTech operates an equity-free deep tech commercialization platform that designs and runs venture studios, accelerators, and Technical & Business Assistance (TABA) programs for federal agencies, national labs, and corporations. The company bridges federal laboratory intellectual property with entrepreneurs, helping startups win first agency customers and Phase II SBIR/STTR contracts while moving technologies from lab discovery to fielded use. FedTech holds prime contract vehicles with NASA, ARL, GSA, and USPS and takes no equity from participating startups.
Product overview
FedTech is a fully integrated, equity-free deep tech commercialization platform that offers three interconnected service lines: (1) Visionary Founders Program for building companies around federal lab IP, (2) Startup Acceleration Services for winning first agency customers and Phase II contracts, and (3) Government Innovation Programs for agencies. The company operates a portfolio of named venture studio and accelerator programs including FedTech Startup Studio, DOE Boost (with Sandia National Laboratories), eiX Venture Studio, Northrop Grumman Technology Accelerator, NASA Startup Studio, Massachusetts Climatetech Studio, Accelerate ALX, Crucible Accelerator, Crucible Primer, DoD Elevate, and DOE Emerging Tech Studio (DETS). Supporting services include FedTech VentureMatch for connecting ventures with capital, and Technical & Business Assistance (TABA) for SBIR/STTR awardees. FedTech does not take equity and aligns with government sponsors.
Differentiator
Problem solved
Functional benefit
Products and services
- Visionary Founders Program
- Startup Acceleration Services
- Corporate & Enterprise Innovation
- Government Innovation Programs
- FedTech VentureMatch
- Technical & Business Assistance (TABA)
- DOE Boost
- Northrop Grumman Technology Accelerator
- Homeland Security Startup Studio
- FedTech Startup Studio
- DOE Emerging Tech Studio (DETS)
- Accelerate ALX
- Massachusetts Climatetech Studio
- NASA Startup Studio
- Crucible Accelerator
- Crucible Primer
- DoD Elevate
- eiX Venture Studio
Quantifiable outcome
- 76% one-year survival rate for program participants
- +4 more outcomes
Companies that use FedTech
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles5 records
FedTech technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
FedTech partnerships and signals
Strategic signalPartnerships
33 partnerships are on record, tiered core and secondary.
- Alexandria Economic Development Partnership (AEDP)coreAEDP selected FedTech as the operator for Accelerate ALX, Alexandria's first tech startup accelerator backed by $200,000 in city funding. This is the first initiative under Alexandria's comprehensive economic development strategy ALX Forward.
- SC NEXUS / SCRAsecondarySouth Carolina's energy innovation initiative launched eiX (Entrepreneurship and Innovation Exchange) Venture Studio, a collaborative effort involving FedTech and Greenville's NextGEN to boost energy technology commercialization in Greenville, SC.
- Greenville NextGENsecondaryRegional innovation partner in South Carolina's eiX Venture Studio program alongside SC NEXUS and FedTech, focused on energy technology commercialization in the Greenville region.
- NavalX / Inland Empire Tech BridgecorePowering the Crucible Accelerator, a 10-week no-cost no-equity program for defense startups. NavalX Tech Bridge Network consists of 18 regional Tech Bridges serving as technology scouts and networking hubs connecting Naval labs with startup ecosystems.
- Massachusetts Clean Energy Center (MassCEC)coreFedTech partners with MassCEC on the Massachusetts Climatetech Studio, a 16-week program helping entrepreneurs launch climate technology ventures. Participants receive $15,000 stipends and access to a $250,000 prize pool.
- Northrop GrummancoreFedTech runs the Northrop Grumman Technology Accelerator, an 11-week virtual program offering fast-track collaboration with Northrop Grumman including potential funded pilots, investments, and strategic partnerships. Northrop Grumman is one of the largest defense prime contractors.
- Sandia National LaboratoriescoreFedTech's primary DOE lab partner, co-running the DOE Boost 18-week venture building program. DOE Boost connects entrepreneurs with energy technologies from DOE laboratories. Sandia also partners on NNSA Innovation Day and other programs. This is one of FedTech's longest-standing and most active partnerships.
- NASAcoreFedTech holds NASA NOIS3 IDIQ contract (through 2035, $475M ceiling) and runs the NASA Startup Studio, matching teams of entrepreneurs with NASA technologies. FedTech also provides technology transfer support for NASA T2X initiatives.
- U.S. Department of Energy (DOE)coreMultiple DOE partnerships including DOE Boost (Sandia), DOE Emerging Tech Studio, and DOE Office of Technology Commercialization programs. DOE is a major sponsor of FedTech programs through the Technology Commercialization Fund.
- U.S. Department of Defense (DoD)coreDoD partnerships span multiple programs: Crucible Accelerator (with NavalX Inland Empire Tech Bridge), DoD Elevate training (with Defense Laboratories Office), DISA Lean Startup Training, and various SBIR/STTR support programs. FedTech works with Army, Navy, Marine Corps, and defense innovation units.
- U.S. Department of Homeland SecuritycoreFedTech runs the Homeland Security Startup Studio, focused on DHS S&T-funded technologies from university labs, federal labs, and FFRDCs, connecting entrepreneurs with vetted federal lab tech for commercialization serving both government and commercial sectors.
- Army Research Laboratory (ARL)coreFedTech holds ARL prime IDIQ contract enabling direct engagement with Army research labs for technology commercialization programs. Also the preferred TABA provider for Army Phase I & II SBIR/STTR awardees.
- U.S. Small Business Administration (SBA)secondarySBA oversees the SBIR and STTR programs, which are central to FedTech's work. SBA's reauthorization (April 2026, S.3971) directly impacts FedTech's ecosystem as it enables continued SBIR/STTR funding for startups in FedTech programs.
- GSA (General Services Administration)coreFedTech holds a GSA Multiple Award Schedule contract (47QREA19D0017 through 2029), enabling federal agencies to procure FedTech services through established contracting channels.
- Defense Information Systems Agency (DISA)secondaryFedTech partnered with DISA to implement lean startup principles, providing in-person and virtual trainings, multi-day sessions, and continuous support for internal innovation operations. The partnership enhanced service adoption rates and agile decision-making at DISA.
- Procter & GamblesecondaryCorporate innovation partner listed on FedTech's website. P&G works with FedTech to access emerging technologies and innovation ecosystems relevant to consumer goods.
- National Security Innovation Network (NSIN)secondaryNSIN is a component of the Defense Innovation Unit focused on creating linkages between DoD and startup communities. FedTech programs (e.g., Neurable) are noted as NSIN Foundry alumni companies.
- National Oceanic and Atmospheric Administration (NOAA)secondaryFedTech is the preferred TABA provider for NOAA Phase II awardees, providing technical and business assistance to help NOAA-funded startups commercialize their technologies.
- Oak Ridge National LaboratorysecondaryOne of 120+ federal lab partners in FedTech's network, providing technology sourcing for FedTech programs in energy, advanced materials, and other domains.
- Argonne National LaboratorysecondaryFederal lab partner providing technology for FedTech commercialization programs, particularly in energy, climate, and advanced materials.
- Lawrence Livermore National LaboratorysecondaryFederal lab partner contributing technologies to FedTech programs, particularly in defense, national security, and advanced manufacturing.
- Brookhaven National LaboratorysecondaryDOE national lab partner providing technologies for FedTech programs in energy, materials science, and other research areas.
- SamsungsecondaryCorporate innovation partner listed on FedTech's website, seeking access to emerging deep tech innovations through FedTech's program ecosystem.
- BAE SystemssecondaryFedTech's programming has been referenced by BAE Systems as valuable for navigating the defense ecosystem. BAE Systems is listed as a corporate partner.
- LeidossecondaryDefense and technology company listed as a FedTech partner, collaborating on defense innovation programs.
- Korea Innovation Center (KIC) DCsecondaryInternational innovation partner supporting Korean technology companies' engagement with U.S. federal innovation ecosystems through FedTech programs.
- JETRO (Japan External Trade Organization)secondaryJapanese government trade organization partnering with FedTech to connect Japanese companies and startups with U.S. federal technology commercialization opportunities.
- National Nuclear Security Administration (NNSA)coreFedTech co-hosts NNSA Innovation Day, bringing together startups, investors, universities, and ecosystem partners for an inside look at NNSA and its national laboratories. FedTech also runs DOE Emerging Tech Studio (DETS) for NNSA.
- US NavalX Tech Bridge Networkcore18-regional Tech Bridge network operating as technology scouts and connection points between Naval labs and startup ecosystems. Crucible Primer and Crucible Accelerator are powered by NavalX and its Inland Empire Tech Bridge.
- Montgomery County, MarylandsecondaryLocal government economic development partner. FedTech advisor Tommy Luginbill is associated with the Montgomery County MD Technology Innovation Fund and Founders Fund.
- SLAC National Accelerator LaboratorysecondaryDOE national lab partner providing technologies for FedTech commercialization programs in energy, physics, and advanced research.
- Princeton Plasma Physics LaboratorysecondaryDOE national lab partner contributing fusion and plasma physics-related technologies to FedTech's commercialization ecosystem.
- U.S. Department of TransportationsecondaryFederal agency partner with a seal displayed on FedTech's partner page, indicating involvement in technology commercialization programs.
Scale indicators15 records
Recent moves6 records
Expansion highlights6 records
FedTech competitors and assessment
Company assessmentDirect peers
- T-REX (Technology, Resources, Education, eXchange): T-REX is a St. Louis-based innovation hub and technology startup incubator with deep ties to federal agencies (notably the National Geospatial-Intelligence Agency) that operates commercialization programs similar to FedTech's government-sponsored studio and accelerator model. Both organizations specialize in moving federal and dual-use technologies into commercial startups.
- Larta Institute: Larta Institute is a Los Angeles-based nonprofit that runs federal lab commercialization programs (notably for NIH, NSF, DOE, and USDA) and supports entrepreneurs commercializing government-funded research. It is one of the closest direct comparables to FedTech's TABA and accelerator service lines.
- Dcode: Dcode is a Washington, DC-based accelerator and consulting firm that connects emerging technology companies with the federal government, helping startups navigate procurement and win federal customers. Its GTM parallels FedTech's federal commercialization mission, particularly for defense and civilian agency sponsors.
- Capital Factory: Capital Factory is an Austin-based accelerator with a strong Department of Defense and intelligence community focus, operating defense tech programs in partnership with military and federal sponsors. Comparable to FedTech's Crucible Accelerator in its defense commercialization role.
Broad incumbents
- Techstars: Techstars is a large global accelerator network with multiple programs including Techstars Industries and accelerator programs touching defense, government, and dual-use technology. It operates at much broader scale than FedTech but shares the accelerator/studio model for early-stage deep tech commercialization.
- Plug and Play Tech Center: Plug and Play is a large Silicon Valley-based accelerator and corporate innovation platform operating multiple industry verticals including aerospace, defense, and government. Comparable to FedTech's Corporate & Enterprise Innovation service line for large enterprise technology scouting.
- MITRE Corporation: MITRE operates federally funded research and development centers (FFRDCs) and runs technology transition programs that move federally-funded R&D into operational use. While not a startup accelerator, it is a comparable federally anchored innovation operator that overlaps with FedTech's mission of moving lab discoveries to fielded capability.
- Battelle Memorial Institute: Battelle operates multiple national laboratories (including for DOE) and has large-scale tech transfer and commercialization capabilities, including running federal lab-to-market programs. It is a substantially larger incumbent that overlaps with FedTech's federal lab commercialization value proposition, particularly with DOE.
Regional players
- BioGenerator: BioGenerator is a St. Louis-based startup creation engine that builds and supports life sciences and biotech companies, often from university and federal lab IP. It overlaps with FedTech's federal lab-to-startup model but is concentrated in the St. Louis bioscience cluster rather than operating nationally across defense/energy/climate.
Emerging players
- Dreamit Ventures: Dreamit Ventures is a U.S. accelerator that has operated programs in government, healthcare, and urban tech, with cohorts designed to help startups win enterprise and public-sector customers. Comparable to FedTech's federal-customer-acquisition focus though smaller and not federal-lab IP-driven.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
FedTech social profiles
Digital presenceFedTech financial estimates
Financial estimateRevenue estimate
Valuation estimate
FedTech leadership team
Management profileNumber of profiles
Profiles14 records
FedTech funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FedTech M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FedTech
What does FedTech do?
FedTech operates an equity-free deep tech commercialization platform that designs and runs venture studios, accelerators, and Technical & Business Assistance (TABA) programs for federal agencies, national labs, and corporations. The company bridges federal laboratory intellectual property with entrepreneurs, helping startups win first agency customers and Phase II SBIR/STTR contracts while moving technologies from lab discovery to fielded use. FedTech holds prime contract vehicles with NASA, ARL, GSA, and USPS and takes no equity from participating startups.
Is FedTech a public or private company?
FedTech is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was FedTech founded?
FedTech was founded in 2015. It employs 101 to 250 people.
Where is FedTech based?
FedTech is headquartered in Washington, United States, in the North America region.
How does FedTech make money?
Three revenue lines are on record. Government Program Contracts are the primary driver. The others are corporate Innovation Partnerships and ventureMatch Platform.
Who are FedTech's main competitors?
Direct peers on record are T-REX (Technology, Resources, Education, eXchange), Larta Institute, Dcode and Capital Factory. Broad incumbents are Techstars, Plug and Play Tech Center, MITRE Corporation and Battelle Memorial Institute. BioGenerator is listed as a regional player. Dreamit Ventures is listed as an emerging player.
Does FedTech have an API?
No public API is recorded for FedTech.