$30 Million Funding from the US Air Force to a Blockchain Company

Indiana-based blockchain company SIMBA Chain, known for its projects with the US military, has raised $30 million in funding from the US Air Force (USAF).

by USAF January 31st As part of its goals to identify and advance technologies that have the potential to secure future industry dominance, SIMBA Chain 30 million dollar strategic fund increase has been announced.

SIMBA Vice President of Government Operations Stacy Betlej – Amodeo In his statement on the subject, he used the following statements:

Our new project for the USAF will pave the way for more efficient and comprehensive management of assets within the Department of Defense (DoD) supply chain. We are excited to build on our existing partnership with DoD to scale SIMBA Blockchain technology across the enterprise.

Also CEO of SIMBA Bryan Ritchie He made the following statements on the subject:

With the increase in funding, our government partners are sending a strong signal of demand for blockchain technology. Given the commitment of the DoD supply chain, this opportunity also marks an opportunity to collaborate and increase adoption in the commercial sector.

SIMBA Chain previously 2020 and 2021 to research and develop a blockchain for supply chain logistics. from USAF in total 3 million dollars received funding.

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