Theia

Article

Gambit Faces Funding Challenges Amid L.A. Defense Industry Growth and SBIR Program Dispute

DEFENSE

Gambit, a tech company focused on AI-driven military assets, is facing funding challenges due to a dispute over the expired Small Business Innovation Research (SBIR) program, which has hindered its growth despite securing military contracts. The company previously received $3.3 million and sought an additional $5 million, but recent legislative conflicts have stalled funding restoration efforts, delaying $94 million in contracts for over 25 companies and impacting the local defense tech ecosystem.

Gambit Faces Funding Challenges Amid L.A. Defense Industry Growth and SBIR Program Dispute
Jan 20, 2026, 8:19 PM

No comments yet. Be the first to share your thoughts!