Advisory and capital for dual-use defense companies.

Phase Three Ventures runs the fastest path from dual-use technology to federal revenue: from your first SBIR award to an enterprise program of record — the outcome the entire system is named for. We advise the crossing. We invest in the companies making it.

Focused on the Department of the Air Force — AFWERX, SpaceWERX, and the Air Force and Space Force acquisition commands where we have operated for years — with deep space domain awareness technical expertise behind us.

Start a conversation See the strategy
$300M+in federal awards secured for client companies over the past years
20+TACFI and STRATFI bridge-funding packages prepared and submitted
40+ yrscombined space domain and national security technical experience
DAFDepartment of the Air Force focus — AFWERX, SpaceWERX, and the commands behind them
DEPARTMENT OF THE AIR FORCE

Built around the missions we know.

Phase Three operates where commercial technology meets Air Force and Space Force acquisition—connecting credible capabilities to funded mission demand.

Aircraft and a mobile operations team working from an expeditionary airfield
AIR FORCE

Air Force mission advantage

Capture and transition strategy across Air Force priorities—from autonomy and sensing to mission software, sustainment, and enabling infrastructure.

A resilient satellite constellation connected above Earth at night
SPACE FORCE

Space mission advantage

Operator-credible technical and capture support across SDA, BMC3, resilient communications, and on-orbit analytics.

THE STRATEGY

Innovation awards are a means, not an end.

Most dual-use companies treat an SBIR award as the win. It isn't. A Phase II is a paid engagement that buys you something more valuable than the money: a government customer with a contract vehicle, a reason to meet, and a path to scale.

The end state is a program of record — Phase III sole-source authority, no dollar ceiling, available to any agency. Everything we do is sequenced backward from that outcome.

PHASE I–II

Enter

Land the first paid federal engagement through SBIR/STTR, Direct-to-Phase-II, and open topics. Fast, non-dilutive, and the beginning of the customer relationship — not the point of it.

TACFI / STRATFI

Bridge

Cross the valley of death with bridge funding built on customer memoranda, matching-capital strategy, and end users who will fight for you. This is where most companies stall and where we do our best work.

PHASE III

Transition

Convert the relationship into an enterprise contract of record — sole-source eligible, unlimited ceiling, real federal ARR that compounds instead of expiring.

Space, air, maritime, and ground systems connected through a shared mission network
ONE TRANSITION PATHWe connect the capability, the mission owner, the acquisition pathway, and the capital required to cross into enduring federal revenue.
ADVISORY

Embedded in your team, running your capture.

Capture & proposals

Full-cycle pursuit of SBIR/STTR, Direct-to-Phase-II, TACFI, STRATFI, and BAA opportunities: topic selection, technical and cost volumes, compliance, pricing, and submission. Built by someone who writes and wins these packages continuously — not a template shop.

SBIR / STTR / D2P2 / TACFI / STRATFI / BAA responses

Government navigation

Stakeholder mapping across program executive offices, deltas, and end-user organizations. We identify who owns the requirement, who signs the customer memorandum, and who moves the money — then run the meeting cadence and transition plan that turns interest into obligation.

Stakeholder maps / Customer memoranda / Transition plans / Phase III strategy

Fractional capture lead

A retainer seat on your team. We own your federal pipeline end to end — opportunity qualification, pursuit decisions, proposal calendar, and customer relationships — so your engineers keep shipping while the federal revenue line gets worked every single week.

Monthly retainer / Pipeline ownership / Pursuit strategy

Space technical support

Hands-on engineering depth for space companies: orbital analysis and algorithm validation, space domain awareness architecture review, demo engineering, and operator workflow design. We have built and shipped SDA software used on real Space Force operations floors — we can strengthen yours before the government evaluates it.

Algorithm validation / SDA architecture review / Demo engineering / Operator UX

A technical team collaborating around a live mission-planning table
OPERATOR-CREDIBLE

Strategy grounded in how missions actually run.

We translate technical advantage into the language, evidence, and acquisition path that operators and program offices can act on.

An orbital sensor maintaining custody of an object above Earth
THE SPACE EDGE

For space companies, we go deeper than capture.

Most advisory firms can write your proposal. Very few bring 40+ years of combined space domain and national security technical experience — including building and shipping space domain awareness software used by Space Force operators. We do, and it changes what we can do for you.

Technical support, not just paperworkSpace domain awareness, orbital analysis, and operator workflow expertise — we can pressure-test your technical approach before the government does.
Operator-credible positioningWe know how watch floors, deltas, and program offices actually evaluate space capabilities — so your demos, briefs, and technical volumes speak their language on the first pass.
Mission-need matchingWe map your commercial capability to the specific SDA, BMC3, and space-control gaps the Air Force and Space Force are funding right now — not the ones from last year's slide decks.

Advice with skin in the game.

Advisory is the engine. Investment follows conviction.

Our core business is the advisory work: capture, proposals, and government navigation, engaged on retainers and fixed-scope packages. Investing is selective — in clients where the work itself has shown us the real transition odds, Phase Three takes equity alongside or instead of fees, and writes direct checks into companies we have helped de-risk from the inside. We underwrite with information most investors never see: the customer memos, the program-office temperature, the end-user pull.

Our capital also works as STRATFI leverage: private investment can qualify as the matching funds that unlock government dollars at up to a 2-to-1 ratio — so a check from us can bring government money with it.

Non-dilutive federal funding offsets your burn. Our capital and incentives ride with yours.

INVESTMENT FOCUS

Where we put capital to work.

We invest in dual-use companies where government validation and matching-fund structures multiply private capital — with the deepest conviction in the domains we know from the inside.

A connected satellite constellation supporting space domain awareness above Earth
CORE

Space & SDA

Space domain awareness, BMC3, on-orbit analytics, and space-control adjacent capabilities.

A modular autonomous aerospace vehicle in an integration bay
ADJACENT

AI & autonomy

Decision-layer software, edge autonomy, and AI-native tooling with a credible defense mission map.

An airborne sensing platform connecting observations across ground and maritime nodes
ADJACENT

Sensing & infrastructure

Proliferated sensing, resilient communications, and the open infrastructure the mission runs on.

Example engagement: a seed-stage space company holding a Phase II — we build the customer memoranda, structure the STRATFI match, and invest alongside the round that the government funding de-risks.
TRACK RECORD

Built by a Subject Matter Expert, not a template shop.

Phase Three Ventures was founded by a Subject Matter Expert who has spent the past years helping dual-use technology companies secure more than $300 million in federal innovation funding, primarily through Air Force and Space Force rapid-innovation programs.

The advice you get is not theory. It is a capture system that is winning inside these same program offices right now.

$300M+ securedFederal awards for client companies across years of dual-use advisory work
Operator-technicalBuilt and shipped space domain awareness software used in U.S. Space Force operations
DAF-nativeYears of daily work inside AFWERX, SpaceWERX, and Air Force / Space Force acquisition channels
HOW WE ENGAGE

Simple to start. Built to compound.

01

Intro call

Thirty minutes, no deck required. Bring your award status and where you're trying to land. We tell you honestly whether we can move it — and if we can't, who can.

02

Scoped engagement

Fixed-scope packages or a monthly retainer, always tied to a concrete outcome: a submitted package, a signed customer memorandum, a funded bridge. No open-ended consulting hours.

03

The crossing

We work your federal pipeline every week toward the program of record. When the work builds real conviction, the investment conversation starts — on terms that reward what we've built together.

CONTACT

Thirty minutes. No deck required.

Bring your current award status and where you are trying to land. We will tell you honestly whether we can move it — and if we can't, who can.

info@phasethreeventures.com phasethreeventures.com