US Air Force Pumps $30M Into Blockchain for Supply Chains

The US Air Force is still really into blockchain as a way to revamp supply chain management, and it’s betting on Indiana startup SIMBA

article-image, modified by Blockworks


The US Air Force (USAF) has for a while experimented with blockchain solutions to manage cash flow and streamline data management operations.

It was already collaborating with blockchain-as-a-service provider SIMBA Chain to develop a blockchain-based system for certain functions including supply chain quality and management.

This week, the Air Force selected SIMBA for a $30 million strategic technology initiative, representing a significant bump to its budget for blockchain initiatives.

The investment will go to development of blockchain-powered applications in support of supply chain management by the Office of the Undersecretary of Defense for Research & Engineering, the USAF, US Navy, US Army and the Defense Logistics Agency.

“Our new project for the USAF will pave the way to more efficient and comprehensive management of assets within the Department of Defense supply chain,” Stacy Betlej-Amodeo, vice president of government operations at SIMBA, said in a statement.

In 2021, SIMBA chain secured $25 million in a Series A funding round led by Valley Capital Partners. Other individual investors affiliated with tech giants Amazon, Apple, Meta, SpaceX and Microsoft participated in the round, the firm said at the time.

SIMBA previously secured seven contracts with the US Air Force, the most recent being tokenization of its supply chain budget to keep checks on potential risks and imbalances. The first contract was executed in 2019. 

SIMBA has also worked with other divisions of the Department of Defense (DoD), including a $9.5 million US Navy contract in 2020 related to secure communications.

SIMBA’s platform allows clientele to work with both public, private and hybrid blockchain networks, although it’s likely the US Air Force would gravitate towards permissioned systems only. Blockworks has reached out to SIMBA to learn more.

The firm isn’t the only blockchain startup to offer such services to the military. Constellation Network has also worked with the DoD and other partners for secure data transmission, and partnered with the USAF on a data security solution through blockchain encryption. 

Analytics unit Chainalysis has also secured numerous contracts to work with US agencies, including the DoD.

Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus.


Upcoming Events

Salt Lake City, UT

MON - TUES, OCT. 7 - 8, 2023

Blockworks and Bankless in collaboration with buidlbox are excited to announce the second installment of the Permissionless Hackathon – taking place October 7-8 in Salt Lake City, Utah. We’ve partnered with buidlbox to bring together the brightest minds in crypto for […]

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Research Report Cover Vertex.jpg


The proliferation of new perp DEXs has led to fragmented liquidity across various DEXs and chains. Vertex, known for its vertically-integrated DEX that includes spot, perpetual, and integrated money markets, is now tackling cross-chain liquidity fragmentation through horizontal integration with the launch of new Edge instances. Vertex's integrated offerings and cross-margined account structure amplify the benefits of new instances: native cross-chain spot trading, optimized cross-chain basis trading, consistent interest rates, reduced bridging friction, and more.


Partnering with EtherFi and Angle, the fully on-chain perp DEX features bespoke collateral



Gavin Wood introduced the next evolutionary step for the Polkadot network: the Join-Accumulate Machine, or JAM


The side events were the places to be at Consensus 2024, according to attendees


Also, who’s come out swinging in the spot ether ETF fee war — and who could undercut them


I know it is not in their nature, but US regulators could learn a lot by researching the digital asset frameworks that overseas regulators have already gotten right


Also, the ETF hype train can count out at least one member