U.S. Air Force Invests $30M in SIMBA Chain to Secure Supply Chain

• SIMBA Chain has been awarded a $30M STRATFI with the U.S. Air Force to develop and deploy blockchain applications in supply chain management.
• The investment will focus on the development of the SIMBA Blocks platform and provide in-transit visibility for the USAF strategic mission.
• SIMBA Chain has previously developed blockchain applications including tokenization of the organization’s budget and tracking of critical components vital to the air service branch.

SIMBA Chain Awarded $30M U.S. Air Force STRATFI

South Bend, Indiana, 31st January, 2023, Chainwire Leading enterprise blockchain solutions provider SIMBA Chain announces it has been selected for a $30M STRATFI with the U.S. Air Force (USAF), following up on multiple projects the company has completed for the military branch in recent years.

Focus on Supply Chain Management

The USAF STRATFI is focused on identifying and advancing technologies that have the potential to secure its future dominance. The $30M investment reflects a significant budget increase compared to previous blockchain initiatives, and will focus on the development and deployment of blockchain applications in supply chain management. These programs are designed to be used by the Office of the Undersecretary of Defense for Research & Engineering, the USAF, U.S. Navy, U