Sunday, November 8, 2026
TGOs

The business of defense

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Company

In-Q-Tel

In-Q-Tel has never made an investment in a Chinese or Russian company. ↗

HeadquartersTysons, VA ↗
Founded1999 ↗
LeadershipSteve Bowsher, President and CEO ↗; Christopher Darby, CEO 2006 to 2023 ↗; Michael M. Crow, board chairman ↗
OwnershipIndependent 501(c)(3) not-for-profit ↗
Websitewww.iqt.org ↗

Products

  • In-Q-Tel makes technology development agreements, typically between $500,000 and $3 million, structured as development and licensing agreements for the national security community. ↗
  • In-Q-Tel makes equity-only investments, typically between $250,000 and $500,000. ↗
  • In its investments, In-Q-Tel receives a small equity stake and status as a board observer. ↗

Customers

  • In-Q-Tel works with the CIA, NGA, FBI, DIA, NSA and NRO. ↗
  • In-Q-Tel works with DHS, including CBP, and with U.S. Cyber Command. ↗
  • In-Q-Tel works with the Office of Strategic Capital. ↗
  • In-Q-Tel works with U.S. Central Command, U.S. Space Force and U.S. Space Command. ↗
  • In-Q-Tel works with the U.K. and Australian national intelligence communities. ↗
  • U.S. Army, the Office of Strategic Intelligence & Analysis, the Department of Energy National Nuclear Security Administration and the Department of the Navy are new In-Q-Tel partners. ↗
  • The CIA created In-Q-Tel and funds it primarily through contracts, and In-Q-Tel's mission is to supply technology the intelligence community needs. ↗

Segments

  • In-Q-Tel's investments span frontier technologies from biotechnology to microchips, and from AI to space systems. ↗

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