During the Cold War, a vast array of technologies developed with Pentagon dollars were adapted to commercial uses. Digital computers. Jet engines. Lasers. The Internet. Collectively, these “spinoff” technologies transformed commerce and culture, creating many billionaires in the process. Now a new wave of such military-to-commercial innovations is beginning to reach the marketplace as overseas wars wind down. The best known are drones originally developed to find fleeting threats, but the big opportunity for entrepreneurs may lie not so much in the aircraft as in the compact, high-resolution sensors that they carry.
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