Capital Factory Properties LLC, a for-profit limited liability company, has been awarded a $5.1 million indefinite delivery contract by the Department of the Army to provide collaborative workspace, venues, and event services in Austin, Texas to support Army innovation initiatives. This multi-year contract vehicle enables Capital Factory Properties LLC to continue supporting programs such as Army Futures Command and the Army Applications Laboratory through the provision of coworking facilities, conference rooms, and technology demonstration events over the contract period ending in 2027. The company has also been awarded multiple firm fixed price delivery orders under this contract, including a $15,000 order for a technology demonstration at the South by Southwest conference and a $1 million order for 12 months of workspace membership, venue, and event services for the Army Family and Community Centers program in Austin. Additionally, Capital Factory Properties LLC holds a separate $5 million indefinite delivery contract with the Department of the Air Force to deliver similar collaborative workspace and event services for the AFWERX innovation program across multiple locations.
The contracted products and services aim to facilitate technology development and adoption for the Department of Defense by providing physical spaces, events, and supporting infrastructure to connect the military with the commercial innovation ecosystem. The company's prior experience supporting initiatives such as AFWERX, Army Futures Command, and the Army Applications Laboratory demonstrates its expertise in delivering these types of collaborative workspace and event services to enable innovative partnerships between the military and the private sector.
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