Capital Factory Properties LLC

Capital Factory Properties LLC, a for-profit limited liability company headquartered in Austin, Texas, provides collaborative workspace memberships, event venue hosting, and innovation support services to defense agencies as a prime contractor on a 100% full-and-open posture—the vendor does not pursue set-aside awards. The company operates physical innovation infrastructure designed to connect Department of Defense organizations with commercial technology ecosystems and facilitate technology transfer across defense innovation programs including DARPA, Army Futures Command, AFWERX, and Army Applications Laboratory.

Customer concentration is highly skewed toward DARPA and the Army. The top five funding agencies account for 93% of recent awards by count and 98% by combined potential value. DARPA dominates both metrics, placing 22 awards worth $32.7 million combined potential value—nearly 57% of Capital Factory's total prime footprint. The Department of the Army follows with 17 awards valued at $12.5 million (21% of total), and the Air Force Research Laboratory accounts for 9 awards worth $9.4 million (16% of total). The two customer-concentration rankings align tightly, signaling that DARPA and the Army drive both volume and dollars across Capital Factory's portfolio.

Capital Factory holds three primary indefinite delivery vehicles anchoring its Defense Department footprint. The largest is DARPA's $25 million multiple-award Blanket Purchase Agreement for Commercial Accelerators Support and Research Program Support Services (awarded August 21, 2024, expiring August 20, 2027), under which 21 task orders have been placed carrying $7.7 million in combined potential value. The vendor also holds a $5.1 million single-award indefinite delivery contract with the Department of the Army for Capital Factory Membership, Venue, and Event Services (awarded September 29, 2022, expiring June 30, 2027), which has generated 10 delivery orders worth $4.2 million in combined potential value. A third vehicle, the Air Force Research Laboratory's $5 million multiple-award Blanket Purchase Agreement for AFWERX collaborative workspace support (awarded September 2020, extending through September 2025), has produced 14 task orders valued at $4 million combined potential value.

Recent representative work includes a $456,090.42 DARPA BPA task order awarded January 12, 2026, for research program support services performed in Beaverton, Oregon (completion June 10, 2027); a $450,399.17 DARPA BPA call awarded December 17, 2025, for commercial accelerators support services in Arlington, Virginia (completion May 3, 2027); and a $1,008,789.48 Army delivery order awarded July 1, 2025, for accelerator and incubator workspace services with completion targeted for June 30, 2026. Smaller representative calls include a $288,000 Air Force Research Laboratory BPA call for AFWERX collaborative workspace support (awarded September 23, 2025) and a $24,600 Army delivery order for accelerator/incubator workspace with co-workspace licenses (awarded April 15, 2026).

Activity has grown sharply in recent years—from 6 awards in 2022 to 19 in 2025—though 2026 remains sparse in the source data (3 awards recorded as of the snapshot date). Sixteen awards (combined potential value $5.7 million) reach ultimate completion within the next twenty-four months, creating recompete exposure for the vendor across both the DARPA BPA and Army IDIQ vehicles.

The vendor's award portfolio reflects a narrow NAICS and PSC footprint. Administrative Management and General Management Consulting Services (NAICS 541611) and Professional Organizations (NAICS 813920) dominate categorization by count (22 and 19 awards respectively), with Convention and Trade Show Organizers (NAICS 561920) accounting for 16 awards. On the PSC side, 37 awards carry Support—Professional: Other (PSC R799), while 13 carry Operation Of Office Buildings (PSC 7101). All awards are firm fixed-price, full-and-open procurements with no small business set-asides applied; Capital Factory competes against the full federal contractor marketplace on each task order.

Performance spans multiple locations—Austin (primary), Beaverton, Arlington, Columbus, Exeter, and other sites—reflecting the geographic distribution of defense innovation initiatives across the United States. The vendor has drawn approximately $15.1 million in actual obligations against the $57.6 million combined potential value across all 58 awards, indicating that 26% of ceiling value has been invoiced to date.