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Do Lean Startup Methods Work for Deep Tech?

October 7, 2024
Mina De La O/Getty Images

Over the last decade, a niche slice of the tech sector has delivered some of its most impressive breakthroughs. Deep-tech innovation — the practice of harnessing the most recent advancements in scientific understanding to create technologies that were previously inconceivable — has delivered groundbreaking companies like SpaceX and products such as mRNA vaccines. And an emerging crop of companies are developing transformative ideas: the discovery of “halicin” by MIT researchers shows how deep tech can tackle global antibiotic resistance; the company Terrapower is trying to harness nuclear innovation for sustainable energy, while Quandela is on the frontier of quantum computing, promising leaps in computational power and encryption. Advancements like these can radically alter industries, economies, and even lives. 

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