The Secret History of Minnesota Part 1: Engineering Research Associates
Steve Blank
DECEMBER 11, 2023
While it seemed like a good idea and had the Navy’s backing, the founders got turned down for funding by companies, investment bankers and everyone, until they talked to John Parker. Sales in their first fiscal year were $1.5 Warlock was so large that it was kept at the ERA factory and operated as a remote operations center.
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