US national security technology provider Science Applications International Corporation (SAIC) has promoted Michael Hauser to managing partner for its corporate venture capital arm, SAIC Ventures.
SAIC specialises in defence, space and intelligence security IT products and services. SAIC Ventures targets entrepreneurs working on security technologies encompassing cloud, cyber, digital transformation, digital engineering and artificial intelligence.
Based in Washington DC, Hauser joined SAIC in early 2021 as product management and sales director. He was responsible for the commercialisation of new products and services.
SAIC Ventures took Hauser on board in November 2022 as senior director of growth enablement. He led the investments and products teams and focused on mergers and acquisitions, corporate venturing and strategic partnerships. He also liaised with government customers, providing sales and marketing services.
In his new job, Hauser also assumed a vice president of products, investments and strategic partnerships role. He will revamp SAIC Ventures’ investment strategy and collaborate with startups to create additional value for government customers.
Hauser spent more than a decade at another US aerospace and defence firm, Boeing, where he was involved in security systems and military aircraft strategies. In 2017 he became a founding member of HorizonX, the strategic investment subsidiary of Boeing, and was an investing director for a year and a half before his departure in 2019.
SAIC Ventures is seeking a ventures principal in the San Francisco Bay Area. The US firm in this story should not be confused with Chinese carmaker Shanghai Automotive Industry Corporation Motor Corporation, more commonly known as SAIC Motor, or the latter’s CVC unit, SAIC Capital.