Defense technology startups sought for $30,000 pitch competition at GVSETSNewsDan Taylor Technology Editor Military Embedded SystemsImage via Velocity STERLING HEIGHTS, Michigan. Velocity is accepting applications from defense and dual-use technology startups for a pitch competition offering more than $30,000 in unrestricted cash prizes, the organization announced in a statement. The Velocity Emerging Defense Tech 5X5 Pitch Competition will take place August 13 from 11 a.m. until noon during the Ground Vehicle Systems Engineering & Technology Symposium (GVSETS), the statement reads. Judges will assess the entrants based on their technology, market opportunity, commercial viability, and potential impact, according to the statement. GVSETS is presented by the National Defense Industrial Association’s Michigan Chapter and focuses on military ground vehicles, mobility systems, and related defense technologies.