InSitech, Inc. is a Partnership Intermediary representing the business interests of the Armaments Research, Development, and Engineering Center (ARDEC) located at the U.S. Army’s Picatinny Arsenal in Morris County, New Jersey. With a management team experienced in creating sustainable enterprise value, InSitech is an integral driver in the DoD’s transformation strategy.

InSitech will commercialize the intellectual property developed or funded by ARDEC, which has dual-use applicability in the broader commercial sector, in addition to the homeland defense/security, law enforcement, public safety and first responder markets. This will be accomplished through direct investment or by creating business combinations (and jobs) with the private sector. To support this initiative, InSitech and the Chart Group have formed Chart Venture Partners, L.P. a $100 Million venture fund that will invest in private companies that (1) acquire and commercialize federally funded, proven technologies or (2) develop technologies that can be utilized by ARDEC.

InSitech also has an Enhanced Use Leasing objective, which includes the renovation of 4 existing buildings (over 100,000 sq. ft.) at Picatinny, as well as the development of 120 acres of non-excess land into the Picatinny Applied Research Campus (PARC). Anticipated tenants will include other government agencies, academia and the private sector. The PARC will provide new, state of the art facilities (build-to-suit) with access to the $1.2 Billion of high tech equipment and over 64 laboratories, all in a collegial R&D setting.

InSitech is focused on speeding the development of dual use technology that will support the warfighter and provide a beneficial economic impact to society.