A Quick Message from Amish, Founder / MD @ Conduit.

As many of you know, over the past 18 months our core focus has been establishing the foundation of what we believe is a truly differentiated approach to Physical-Tech equity investing. This approach blends deep operational expertise through venture building, the translation of novel (deep-tech) technologies via strategic research and corporate partnerships, and the support of a strong network of industry veterans and supply-chain partners. At its core, our mission is to meet founders and technologies exactly where they are in the innovation journey, and to deploy the right mix of capital, operational support, and strategic guidance to help them progress through each critical stage of commercialization - We will share more on our investment approach in 2026, but I look forward to finding more ways to collaborate, share and invest together!

The Non-AI Generated TL/DR December Update

  • IHMC x Conduit Venture Labs Partnership is Full Steam Ahead

  • 3️⃣ Conduit Welcomes 3 New Fellows in November

  • 🚀 Co-Investment SPV Opportunity: Yard Robotics

  • 🫣 See you at CES 2026 (events below)

🔬 From Lab → Market “The Right Way”

IHMC x Conduit Commercialization Partnership has officially launched, and the team is heads down working on projects ranging from immersive drone training and planning systems (defense), AI powered exo-skeletal industrial labor augmentation wearables, spatial-threat detection devices (defense, security)... you get the idea!

As part of this and a few other partnerships TBA in Q1 we plan extend our current Company Creation Fund and grow Conduit’s core team in H1 2026. with strategic leaders from Intellectual Ventures to bolster and expanded our focus on Technology Commercialization of “Lap-to-Market” Deep-Tech.

🚀 Conduit Welcomes Three New Fellows

Ted McFarland — Ted is a veteran aerospace and communications executive with decades of experience leading strategic growth, operations, and investor engagement across satellite, telecom, and defense sectors. He currently provides fractional executive leadership and advisory support through his firm TM2Space LLC, helping space and communications companies scale and navigate global markets. His career includes senior roles at industry leaders such as Astranis, Blue Origin, Orbital ATK, Lockheed Martin, and PanAmSat, reflecting deep expertise in technology commercialization and business development.

Will (William) Lyons is a venture strategist and entrepreneur with deep roots in aerospace and innovation. He previously held senior global engineering and technology leadership roles at The Boeing Company, where he led international R&D strategy and cross-industry partnerships, and now advises startups and venture platforms on building, scaling, and positioning new ventures.

Eric Klein — Eric Klein is a seasoned technology investor and builder, serving as a partner at Lemnos, an early-stage hardware-focused venture fund, and as a managing partner at Klein Venture Partners, where he supports and funds hardware and tech founders.

🤖 Conduit Ventures Yard Robotics Seed SPV

One of our own, Conduit Fellow, and long time college, Divya, of Yard Robotics is slaying it (as the kids say these days), and we have an allocation in his latest SAFE round, alongside leads Jesse Draper (HalogenVC), and Adam Draper (BoostVC).

👉🏽 If you are interested in joining our SPV opportunity, please reach out to me directly and I can send you our investment memo.

🎯 See you at CES 2026

Susan, David and I will all be attending CES this year and we would love nothing more than connecting with you if you are there. Here are some events to have on your radar that we or our strategic partners are hosting.

Conduit ShopTalk: Conversations w/ The Builders Behind the Build.

☃️ Happy Holidays… 🚀 Let’s Build (Together)

The Conduit team has been preparing the last 2-ish years for what lies ahead in 2026, and we would not be anywhere if it was not for this community of like-minded minds…. excited to shift gears in 2026 … stay-tuned for a more in depth EOY / 2026 Perspective in the coming weeks.

Happy Holidays and Happy New Year

Amish Patel, Founder, CEO Conduit Venture Labs / Conduit Ventures GP

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