Pentagon pulled out ahead of bankruptcy filing
(NEWSER) - Solar-energy firm Solyndra was one of three companies picked for a $1 million Navy pilot program for new technologies—but the Navy cut ties to the firm the day before Solyndra declared bankruptcy. A top investor in Solyndra, RockPort Capital, also sits on the Pentagon's emerging technology panel. When a RockPort principal pointed the Navy to Solyndra, he revealed RockPort's investment in the solar firm, he says, but he didn't tell the military about Solyndra's financial troubles. More»