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Ellen Chang

San Diego Defense Tech Investor and Naval Portfolio Director
Ellen is Director of the Naval Portfolio of BMNT INC, an innovation strategy consultancy laser focused on helping government customers troubleshoot and accelerate innovation. In this position, she leads the Company’s Navy focused programs, and energetically grows the San Diego ecosystem that supports national security innovation.

Ellen is also co-founder/managing partner of Syndicate 708, a deep tech focused investment syndicate that looks to invest in and accelerate Deep Tech companies @ LightSpeed. Syndicate 708 derives from pivoting LightSpeed Innovations, an aerospace-focused accelerator dedicated to investing in and fostering startups in the aerospace sector, to a model of selective investment.

Prior to BMNT, Ellen was VP Operations/Finance for Cognitive Medical Systems, a Healthcare IT
company that serviced the Veterans Administration. In this role, she led the finance, contracting and
services delivery of this $15M company. She led the accounting function ensuring the company passed
a GAAP audit on an annual basis, laid the foundation for the Company’s “Approved Government
Accounting System”, and transformed the company from a paper-based accounting system to one based
on streamlined digital processes.

Ellen’s career spans from the U.S. Navy as an intelligence officer to JP Morgan where she focused on
exploring and facilitating investing in start-ups. She later founded her own start-up in the aviation
industry where the team focused on building a B2B aviation part sourcing and brokerage focused on
business jets. During her 12 years at Northrop Grumman, she held positions as a systems engineer and
program manager, working in design and development of autonomous systems ranging from the Global
Hawk to the Unmanned Carrier-based unmanned aerial system and departed as Director of Advanced
Systems where she and her team formulated and transitioned concepts targeted at a 10 year horizon,
involving space and aero domains.

Ellen holds a bachelors degree in history and minor in biophysics from the University of Pennsylvania, an
MS in systems engineering from the Naval Postgraduate School, and an MBA in finance from The
Wharton School. Ellen loves to run, taste wine, and travel. She is the Treasurer/Board member of
Wharton Angels and is co-president of Wharton Aerospace and runs the innovation-ventures focused
Wharton Aerospace Ventures.
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