Defense Advanced Research Projects Agency (DARPA) is a government agency based in Arlington, Virginia. Established in 1958, DARPA's mission is to make investments in breakthrough technologies for national security. The organization works within an ecosystem that includes academic, corporate, and governmental partners, with a constant focus on the Nation's military services, which work with DARPA to create new strategic opportunities and tactical options. The assets of the agency are managed by the executive management team.Defense Advanced Research Projects Agency is currently investing in private equity.