Cyber Fast Track (CFT) has already resulted in funded security research and has been featured at several prominent events in 2011.
See Current Projects... See More Events...

CFT is designed to fund research to be performed by boutique security companies, individuals, and hacker/maker-spaces, and allow them to keep the commercial Intellectual Property for what they create. The goal is not to have these entities focus on solving DoD problems, but rather to fund research efforts these organizations would have considered on their own but are not pursuing due to complexity/cost/time/etc. Where it is an effort that may help the community at large it is almost by definition within the running lanes of CFT to consider. What's good for the community is good for DARPA. Please note, CFT does not purchase existing technology, nor does it fund efforts to perform engineering modifications to existing (or known) technologies. This is a research effort."

HackRF: A Low Cost Software Defined Radio Platform
Great Scott Gadgets

A Machine Learning Approach for Source Code Vulnerability Detection
Hidden Layer, LLC

Cyber Gaming as an Education Mechanism
Ponte Technologies, LLC

The Power Strip Auditor
Pwnie Express

Smartphone Penetration Testing Framework
Bulb Security LLC

EON: Private Information Retrieval for Network Monitoring
Narf Industries LLC

FDF - File Disinfection Framework
Reversing Labs International GmbH

Sealing and Testing Virtual Systems
Dan Farmer

Proactive defenses for operating system dynamic memory allocators
Subreption LLC

GPU Assisted Malware Detection for Mobile Devices
GoToTheBoard