In 2009 The DARPA Red Balloon Challenge made headlines, but I didn't take a lot of notice at the time. I didn't see any red balloons either.
However...
In Oct 2012 : MilitaryAerospace' Editor John Keller reported on the advent of PERFECT.
The DARPA Microsystems Technology Office (MTO) last week awarded a $6.3 million contract to SRI International in Princeton, N.J.; and an $8.7 million contract to Reservoir Labs Inc. in New York for the Power Efficiency Revolution For Embedded Computing Technologies (PERFECT) program, which seeks to overcome power efficiency barriers that limit the capabilities of military embedded systems.
