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Why is it called DARPA?
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DARPA was founded in 1958 as the Advanced Research Projects Agency. It was renamed DARPA in 1972. DARPA is a government agency that funds research and development in the United States. The agency is tasked with funding high-risk, high-payoff projects that have the potential to transform military capabilities, as well as civilian technologies. DARPA’s budget is approximately $3 billion per year.