Small Business Innovation Research

Momentus Inc. Announces Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 14, 2023

Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company that offers satellite buses, transportation, and other in-space infrastructure services, today announced its financial results for the third quarter of 2023.

Key Points: 
  • Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company that offers satellite buses, transportation, and other in-space infrastructure services, today announced its financial results for the third quarter of 2023.
  • "In the third quarter, we saw significant traction in the commercial market that continues into the fourth quarter.
  • Momentus placed a satellite in Low Earth Orbit for Aarhus on the Vigoride-6 mission that launched in April 2023.
  • Momentus will host a conference call to discuss the results today, November 14, at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time).

Robotic Surgery Pioneer Virtuoso Surgical Awarded $1.8 Million in SBIR Funding

Retrieved on: 
Tuesday, November 14, 2023

Medical device company Virtuoso Surgical, Inc. has been awarded a $1.8 million Small Business Innovation Research (SBIR) NIH grant to be received over the next two years.

Key Points: 
  • Medical device company Virtuoso Surgical, Inc. has been awarded a $1.8 million Small Business Innovation Research (SBIR) NIH grant to be received over the next two years.
  • Virtuoso’s robotic surgery system enables a new scale of robotic tools and maneuvers in endoscopic surgery that are not possible using today’s instruments.
  • “We are honored to receive this SBIR Phase II grant as we move toward commercialization of our groundbreaking robotic surgical system ,” said S. Duke Herrell, III, MD, FACS , CEO, Co-Founder and Chief Medical Officer of Virtuoso Surgical.
  • They developed the Virtuoso Surgical system with a design team helmed by COO, Co-founder and Lead Engineer Richard Hendrick, PhD.

Space Force selects GURU and Princeton to Build the Future of Immersive Collaborative Training for Space Flight Operations

Retrieved on: 
Monday, December 18, 2023

GURU will bring autonomy to simulation and visualization workloads to meet demand coming from the worldwide radical increase in space missions.

Key Points: 
  • GURU will bring autonomy to simulation and visualization workloads to meet demand coming from the worldwide radical increase in space missions.
  • The volume of both commercial and government space missions is growing exponentially, and teaching trainers with varying amounts of experience to create effective space flight mission operations training scenarios is a challenging task that requires careful planning and adaptation.
  • This effort requires the integration of a variety of simulation software packages critical to space flight, including open source and commercial software like GMAT and Cesium.
  • The commercialization opportunity from just the Unreal Engine component of this work addresses several million worldwide users, and commercial space demands this level of autonomy as space flight operations become as routine as commercial airline traffic.

New Research Insights on Artificial Intelligence from Americans Age 55+

Retrieved on: 
Wednesday, December 13, 2023

EVANSTON, Ill., Dec. 13, 2023 /PRNewswire/ -- The majority of today's Americans age 55+ have positive views on artificial intelligence, according to new findings from Mather Institute, the research area of Mather, a not-for-profit organization dedicated to creating Ways to Age WellSM.

Key Points: 
  • EVANSTON, Ill., Dec. 13, 2023 /PRNewswire/ -- The majority of today's Americans age 55+ have positive views on artificial intelligence, according to new findings from Mather Institute, the research area of Mather, a not-for-profit organization dedicated to creating Ways to Age WellSM.
  • "The study shows how positive, open and curious people 55+ are toward artificial intelligence," says Cate O'Brien, PhD, Senior Vice President of Mather Institute.
  • The most favorably perceived devices and technologies corresponded to the most commonly used: GPS, language translators, text editors, and digital assistants.
  • The guides allow those with mobility issues to prepare for outings and enjoy better quality of life.

ZE Government Solutions Announces Air Force SBIR Phase I Contract to Provide New Object Classification for Coastline Threats

Retrieved on: 
Wednesday, December 13, 2023

PHILADELPHIA, Dec. 13, 2023 /PRNewswire/ -- ZE Government Solutions (ZEGS), a wholly owned subsidiary of AI-based gun detection leader ZeroEyes, today announced it has been selected by AFWERX for a SBIR Phase I contract focused on new object classification to investigate its potential to fill capability gaps in the Department of the Air Force (DAF).

Key Points: 
  • PHILADELPHIA, Dec. 13, 2023 /PRNewswire/ -- ZE Government Solutions (ZEGS), a wholly owned subsidiary of AI-based gun detection leader ZeroEyes, today announced it has been selected by AFWERX for a SBIR Phase I contract focused on new object classification to investigate its potential to fill capability gaps in the Department of the Air Force (DAF).
  • For this project, ZEGS will use its cutting-edge green screen lab to create a portfolio of models enabling the Air Force to proactively secure waterside installations against potential coastline threats.
  • These might include small watercraft or fishing vessels conducting reconnaissance on U.S. operations at home and abroad.
  • We look forward to extending ZEGS use cases within the Air Force to ensure we remain vigilant and protect our citizens from potential coastline threats."

DARPA SELECTS ICON FOR LUNA-10 LUNAR ARCHITECTURE STUDY

Retrieved on: 
Tuesday, December 5, 2023

AUSTIN, Texas, Dec. 5, 2023 /PRNewswire/ -- ICON, a leader in advanced construction technologies and large-scale 3D printing, announced today that the Defense Advanced Research Projects Agency (DARPA) has selected the company to take part in the agency's 10-year Lunar Architecture (LunA-10) capability study. ICON is among a group of 14 performers that DARPA selected through a competitive solicitation process.

Key Points: 
  • ICON is among a group of 14 performers that DARPA selected through a competitive solicitation process.
  • ICON has been selected as part of the LunA-10 study to accelerate economic vibrancy on the Moon.
  • The seven-month study will aim to create a framework for interoperable commercial lunar architecture that will help to guide lunar research and investment over the next ten years.
  • "ICON is honored to be selected as part of the LunA-10 study to accelerate economic vibrancy on the Moon."

REI Systems Wins DOD Contract to Innovate Insider Threat Detection with Advanced Case Management Solution

Retrieved on: 
Tuesday, November 28, 2023

STERLING, Va., Nov. 28, 2023 /PRNewswire/ -- REI Systems has been awarded a contract from the Department of Defense (DOD)'s Insider Threat Management and Analysis Center (DITMAC) to build a case management service solution on the Salesforce.com platform.

Key Points: 
  • STERLING, Va., Nov. 28, 2023 /PRNewswire/ -- REI Systems has been awarded a contract from the Department of Defense (DOD)'s Insider Threat Management and Analysis Center (DITMAC) to build a case management service solution on the Salesforce.com platform.
  • "I am tremendously excited about our team supporting DITMAC with this mission-critical endeavor," said REI Systems Chief Growth Officer Wagish Bhartiya .
  • "This contract win reinforces REI's growing footprint in the defense market and bolsters our portfolio of low-code and case management capabilities.
  • By incorporating a commercial-like digital experience into DITMAC's existing framework, the DOD is poised to make a substantial improvement in its technological approach to insider threat management.

CenSyn Secures NSF SBIR Grant and Arizona State Funding to Accelerate Commercialization of Innovative Neuro Health Medical Platform

Retrieved on: 
Thursday, November 16, 2023

SCOTTSDALE, Ariz., Nov. 16, 2023 /PRNewswire/ -- CenSyn, a pioneering leader in the field of brain health screening technology, is thrilled to announce that it has been awarded a Small Business Innovation Research (SBIR) Phase I grant by the National Science Foundation (NSF). This prestigious grant is set to play a pivotal role in propelling CenSyn's groundbreaking neuro-medical platform towards early commercialization to redefine patient care in brain health management.

Key Points: 
  • This prestigious grant is set to play a pivotal role in propelling CenSyn's groundbreaking neuro-medical platform towards early commercialization to redefine patient care in brain health management.
  • The NSF SBIR Phase I grant, obtained after a highly competitive selection process, firmly underscores the remarkable potential of CenSyn's innovative neuro-medical platform in transforming how we detect concussions and manage long-term brain health.
  • "The NSF SBIR grant plays an important role in rolling out our platform for concussion screening, recovery, and long-term brain health management for diverse patient populations," said Andy Bhushan, co-founder & COO at CenSyn.
  • Alongside the NSF SBIR Phase I grant, CenSyn has secured crucial Arizona state funding, including the prestigious Arizona Commerce Authority (ACA) Arizona Innovation Challenge Grant and the backing of the WearTech applied research center.

Matmerize secures DOD award to develop low-flammability polymer composite materials using advanced AI methods

Retrieved on: 
Tuesday, November 7, 2023

This award comes at the heels of another SBIR recently awarded to Matmerize by the National Science Foundation (NSF) to develop physics-informed and physics-enforced machine learning architectures to advance materials development.

Key Points: 
  • This award comes at the heels of another SBIR recently awarded to Matmerize by the National Science Foundation (NSF) to develop physics-informed and physics-enforced machine learning architectures to advance materials development.
  • The flammability of polymer composites is quantified by a set of quantitative parameters, typically measured using highly standardized instruments/tests defined by the American Society for Testing and Materials (ASTM) and other agencies.
  • Matmerize will collaborate with DOD to develop a Polymer Informatics capability using suitable curated data and advanced AI/ML techniques, aimed at the accelerated design of low-flammability polymer matrix composites that meet other critical mechanical and thermal performance targets needed by the Navy.
  • The DOD SBIR aligns perfectly with Matmerize’s core mission to unlock the immense potential of AI in advanced materials engineering to address critical challenges and improve functionality, fire safety and sustainability.

Qylur Awarded US Air Force AFWERX Phase II SBIR Contract for Mission Adaptive AI for Networks of Autonomous Systems

Retrieved on: 
Monday, November 6, 2023

Qylur announces it has been selected by AFWERX for a Direct-to-Phase II contract in the amount of $1.2 million focused on the SNIM® (Social Network of Intelligent Machines) AI platform to address the most pressing challenges in the Department of the Air Force (DAF).

Key Points: 
  • Qylur announces it has been selected by AFWERX for a Direct-to-Phase II contract in the amount of $1.2 million focused on the SNIM® (Social Network of Intelligent Machines) AI platform to address the most pressing challenges in the Department of the Air Force (DAF).
  • The Air Force Research Laboratory and AFWERX have partnered to streamline the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) process by accelerating the small business experience through faster proposal to award timelines, changing the pool of potential applicants by expanding opportunities to small business and eliminating bureaucratic overhead by continually implementing process improvement changes in contract execution.
  • “Qylur’s patented approach to managing networks of intelligent machines at scale addresses a core challenge to deploying and maintaining critical AI models in devices like drones, UAVs and ground systems,” said Dr. Lisa Dolev, CEO, Qylur.
  • “We’re eager to apply our more than 15 years’ experience in deploying operational AI quickly and safely under changing mission conditions to applications that support our nation’s defense.