The Utah Industry and Innovation Center is pleased to announce three Utah companies were selected to receive awards from the NASA Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) program as part of a $51M investment in US small businesses in this funding round. All three companies have worked extensively with the Industry and Innovation Center, taking advantage of workshops, samples and templates provided by the Center as well as editing, expertise and guidance in all elements of SBIR/STTR proposals.
“We are thrilled NASA has awarded these highly competitive funds to AnalySwift, HiFunda and InnoSys and offer our deep congratulations.” said Mary Cardon, Center Director. “It has been our pleasure to provide guidance and expertise to these companies in their pursuit of these non-dilutive funds as they advance their next-generation technology. Each is well deserved.”
Here is an overview of the company and awarded projects:
AnalySwift, West Jordan, Utah – Phase I STTR project aims to develop a modeling framework for the reliable design of deployable spacecraft structures for NASA and can have applications in commercial aerospace, defense, auto, marine, energy and recreation sectors.
HiFunda, LLC, Salt Lake City, Utah – Phase I SBIR project to develop and demonstrate a castable inorganic composite potting material (CICPM) and casting process to meet the demanding requirements for high-temperature electromagnets that will reduce the life cycle cost of electric propulsion thrusters on NASA spacecraft. Other applications include gas turbine engines, furnaces, processing equipment, aerospace and automotive.
InnoSys, Inc, Salt Lake City, Utah – Phase I SBIR project to develop an imaging camera for use in extreme high temperatures and environments including NASA missions to Venus.
In NASA Phase I SBIR/STTR projects, companies receive up to $125,000 to establish the merit and feasibility of their innovations. Based on their progress and success during Phase I, companies may submit proposals and receive additional funding through Phase II contracts. The federal SBIR and STTR programs do not require payback or take equity from the company.
The Utah Industry and Innovation Center, part of the Utah Governor’s Office of Economic Development, helps eligible Utah-based companies in all aspects of the SBIR/STTR programs. With a success rate nearly double the national average, it has assisted Utah companies win more than $42M to support the research and development of their technologies.
Find additional information at the Center’s website: https://business.utah.gov/industry-and-innovation-center/
Media inquiries: Please contact GOED's Media Relations Manager, Tony Young, at firstname.lastname@example.org or 801-538-8722.