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Department of Commerce

Grant agency

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Investment thesis

SBIR awards through Commerce components outside NIST and NOAA.

SBIR/STTR awards Β· non-dilutive funding

Federal grants and contracts to small businesses β€” no equity taken. Awards on record 1985–2017.

Awards
1,008
Companies funded
513
Total awarded
$113.3M
Median award
$75K

722 Phase I Β· 286 Phase II Β· most-funded states: CA, MA, MD, CO, VA

Recent awardeesPhaseYearAmount
USML L.L.C.Summerfield, NCPhase II2017$399.8K
Catalina Sea RanchSan Pedro, CAPhase II2016$400K
SHARED SPECTRUM COMPANYVienna, VAPhase I2016$120K
LI-COR, Inc.Lincoln, NEPhase I2016$120K
Forever Oceans CorporationWarrenton, VAPhase I2016$119.8K
MANO NANOTECHNOLOGIES INCGuilderland, NYPhase II2016$400K
SOUTHWEST SCIENCES INCSanta Fe, NMPhase II2016$400K
INNOVATIVE IMAGING & RESEARCH CORPStennis Space Center, MSPhase II2016$400K
Proteus Technologies, LLCSlidell, LAPhase II2016$400K
AMETHYST RESEARCH INCArdmore, OKPhase II2016$400K
Cultured Abalone Farm LLC, TheGoleta, CAPhase II2016$400K
INTELLIGENT OPTICAL SYSTEMS, INC.Torrance, CAPhase II2016$400K
NORTHWEST RESEARCH ASSOCIATES, INC.Redmond, WAPhase II2016$400K
GINER INCNewton, MAPhase II2016$399.9K
PRESCIENT WEATHER LTDState College, PAPhase II2016$399.9K
CLIMATE FORECAST APPLICATIONS NETWORK, LLCReno, NVPhase II2016$399.6K
ARETE ASSOCIATESNorthridge, CAPhase II2016$398.7K
Fernandez, StevenRio Rancho, NMPhase II2016$380.2K
BOULDER ENVIRONMENTAL SCIENCES AND TECHNOLOGY, LLCBoulder, COPhase I2016$120K
REMOTE SENSING SOLUTIONS, INC.Barnstable, MAPhase I2016$120K
ADAPTIVE DYNAMICS, INC.San Diego, CAPhase I2016$120K
Mechelen, LLCStennis Space Center, MSPhase I2016$120K
ENTANGLEMENT TECHNOLOGIES, INC.Burlingame, CAPhase I2016$120K
TOYON RESEARCH CORPORATIONGoleta, CAPhase I2016$120K
MAKEL ENGINEERING, INC.Chico, CAPhase I2016$120K
C.A. GOUDEY & ASSOCIATESNewburyport, MAPhase I2016$120K
TOYON RESEARCH CORPORATIONGoleta, CAPhase I2016$120K
OPTO-KNOWLEDGE SYSTEMS INCTorrance, CAPhase I2016$120K
GIRD SYSTEMS INCCincinnati, OHPhase I2016$120K
SUNBURST SENSORS, LLCMissoula, MTPhase I2016$120K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are non-dilutive β€” the agency takes no equity.

Instruments
Grants
Last 12 months
1 investment
Tracked investments
122

What they invest in

from 77 of 122 portfolio companies

Deep Tech Γ—57Hardware Γ—49Defense Tech Γ—41Advanced Manufacturing Γ—18New Materials Γ—16Climate Tech Γ—14Enterprise Software Γ—12AI & Machine Learning Γ—11

HQs:United StatesΓ—56

Investments Β· 122 tracked

founders shown can be your intro path

By year:2025 Β· 12023 Β· 12016 Β· 312012 Β· 740 dated

ADA TECHNOLOGIES, INC.adatech.com

ADA Technologies manufactures energy storage products for specialized defense applications.

Advanced ManufacturingDeep TechDefense TechEnergyHardwareEnglewood, US

Russ Farmer(President & CEO)Nada Farmer(Vice President & Chief Financial Officer)James Dong(Vice President of Research and Development)Sayan Naha(Vice President, Business Development)

ADAPTIVE DYNAMICS, INC.adaptive-dynamics.comMay 2016 Β· $120K

Adaptive Dynamics Inc.

Deep TechDefense TechHardware

ADVANCED FUEL RESEARCH, INC.afrinc.com
AERODYNE RESEARCH INCaerodyne.comMay 2016 Β· $514.5K

Aerodyne Research develops research-grade scientific instrumentation and provides measurement and R&D services focused on environmental and energy challenges.

Climate TechDeep TechHardware

Albido Corporationalbido.com
AMETHYST RESEARCH INCamethystresearch.cominJul 2016 Β· $400K

Amethyst Research designs and manufactures infrared detectors and emitters for government and commercial applications, offering custom solutions from materials growth through device prototyping.

Deep TechDefense TechHardwareSemiconductorsNot specified, US

Analytical Instrument Systems Incaishome.com

Analytical Instrument Systems (AIS, Inc.) designs and supplies voltammetric electrochemical instruments for analyzing environmental conditions in extreme settings, from deep oceans to polar regions.

CleantechClimate TechHardware

APPLIED MATHEMATICS, INC.applmath.com

Applied Mathematics, Inc. is a technical consulting firm that develops algorithms and mathematical solutions for defense, naval, and government applications.

Deep TechDefense TechEnterprise SoftwareGales Ferry, US

APPLIED OPTRONICS CORPapplied-optronics.com
ARETE ASSOCIATESarete.com𝕏Jul 2016 Β· $668.6K

AretΓ© develops geospatial intelligence and sensing solutions for space-based and satellite applications, with deep learning and analytics capabilities serving national security and safety missions.

Deep TechDefense TechHardwareSpace Tech

AUTOMATED PRECISION, INC.apisensor.com
BARRON ASSOCIATES, INC.barron-associates.com

Barron Associates develops human interface technologies using motion tracking, gesture recognition, and haptics to serve people with disabilities and specialized users such as astronauts.

AI & Machine LearningDeep TechDeveloper ToolsHardwareHealthtechRobotics

BIOSPHERICAL INSTRUMENTS, INC.biospherical.com

Biospherical Instruments manufactures optical sensors and monitoring systems for oceanographic, atmospheric, water quality, and environmental research applications.

Climate TechDeep TechHardwareNew Materials

BIOWAVES, INC.bio-waves.com
BOULDER ENVIRONMENTAL SCIENCES AND TECHNOLOGY, LLCboulderest.comJul 2012 Β· $310K

Boulder Environmental Sciences and Technology develops and fabricates microwave radiometers and passive microwave sensors for environmental observation, weather forecasting, and climate monitoring.

Climate TechDeep TechHardwareSpace TechBoulder, US

BOULDER NONLINEAR SYSTEMS, INC.bnonlinear.com
BRECHTEL MANUFACTURING, INC.brechtel.comin

Brechtel manufactures specialized aerosol measurement instrumentation for scientific research, including aircraft-deployable systems and portable devices used in climate and atmospheric studies.

Advanced ManufacturingClimate TechDeep TechHardwareFremont, US

Fred P. Brechtel(President and Founder)Fred Brechtel Sr.Fred Brechtel Jr.(CEO)Fred Sr.Fred Jr.(CEO)

C-2 INNOVATIONS INC.c-2innovations.comJun 2016 Β· $119.2K
Cagoudeycagoudey.comMay 2016 Β· $120K

C.A.

Deep Tech

Clifford A. Goudey(Founder)

Catalina Sea Ranchcatalinasearanch.com𝕏Jul 2016 Β· $400K

San Pedro, US

Phil Cruver(Executive Officer, Director)JOHN EGER(Executive Officer)

BoardDeborah Johnson(Director)Roger O'Brien(Director)

CFD RESEARCH CORPORATIONcfd-research.comin

CFD Research Corporation develops engineering simulations, advanced prototypes, and innovative designs for aerospace, defense, life sciences, materials, and energy sectors using software and experimental capabilities.

AI & Machine LearningBiotechDeep TechDefense TechEnergyHuntsville, US

CIENCIA INCciencia.com

Ciencia develops the Centinela platform, an optical diagnostics system for performing scientific assays at lower cost than traditional methods, serving academic researchers and clinical diagnostics applications.

BiotechDigital HealthMedical Devices

CLIMATE FORECAST APPLICATIONS NETWORK, LLCcfanclimate.netin𝕏Jul 2016 Β· $399.6K

CFAN develops advanced weather and climate forecasting platforms using machine learning and artificial intelligence to help energy companies, insurers, and utilities manage weather and climate-related risks.

AI & Machine LearningClimate TechEnergyAtlanta, US

Judith Curry(President and Founder)Peter Webster(Chief Scientist and Founder)

CODAR OCEAN SENSORS, LTDcodar.comin

CODAR provides HF radar networks for monitoring sea surface currents and supporting marine operations, with applications in oil spill response and ocean data collection.

Climate TechDeep TechHardwareIoTMountain View, US

Dr. Donald Barrick

Compact Membrane Systemscompactmembrane.cominNov 2025 Β· $249.7K

New Castle, US

Erica Nemser(Executive Officer, Director)inBill Charlton(Executive Officer)Bennett Nemser(Director)

BoardGuido Radaelli(Director)Chris Erickson(Director)Tony Sun(Director)

Co-investorsChevron Technology VenturesPangaea Ventures

CREARE LLCcreare.comin

Creare is an engineering and research company with advanced laboratory and fabrication facilities for experimental work across scales and temperatures.

Advanced ManufacturingDeep TechDefense TechDeveloper ToolsEnterprise SoftwareHardwareNew MaterialsSpace TechHanover, US

Dr. Jay Rozzi(Vice President, Principal Engineer)Jeff Breedlove(Senior Staff)Dr. Odile Clavier(Senior Staff)Dr. Patrick Magari(President, Principal Engineer)

Cultured Abalone Farm LLC, Theculturedabalone.comJul 2016 Β· $400K
DANIEL H WAGNER ASSOCIATES INCwagner.com
DESERT STAR SYSTEMS, LLCdesertstar.com
Droplet Measurement Technologiesdropletmeasurement.comin𝕏Nov 2016 Β· $169.8K

Droplet Measurement Technologies designs and manufactures scientific instruments and airborne probes for researchers studying atmospheric and cloud physics across global research institutions.

AgTechClimate TechDeep TechHardwareBoulder, US

Darrel Baumgardner(Founder, Chief Scientist)inRobert McAllister(CEO)Brendan Green(Vice President)Edward Benford(Manager and Vice President)Benjamin Riefe(Manager and Secretary)

DYNAFLOW, INC.dynaflow-inc.comin𝕏

Dynaflow develops computational fluid dynamics software and specialized hardware systems for hydrodynamic analysis, cavitation testing, and water-based material erosion applications.

Cloud ComputingDeep TechDefense TechDeveloper ToolsHardwareNew MaterialsSaaSAnnapolis Junction, US

Dr. Georges L. Chahine

E PAINT COMPANYepaint.com

ePaint manufactures and sells copper-free antifouling paints designed to prevent biofouling on boats and marine vessels while being environmentally safe.

Advanced ManufacturingCleantechConsumerE-commerceNew MaterialsStuart, US

EIC LABORATORIES, INC.eiclabs.com
Electro Standards Laboratory, Inc.electrostandards.com

Electro Standards Laboratories provides research and development engineering services in power electronics, communications, and control systems for industrial applications including defense and transportation sectors.

Advanced ManufacturingDefense TechEnergyEnterprise SoftwareHardwareCranston, US

EMAG TECHNOLOGIES INC.emagtech.com
ENGI-MAT COengi-mat.com
FIRST RF CORPORATIONfirstrf.com
Forever Oceansforeveroceans.comMay 2016 Β· $119.8K

AgTechWarrenton, US

Mathew Goldsborough(Executive Officer, Director)Jason Heckathorn(Executive Officer, Director)

BoardTony Baxendale(Director)

FREENT TECHNOLOGIES, INC.freenttechnologies.com
FRONTIER TECHNOLOGY INC.ftidefense.comin𝕏

FTI Defense provides integrated software solutions combining analytics, modeling and simulation, and defensive cyber capabilities tailored for government and defense missions.

AI & Machine LearningCybersecurityDeep TechDefense TechEnterprise SoftwareSanta Barbara, US

Lavon F. JordanJoseph S. Hashem

GeoOpticsgeooptics.com

GeoOptics develops satellite-based Earth observation instruments and GNSS weather products that provide atmospheric, surface, and subsurface data for environmental monitoring and planning.

Climate TechData & InfrastructureDeep TechSpace TechPasadena, US

Thomas P. Yunck(Executive Officer, Director)inJon Kirchner(Executive Officer)Conrad C. Lautenbacher(Executive Officer, Director)inRussell H. Packer(Executive Officer)

BoardMarco Villa(Director)Wesley K. Clark(Director)

Co-investorsStarbridge Venture Capital Llc

GINER INCginerinc.comMay 2016 Β· $914.9K
GIRD SYSTEMS INCgirdsystems.comMay 2016 Β· $120K

GIRD Systems develops custom signal processing, communications, and electronic warfare solutions, including custom waveform development, hardware optimized for SWaP-C, and agnostic IP cores for digital communications.

Deep TechDefense TechHardware

GRAMMATECH INCgrammatech.comin𝕏

GrammaTech provides services, research, and software products designed to identify critical security vulnerabilities in code.

CybersecurityDefense TechDeveloper ToolsIoT

HARMONIA HOLDINGS GROUP, LLCharmonia.comin

Harmonia provides advanced technology solutions for U.S. federal government agencies, specializing in AI/ML, cybersecurity, data science, and cloud modernization using Agile and DevSecOps methodologies.

AI & Machine LearningCybersecurityEnterprise SoftwareGovTechBlacksburg, US

Pallabi Saboo(Co-founder, Strategic Advisor)Jai Saboo(Co-founder, Strategic Advisor)Marc Abrams(Co-founder, Chief Technology Officer)

Co-investorsMadison Dearborn Partners

HEAT, LIGHT, AND SOUND RESEARCH, INC.hlsresearch.com

HLS Research conducts basic and applied research in underwater acoustics, including ocean acoustic tomography, marine mammal tracking, SONAR, and seafloor imaging.

Deep TechDefense TechLa Jolla, US

HIFUNDA LLChifundallc.comin

Develops advanced materials and electrochemical technologies, including geopolymers, electrochemical processes and sensors.

Deep TechDefense TechNew Materials

HYPRES INChypres.comin𝕏

HYPRES designs and manufactures superconductor integrated circuits and related cryogenic equipment for high-speed digital and mixed-signal applications.

Deep TechDefense TechHardwareSemiconductors

INDUSTRIAL MEASUREMENT SYSTEMS INCimsysinc.com
INNOVATIVE IMAGING & RESEARCH CORPi2rcorp.comJul 2016 Β· $400K
INNOVATIVE TECHNOLOGY INCinovati.comin

Inovati develops kinetic metallization coating systems that deposit fully dense, metallurgically bonded surface coatings for wear and corrosion protection across aerospace, defense, and industrial components.

Advanced ManufacturingDeep TechDefense TechHardwareNew Materials

INTELLIGENT FIBER OPTIC SYSTEMS CORPifos.com
INTELLIGENT OPTICAL SYSTEMS, INC.intopsys.comJul 2016 Β· $969.9K
INTERNATIONAL ELECTRONIC MACHINES CORPORATIONiem.netin𝕏

IEM is a metrology company serving the North American rail industry with precision measurement equipment, particularly for wheel wear monitoring.

Advanced ManufacturingDefense TechHardwareIoTMobility & TransportationTroy, US

KNOWLEDGE BASED SYSTEMS INCkbsi.com
LI-COR, Inc.licor.cominMay 2016 Β· $120K

LI-COR builds measurement and monitoring instruments β€” including gas analyzers, data loggers, weather stations, and software β€” for studying carbon flux, greenhouse gas emissions, water quality, soil conditions, and plant health across soil, water, and atmospheric ecosystems.

AgTechCleantechClimate TechHardware

Thomas Reslewicin

Co-investorsBattery Ventures

LUNA INNOVATIONS INCORPORATEDlunainc.comin𝕏

Luna Innovations develops fiber optics, nanomaterials, and precision assembly solutions across multiple technical domains.

Advanced ManufacturingData & InfrastructureDeep TechHardwareNew Materials

Kevin Ilcisin(President and Chief Executive Officer)Will Denman(Senior Vice President, General Manager, Optical Communications Testing Business Unit)

LUXEL CORPORATIONluxel.comin𝕏

Luxel manufactures photocathodes for high-performance streak cameras used in scientific instrumentation, including ultra-flat cathodes optimized for precise time resolution.

Advanced ManufacturingDeep TechHardwareNew MaterialsFriday Harbor, US

LYNNTECH INC.lynntech.comin𝕏

Lynntech provides scientific research, technology development, and prototype engineering services primarily for government-sponsored projects.

Deep TechDefense TechDeveloper ToolsEnterprise SoftwareMedical DevicesCollege Station, US

MAINSTREAM ENGINEERING CORPmainstream-engr.comin

Mainstream Engineering develops and manufactures thermal management, power systems, refrigerated containers, and specialty products for government, military, commercial, and industrial applications.

Advanced ManufacturingDeep TechDefense TechEnergyHardwareRockledge, US

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