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U.S. Army

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Investment thesis

Funds soldier-facing and ground-systems technology through SBIR/STTR, from materials and munitions to medical devices, with xTech prize competitions feeding its award pipeline.

SBIR/STTR awards · non-dilutive funding

Federal grants and contracts to small businesses — no equity taken. Awards on record 1983–2023.

Awards
18,941
Companies funded
4,519
Total awarded
$6.3B
Median award
$119.5K

12,432 Phase I · 6,509 Phase II · 1,789 via STTR · most-funded states: CA, MA, VA, MD, PA

Recent awardeesPhaseYearAmount
STRADOS LABS, INCPhiladelphia, PAPhase II2023$1.9M
NEURABLE INC.BOSTON, MAPhase II2023$1.9M
PISON TECHNOLOGY INCBoston, MAPhase II2023$1.9M
CARBON LIMIT COBoca Raton, FLPhase II2023$1.8M
NOBLE GAS SYSTEMS INC.Novi, MIPhase II2023$1.8M
ANTHRO ENERGY INCSan Jose, CAPhase II2023$1.8M
INERGY HOLDINGS, LLCPocatello, IDPhase II2023$1.7M
OUTSIDE ANALYTICS INCBROOMFIELD, COPhase II2023$1.7M
OLEDWORKS LLCRochester, NYPhase II2023$1.7M
COOLCAD ELECTRONICS, INC.Takoma Park, MDPhase II2023$1.7M
GREENSIGHT INC.Boston, MAPhase II2023$1.7M
TeraDar, Inc.WATERTOWN, MAPhase II2023$1.7M
QUSECURE INCBelvedere Tiburon, CAPhase II2023$1.7M
LUNEWAVE INC.Tucson, AZPhase II2023$1.7M
ORBITAL TRACTION, LTD.Houston, TXPhase II2023$1.7M
COMPOUND EYE INC.Redwood City, CAPhase II2023$1.7M
SIXMAP INCPasadena, MDPhase II2023$1.7M
INFINITE COMPOSITES, INCTulsa, OKPhase II2023$1.6M
BLUESPACE.AI, INC.Santa Clara, CAPhase II2023$1.6M
EPISYS SCIENCE INCPoway, CAPhase II2023$1.2M
EXPEDITION TECHNOLOGY, INC.Herndon, VAPhase II2023$1.2M
TESSELLATED INCSouth Bend, INPhase IISTTR2023$1.1M
SPARK BIOMEDICAL INC.Dallas, TXPhase IISTTR2023$1.1M
Applied Energetics, Inc.Tucson, AZPhase IISTTR2023$1.1M
METAWAVE CORPCarlsbad, CAPhase II2023$566.2K
BRANCH TECHNOLOGY, INC.Chattanooga, TNPhase I2023$248.7K
QNECT LLCHadley, MAPhase I2023$246.5K
MANTEL CAPTURE, INC.Cambridge, MAPhase I2023$245.9K
BLACK LAB SPORTS LLCBoulder, COPhase I2023$200K
TRADESPACE INCSan Francisco, CAPhase I2023$200K

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

Instruments
Grants
Tracked investments
1444

What they invest in

from 948 of 1444 portfolio companies

Deep Tech ×526Hardware ×444Defense Tech ×391Advanced Manufacturing ×185New Materials ×169AI & Machine Learning ×151Energy ×81Cleantech ×73

HQs:United States×380Australia×1Spain×1South Korea×1

Investments · showing 1200 of 1444

founders shown can be your intro path

By year:2023 · 792022 · 752021 · 542020 · 1062019 · 662018 · 702017 · 922016 · 552015 · 512014 · 422013 · 362012 · 411396 dated

Applied Energeticsaergs.comOTC: AERGAug 2006 · $2.5M

Tucson, US

Gregory J Quarles(Executive Officer, Director)Bradford T Adamczyk(Director)Jonathan R Barcklow(Director)John E Schultz(Director)

Infleqtioninfleqtion.comin𝕏NYSE: INFQSep 2015 · $749.7K

Infleqtion builds neutral-atom quantum computers, precision quantum sensors, and related software, and works on integrated photonics to scale quantum systems.

Deep TechHardwareQuantum ComputingLouisville, US

Dana Anderson(Founder)Pranav Gokhale(Chief Technology Officer)inPaul Lipman(Chief Revenue Officer)inJason D. Hall(Chief Legal Officer)Ilan Hart(Chief Financial Officer)inMatthew J. Kinsella(Chief Executive Officer)

Co-investorsBreakthrough VictoriaCaruso VenturesForma PrimeGlynn Capital ManagementIn-Q-TelS Ventures+5 more

Lightpath Technologieslightpath.comin𝕏NASDAQ: LPTHSep 2022 · $172.4K

LightPath Technologies develops optics and imaging systems for defense and commercial applications.

Advanced ManufacturingDeep TechDefense TechHardwareOrlando, US

Shmuel Rubin(Chief Executive Officer)Albert Miranda(Chief Financial Officer)Alan Symmons(Executive Officer)Dorothy Marie Cipolla(Executive Officer)J. James Gaynor(Executive Officer, Director)

BoardM. Scott Faris(Director)

nLight Photonicsnlight.netNASDAQ: LASRDec 2003 · $2.4M

nLIGHT designs and manufactures high-power semiconductor lasers for defense systems, directed energy applications, and advanced manufacturing.

Deep TechDefense TechHardwareVancouver, US

Scott H. Keeney(Executive Officer, Director)Scott Keeney(Founder)inJake Bell(Executive Officer)David Schaezler(Executive Officer)Rob Martinsen(Executive Officer)Joseph DeBartolo(Executive Officer)

Co-investorsMenlo VenturesMultiplier CapitalOak Investment Partners

Solid Powersolidpowerbattery.comin𝕏NASDAQ: SLDPMar 2015 · $199.8K

Solid Power develops all-solid-state battery technology for automotive applications.

EnergyHardwareNew MaterialsLouisville, US

Douglas Campbell(Executive Officer, Director)Alexandra Gold(Executive Officer)Brandon Kelly(Executive Officer)Steve Furhman(Executive Officer)Joshua Buettner-Garrett(Executive Officer)David Jansen(Executive Officer, Director)

Co-investorsBMW i VenturesSnatched Ventures

0 BASE DESIGN, LLC0basedesign.cominJul 2017 · $100K

0Base Design is an engineering services firm that develops systems sensing and processing sound waves, light, and electromagnetism, offering concept design, rapid prototyping, and reverse engineering.

Deep TechHardware

2WITECH SOLUTIONS LLC2witech.comJan 2020 · $166.5K

2WiTech commercializes nano-enabled technology solutions, developing products from concept to market based on customer needs.

Deep TechNew Materials

3DEO INC3deolidar.comOct 2018 · $764.3K

3DEO designs, builds, operates, and processes airborne Geiger-mode single-photon lidar systems, delivering high-density geo-referenced point clouds and geospatial insights for government and commercial clients.

Deep TechHardwareNorwood, US

3DFlexible Inc3dflexible.comAug 2017 · $3.6M

3DFlexible develops a digital platform for additive manufacturing, including ceramic paste printing and related applications.

Advanced ManufacturingHardwareNew Materials

4042 AI LLC4042ai.comNov 2020 · $53.2K
6K Inc.6kinc.comin𝕏May 2013 · $1.1M

6K uses microwave plasma technology (Unimelt) to produce engineered materials, including battery cathode materials and metal powders for additive manufacturing, with an emphasis on sustainable processes.

Advanced ManufacturingCleantechEnergyNew Materials

Co-investorsEnergy Impact PartnersHG VenturesIn-Q-TelMaterial Impact

A-TECH CORPORATIONatacorp.comin𝕏Nov 2006 · $3.3M

AeroVironment (AV) develops integrated defense systems and autonomous robotic platforms across air, land, sea, and space domains, including unmanned aircraft, loitering munitions, counter-UAS systems, directed energy, electronic warfare, and AI/autonomy software.

AI & Machine LearningDefense TechRobotics

Accelogic, LLCaccelogic.comApr 2016 · $1.1M
Accreteaccrete.aiAug 2023 · $149.2K

Accrete builds AI systems for enterprise and government/defense work, offering two products: Kepler, which turns an organization's knowledge into expert workflows completed in the company's context with human oversight, and Argus, which provides source-backed intelligence for operators working across complex mission data.

AI & Machine LearningDefense TechEnterprise SoftwareNew York, US

Prashant Bhuyan(Executive Officer, Director)Mayank Patel(Executive Officer, Director)

BoardRobert J. Hugin(Director)Ken Fried(Director)Samuel A. Cole(Director)

ACCURATE AUTOMATION CORPORATIONaccurate-automation.comFeb 2009 · $5M
ACELLENT TECHNOLOGIES INCacellent.comin𝕏Dec 2003 · $4.7M

Acellent Technologies develops Structural Health Monitoring (SHM) systems combining proprietary SMART Layer sensors, data-acquisition hardware, and diagnostic software with algorithms that detect damage, assess severity, and predict remaining usable life of structures.

Deep TechHardwareIoT

ACENTECH INCORPORATEDacentech.comin𝕏Dec 2004 · $950K

Acentech is an employee-owned consulting firm of acousticians, engineers, and technical specialists providing acoustics, audiovisual, telecommunications, security, and vibration control consulting.

Construction TechEnterprise SoftwareHardware

ACREE TECHNOLOGIES INCORPORATEDacreetech.cominAug 2006 · $4.1M

Acree provides custom thin-film PVD (Physical Vapor Deposition) and PECVD coating services, developing and depositing coatings such as biomedical, wear-resistant, corrosion-resistant, DLC, and transparent conductive oxide films.

Advanced ManufacturingDeep TechNew Materials

ACTA, LLCactainc.cominSep 2004 · $1.6M

ARCTOS delivers R&D, advanced manufacturing, aerospace safety and risk analysis, and technology development across domains including materials, propulsion, sensors, electronics, and space systems.

Deep TechDefense TechSpace Tech

Active Signal Technologies, Inc.activesignaltech.comMar 2009 · $1.9M
Active Spectrum, Inc.activespectrum.comJan 2008 · $840.5K

A content website publishing blog articles on health and wellness topics such as fitness, mental health, home care, and chiropractic treatment.

Media & EntertainmentWellness & Fitness

ACTOPROBE LLCactoprobe.comAug 2013 · $1.1M
Actuateactuate.aiin𝕏Oct 2021 · $1.6M

Actuate provides AI video analytics that integrate with existing camera systems and video monitoring software to detect threats such as guns, intruders, crowds, unauthorized access, and fire while reducing false alarms.

AI & Machine LearningCloud ComputingCybersecurity

Sonny Tai(Founder)

Co-investorsBling CapitalDorm RoomGray Line PartnersMetaPropMetaProp VenturesScribble Ventures+4 more

ACTUATED MEDICAL, INC.actuatedmedical.comin𝕏Feb 2021 · $166.5K

Actuated Medical develops NeuralGlider, a precision brain access platform that uses electronically controlled ultrasonic motion to maintain trajectory during insertion through brain tissue and improve delivery of brain-directed therapies such as gene therapies to deep brain targets.

BiotechDeep TechHealthtechMedical DevicesBellefonte, US

Paul Frankhouser(Director)Robert Emert(Director)Maureen Mulvihill(Executive Officer, Director)

ADA TECHNOLOGIES, INC.adatech.comNov 2003 · $9.1M

ADA Technologies is a Colorado-based manufacturing company with an R&D division that develops, manufactures, and delivers customized products for advanced market customers.

Advanced ManufacturingDeep TechHardware

ADAPTIVE COMPUTATION LLCadaptivecomputation.comSep 2015 · $562.7K

Adaptive Computation (ADC) develops machine perception and cognition technology using a biomimetic design based on the mammalian extended visual pathway, combining unsupervised and supervised learning.

AI & Machine LearningDeep TechSemiconductors

ADAPTIVE DYNAMICS, INC.adaptive-dynamics.comAug 2013 · $1.2M

Adaptive Dynamics Inc.

Deep TechDefense TechHardware

ADAPTIVE ENERGY LLCadaptiveenergyllc.comin𝕏May 2019 · $2.8M

Adaptive Energy builds propane-powered and solid oxide fuel cell (SOFC) energy systems for backup and off-grid power in harsh, remote conditions.

CleantechEnergyHardware

ADC Acquisition Co. dba Automated Dynamicsautomateddynamics.comOct 2009 · $2.1M
ADELPHI TECHNOLOGY INCadelphitech.comDec 2005 · $950K

Adelphi Technology manufactures neutron generator products, including deuterium-tritium, deuterium-deuterium, and thermal (moderated) neutron sources with yields ranging from 10^7 to over 10^10 neutrons per second.

Advanced ManufacturingDeep TechHardware

Adherent Technologies, Inc.adherent-tech.comDec 2003 · $140K

Adherent Technologies develops advanced materials technologies and production processes, including carbon fiber finishes, composite repair primers, nanomaterial surface treatments, powder towpregs, composite recycling methods, and specialty foams.

Deep TechDefense TechNew Materials

Adranosadranos.comNov 2019 · $110.3K

Mchenry, US

Archibald Cox(Director)Ganson Evans(Director)Brandon C. Terry(Executive Officer, Director)Christopher D. Stoker(Executive Officer, Director)

Co-investorsSica VenturesExplorer 1 Fund

ADROIT MATERIALS, INC.adroitmaterials.comNov 2012 · $5.7M
ADVALUE PHOTONICS INCadvaluephotonics.cominNov 2007 · $1.4M

AdValue Photonics designs and manufactures fiber lasers, fiber amplifiers, broadband fiber sources, and fiber-based components across the 515 nm, 1 µm, 1.55 µm, and 2 µm wavelength ranges.

Advanced ManufacturingDeep TechHardware

ADVANCED BRAIN MONITORING, INC.b-alert.comApr 2010 · $1.9M
ADVANCED CERAMICS MANUFACTURING, LLCacmtucson.comOct 2008 · $70K

Advanced Ceramics Manufacturing produces water soluble mandrels, tooling, composite parts, and ceramic components for aerospace, defense, racing, research, and university applications.

Advanced ManufacturingDefense TechNew MaterialsTucson, US

ADVANCED COOLING TECHNOLOGIES INC1-act.comin𝕏Jan 2004 · $4.3M

Advanced Cooling Technologies (ACT) develops, engineers, and manufactures thermal management products and provides related services including product development, manufacturing, and post-delivery support such as spare parts, repairs, and field servicing.

Advanced ManufacturingDeep TechHardware

ADVANCED CYTOMETRY INSTRUMENTATION SYSTEMS LLCacis-us.com
Advanced Engines Development Corporationadvanced-engines-corp.comDec 2005 · $3.1M
ADVANCED FUEL RESEARCH, INC.afrinc.comAug 2017 · $3.8M
ADVANCED MATERIALS & DEVICESamadinc.cominMay 2013 · $93.2K

AMAD develops blast-sensing technology, including the OmniBlast product line and a wearable multi-directional blast sensor, along with tools such as air Schlieren imaging for capturing blast wave arrival.

Deep TechDefense TechHardware

Advanced Optical Systems, Incaos-inc.comNov 2005 · $4.3M
ADVANCED OPTICAL TECHNOLOGIES INCadvanced-optical.cominJun 2011 · $1.7M

Advanced Optical Technologies (AOT) provides material characterization services and sensor technologies, including crystallographic non-destructive testing, orientation imaging, grain-boundary and microtexture analysis, and quality control.

Deep TechHardwareNew Materials

ADVANCED RESEARCH CORPORATIONarcnano.comSep 2010 · $797.2K

Arc Nano provides technology and manufacturing solutions for high-tech industries, including semiconductor, aerospace, and scientific instruments.

Advanced ManufacturingDeep TechSemiconductors

ADVANCED ROTORCRAFT TECHNOLOGY, INC.flightlab.comDec 2004 · $17.7M
ADVANCED SCIENCE AND AUTOMATION CORPascience.comDec 2004 · $2.3M

Ascience provides multi-body dynamics simulation services and physics-based modeling, including testing autonomy stacks for autonomous vehicles using 3D terramechanics to predict vehicle mobility on complex terrain.

Deep TechMobility & TransportationRobotics

ADVANCED SCIENTIFIC CONCEPTS, LLCasc3d.cominNov 2003 · $5M

ASC develops global shutter flash LIDAR (gsf-LIDAR), a solid-state, non-scanning time-of-flight 3D imaging and ranging camera that produces distortion-free point clouds for optical navigation, mapping, and situational awareness.

AI & Machine LearningDeep TechHardware

ADVANCED SYSTEMS & TECHNOLOGIES INCasatechinc.comMay 2010 · $4M
ADVANCED TECHNOLOGIES GROUP, INC.atgi.usin𝕏Dec 2004 · $2.3M

ATGI develops turbomachinery and sensor technologies for defense and commercial aerospace markets, including high-power ram air turbines, non-contacting seals, airborne pod systems, and optical sensors for cryogenic propellants and fuel tanks.

Deep TechDefense TechHardware

ADVATECH PACIFIC, INC.advatechpacific.comOct 2008 · $1.8M

Advatech Pacific provides engineering services including engineering analysis, mechanical design, and manufacturing support.

Advanced ManufacturingEnterprise SoftwareHardware

ADVENTIUM ENTERPRISES, LLCadventiumlabs.comJun 2014 · $2.4M

Adventium Labs offers the CAMET Library, a subscription-based collection of model-based engineering and analysis tools that help system engineers and architects detect flaws in complex cyber-physical systems during the requirements and design phases.

Deep TechDefense TechDeveloper Tools

ADVR, INC.advr-inc.comNov 2010 · $861.4K
AEGIS POWER SYSTEMS INCaegispower.cominJul 2021 · $2.1M

Aegis Power Systems designs and manufactures custom and rugged power supply systems for industrial, commercial, and military applications, including defense and emerging technology sectors.

Defense TechEnergyHardwareMurphy, US

AEGIS TECHNOLOGY, INC.aegistech.netNov 2005 · $6.2M

Aegis Technology Inc. conducts research, engineering, and manufacturing of high-technology materials, components, and systems, including joining technology, nanotechnology composites, thermal management, and power modules.

Advanced ManufacturingDeep TechNew Materials

Aegistgaegistg.comin𝕏Jan 2006 · $5.9M

AV delivers integrated defense systems and autonomous platforms for military and allied operators across air, land, and sea domains.

AI & Machine LearningDefense TechRobotics

Co-investorsArlington Capital Partners

AEROCHARGE INC.aerocharge.coinAug 2023 · $149.8K

AeroCharge develops long-range wireless power technology, including its AeroOne product, for smart home devices, sensors, and other electronics.

Deep TechEnergyHardware

AERODYNE RESEARCH INCaerodyne.comAug 2005 · $6.9M

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

Climate TechDeep TechHardware

AeroMancer Technologies Corporationaeromancertech.comFeb 2017 · $1.1M
Aeronix, Inc.aeronix.comin

Aeronix designs C6ISR technologies including secure communications, software-defined radios, custom cryptography, tactical data links (IDM/VMF), rugged Ethernet switches, and RF signals intelligence products.

CybersecurityDefense TechHardwareMelbourne, US

Mark Tucker(Chief Scientist)

AEROPROBE CORPORATIONaeroprobe.cominJun 2012 · $912.2K

Aeroprobe produces air data and flow measurement systems, including multi-hole probes, pitot-static probes, micro air data computers, and analysis software, for the aerospace, automotive, turbomachinery, and energy industries.

Nanci Hardwick(CEO)

Browse all 1,444 investments with full details →

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INCESPIN TECHNOLOGIES, INC.ETEGENT TECHNOLOGIES, LTD.EULER SCIENTIFICEureka AerospaceEveractiveEVIGIA SYSTEMS LLCEvogen, Inc.EVREN TECHNOLOGIES, INC.EWA GOVERNMENT SYSTEMS, INC.Exergy Engineering LLCExOne Company, TheExonicus, Inc.Expedition TechnologyEXQUADRUM INCFABMETRIX INCFAIRMOUNT TECHNOLOGIES LLCFAIRWINDS TECHNOLOGIES LLCFaraday Technology, Inc.FARUS, LLCFAST FIT TECHNOLOGIES LLCFASTVDO LLCFBS INCFC RENEW, LLCFederal-Fabrics-Fibers, Inc.FffibersFIBERTEK, INC.Fibralign CorporationFILTRATION SOLUTIONS, INC.FIRST RF CORPORATIONFive Stones Research CorporationFlex Force Enterprises Inc.FLIPPER INCFLORA MATERIALS LLCFlorida Turbine Technologies Inc.FLUID RIDE LTDFluxworksForterraFORWARD PHOTONICS LLCFoVI 3D, Inc.FREEDOM PHOTONICS LLCFREENT TECHNOLOGIES, INC.FRIEDMAN RESEARCH CORPFRONTIER TECHNOLOGY INC.FTL LABS CORPFuelxG. 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