MemComputing Awarded Two New AFWERX Phase II SBIR Contracts
MemComputing, Inc., developer of disruptive high-performance computing technology, has been awarded two new AFWERX Small Business Innovation Research (SBIR) Phase II contracts based on successfully completing two earlier Phase I awards.
MemComputing is working with both the Air Force and the Space Force on High Performance Computing (HPC) applications that are critical for advancing next generation satellite and national security capabilities.
“What we appreciate about the DAF is that they talk the talk and walk the walk when it comes to supporting innovation from small companies. We are proud of the team and honored that these newest awards stem from successfully completing related Phase I awards,” said John Beane, CEO of MemComputing.
MemComputing has been awarded a total of 7 SBIRs since 2020. MemComputing’s enjoys a strong and growing relationship with the DoD. The work performed for the DoD is also directly applicable to commercial markets. We will shortly be releasing unclassified case studies of previous DoD work to go along with the commercial case studies already available on https://www.memcpu.com/case-studies/.
About MemComputing, Inc.
MemComputing is a deep tech company whose novel computing architecture solves some of the world’s most complex problems in optimization, big data analytics, and AI. Using a physics-based approach, our proprietary circuit design leverages computational memory to solve applications in Oil & Gas, Transportation Logistics, Aerospace, and the DoD. Our technology is available today through our cloud-based Virtual MemComputing Machine (VMM), and will soon be rolling out hardware solutions.
About AFRL
The Air Force Research Laboratory (AFRL) is the primary scientific research and development center for the Department of the Air Force. AFRL plays an integral role in leading the discovery, development, and integration of affordable warfighting technologies for our air, space, and cyberspace force. With a workforce of more than 11,000 across nine technology areas and 40 other operations across the globe, AFRL provides a diverse portfolio of science and technology ranging from fundamental to advanced research and technology development. For more information, visit: www.afresearchlab.com.
About AFWERX
AFWERX, a program office at the Air Force Research Laboratory (AFRL), connects innovators across government, industry and academia. Through innovation and collaboration with our nation’s top subject-matter experts and harnessing the power of ingenuity of internal talent, by expanding technology, talent, and transition partnerships for rapid and affordable commercial and military capability.
Additional information is available at: https://www.afwerx.com/.
About AFVentures
AFVentures invests in emerging technologies to scale Department of the Air Force capabilities, strengthening the US industrial base that empowers Airmen and Guardians by incentivizing private, for-profit investment in national security interests. Our success is achieved by connecting novel commercial solutions with defense problem sets, de-risking Airmen and Guardian initiatives to fill capability gaps and transition technologies. Learn more at https://afwerx.com/afventures-overview/.
Press contact:
Johnny Aiken
MemComputing, Inc.