The U.S. Department of Energy Solar Energy Technologies Office awarded 16 small solar companies $200,000 each through the Small Business Innovation Research and Small Business Technology Transfer (SBIR/STTR) 2022 Phase I Release 2 funding opportunity.
NASA Invests $105 Million in US Small Business Technology Development
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WASHINGTON, May 13, 2021 /PRNewswire/ NASA has a long history of supporting America s entrepreneurs as they develop technologies from ideas to commercial readiness. The agency s Small Business Innovation Research (SBIR) program is furthering that legacy with 140 new Phase II awards to 127 U.S. small businesses that will help them move their innovations to market.
The awards to these small businesses, located across 34 states and Washington, D.C., total $105 million. NASA s small business program is dedicated to finding the most useful technologies for the agency and the commercial marketplace, and sourcing those innovations from a diverse group of entrepreneurs with different backgrounds and perspectives. The companies chosen for Phase II funding include 33 women-owned, minority-owned, and veteran-owned small businesses.
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The software as a medical device market is expected to reach USD 86,451.62 million by 2027 from US$ 18,488.00 Mn in 2019; it is estimated to grow at a CAGR of 21.9% during 2020–2027.
Software as a medical device is defined as a software solution used for one or more medical purposes without the software actually being a part of any medical hardware. These solutions can be used across a large range of technology platforms, including medical device, commercial “off-the-shelf” platforms, virtual networks, and others. The unique features of these devices that help them act more than a traditional medical device helps to promote innovation in digital healthcare and protect patient safety. The growth of the market is attributed to the increasing adoption of Internet of Things (IoT) and connected devices in healthcare sector, and advantages of software as a medical device, among others. However, the threat of data breach obstructs the growth of the market