Week of April 25, 2023
Welcome to the Critical Technologies Market Insider! In this issue, we have brought for you carefully curated content, data, and insights on:
- News stories selected by our expert team on the critical tech market
- The Critical Technologies market overview
- Underserved companies and ecosystem members for critical tech
__________________________________________________________________________
Tech Market Insights and Analysis
How do you define “Critical Technology Markets”?
Despite billions being invested in critical technologies through the CHIPS Act, Inflation Reduction Act, Department of Defense critical tech investments, National Science Foundation grants, and more, there is no consistent definition of what critical technologies entail. Using PSF’s AI-MI (AI for Market Intelligence), we have consolidated various definitions into 13 emerging critical technology areas. The goal is to ensure enhanced market visibility, increased collaboration across the community, and improved engagement between “buyers/sellers”.
Read More…
__________________________________________________________________________
Subscribe to the Critical Tech Market Insider to get important market insights on critical tech markets and to become part of our 20,000+ community!!
__________________________________________________________________________
Which small and underserved companies, labs, and VCs are working in critical tech?
Are you aware of the leading companies in each critical tech category? Which venture capital firms invest in underserved companies? Which R&D labs have ongoing initiatives within each category? After defining critical technologies, we have mapped tens of thousands of labs, university programs, companies, VCs, and more across all tech categories. We present our initial findings, specifically focusing on underserved companies, venture capital firms investing in them, and research institutions and labs.
Read More…
__________________________________________________________________________
Case Study – Mapping Battery Technology Ecosystem, By TRL Levels (Design to Commercialization)
Case Study: Aircraft Batteries Tech and Ecosystem Analysis – To assist a federal government agency with numerous legacy systems needing upgrades to existing aircraft batteries, we employed PSF’s AI-MI and expert team to understand the state of battery technology, map the entire value chain from R&D to commercialization, and identify all R&D and products in the market.
From our analysis, it is evident that Lithium-ion batteries are the focal point, with significant R&D at various TRL/maturity levels. Our AI-driven analysis also revealed that the primary focus of R&D is on enhancing battery safety and energy density.
If you would like to learn more about our data on battery technologies, please send us a note at support@publicspendforum.net
__________________________________________________________________________
Have some burning questions you are trying to answer about a market?
Recognizing our groundbreaking market intelligence data and capabilities, Public Spend Forum received an SBIR Phase III contract that can be accessed by any federal agency.
If you would like to put our comprehensive market, supply chain, demand and tech data on millions of suppliers and tech markets to work for you, please reach out to us at support@publicspendforum.net.
__________________________________________________________________________
Top Stories on Critical Technologies
Reorganizing the DoD to Deter China and Win in Ukraine – A Road Map for Congress
Written by Professor Steve Blank at Stanford, this article focuses on the need for emerging tech through the lens of the Ukraine/Russia war.
Professor Blank emphasizes that the US must adapt to new operational concepts and use commercial technologies to win future wars, according to an article by Defense News. Ukraine’s military is learning and adapting to modern warfare, while China has made a “whole of nation” approach by integrating private capital and commercial technology into its national security needs. The US has been unwilling to adopt new models of systems and operational concepts at the speed of its adversaries.
The Defense Department must create a strategy to embrace private capital and commercial innovation, and a reorganized and refocused department could acquire traditional weapons systems while simultaneously rapidly acquiring, deploying, and integrating commercial technologies. Congress must take action to ensure the US does not suffer a catastrophic failure in a future conflict.
Read More…
__________________________________________________________________________
DOE’s Argonne National Laboratory is leading the way in Quantum Technology Research
Argonne National Laboratory is making significant progress in quantum information science (QIS), which could lead to the development of quantum computers capable of complex calculations and highly secure data transmission networks.
The laboratory’s recent breakthroughs involve small-scale advancements that contribute to the overall goal of utilizing quantum mechanics for computing, communication, and sensing.
Read More…
__________________________________________________________________________
GSA in Agreement with DOD Introducing Environmental Innovators in Federal Marketplace
The US General Services Administration (GSA) has signed a memorandum of understanding (MOU) with the US Department of Defense (DoD) to accelerate bringing sustainable technology into the federal marketplace.
Under the agreement, the GSA will utilize the DoD’s Sustainable Technology Evaluation and Demonstration (STED) Program to streamline the acquisition process and make sustainable technology alternatives more readily available to federal agencies. The STED Program coordinates with military installations to prove the performance of sustainable alternatives that meet or exceed DoD requirements.
Read More…
__________________________________________________________________________
NREL Receives $3.4M Federal Funding to Evaluate Safety of Next-Gen EV Batteries
The National Renewable Energy Laboratory (NREL) has been awarded $3.4 million in federal funding to evaluate the safety of next-generation electric vehicle batteries. NREL researchers will lead a team that will conduct rigorous safety tests on new EV batteries, to de-risk the technology for vehicle electrification across the US.
The research will analyze the next-generation energy storage materials, develop revised testing standards and tools, and deliver an actionable guide for manufacturers to develop safe battery systems, leading to fast-charging, energy-dense, and critical-materials-free battery designs. The project will last two to three years.
Read More…
__________________________________________________________________________
DOD funding for Microelectronics R&D gives Semiconductor Companies an Opportunity
The U.S. Department of Defense (DoD) has committed to investing billions in microelectronics R&D over the next five years. Foundry operators and integrated device manufacturers (IDMs) will need to carefully consider how they can support the DoD in its mission to protect the nation, while also providing products and services to support new investments in manufacturing infrastructure.
The DoD budget for microelectronics devices and supporting infrastructure is set to double to $1.1bn in 2023, up from $531m in 2022, while investments in custom technology for defense applications will also rise.
Read More…
__________________________________________________________________________
HOW CAN WE HELP YOU?
If you would like to put our comprehensive market, supply chain, demand and tech data on millions of suppliers and tech markets to work for you, please reach out to us at support@publicspendforum.net.
We can help you answer questions like:
- What are the emerging technology trends in a specific market? For example, we just analyzed markets such as batteries for aircraft, polymers and elastomers for in-space repair, and mobility solutions.
- Who are the participants in the ecosystem (R&D labs, venture capital, startups, underserved)?
- Who are the small and underserved companies in the market and what track record do they have?
- What are the implications on our program requirements and procurement/acquisition strategy?
As a market leader in providing deep market intelligence, Public Spend Forum was awarded a five-year, $40 million, Indefinite Delivery Indefinite Quantity (IDIQ) contract with the General Services Administration (GSA) to provide AI-enabled market and supply chain intelligence, data analytics, and related services to Federal Agencies. The contract was awarded under Phase III of the Small Business Innovation Research (SBIR) Program.
Subscribe to the Critical Tech Market Insider to get important market insights on critical tech markets and to become part of our 20,000+ community!!
No Comments