Week of May 23, 2023
Welcome back to the Critical Technologies Market Insider! In this issue, you will find:
- How well is the SBIR/STTR Program aligned to American critical technology priorities?
- Analysis, awards, and other stories on green buildings, renewable energy, research by minority-serving institutions, batteries, and more
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Tech Market Insights and Analysis
How well is the SBIR/STTR Program helping attract the right companies?
We put our data, AI and old-fashioned market analysis skills to work to understand how well the SBIR/STTR program, which awarded over $17B over the past 5 years, is aligned to U.S. policy objectives. How much is spent by category, a never before answered question (see figure below)? What types of companies is it attracting? Are there stories of commercializing and scaling?
These are just some of the questions we answered through our analysis. This analysis is part of a series of analyses, starting with the SBIR/STTR program, measuring overall trends and alignment with critical U.S. policy objectives.
Read the full article and analysis here:
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Top News Stories on Critical Technologies
Commerce Department starts process to fund tech hubs across the US with $500 million in grants
The Commerce Department is opening applications for $500 million in grants for cities to become tech hubs, part of a $10 billion initiative to promote investments in AI, quantum computing, and biotech. The goal is to spread tech investment beyond a few major cities to the entire country.
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White House to invest nearly $11 Billion for renewable energy in rural areas
The Biden administration has allocated nearly $11 billion in grants and loans to support rural energy and utility providers in bringing affordable clean energy to their communities. This funding aims to improve the power grid in rural areas and reduce future energy expenses.
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DoD Announces Fiscal Year 2023 Research Awards to Minority-Serving Institutions
The Department of Defense (DoD) has granted $61.7 million to 82 university researchers from Historically Black Colleges and Universities and Minority-Serving Institutions. The funds will support research projects in defense priority areas, including advanced computing, biosciences, quantum sciences, renewable energy, and artificial intelligence.
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NSF invests more than $43 million in NSF Regional Innovation Engines Development Awards
The National Science Foundation (NSF) has awarded the first-ever NSF Engines program to 44 teams consisting of universities, nonprofits, businesses, and other organizations across the U.S. Each team will receive up to $1 million over two years. This program aims to maintain the nation’s competitiveness and drive transformational innovation.
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Energy Department Invests $26 Million to Support Clean Electric Grid
The DOE’s Solar Energy Technologies Office and Wind Energy Technologies Office have allocated $26 million to support projects demonstrating the integration of solar, wind, storage, and other clean energy resources into a modern and resilient grid. The funding will be implemented across 15 sites in 13 states and Puerto Rico, reinforcing efforts to combat climate change and promote clean energy.
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Biden-Harris Administration Announces $50 Million To Boost Clean Energy Solutions and Cut Costs for Rural America
The U.S. Department of Energy’s Office of Clean Energy Demonstrations (OECD) has announced $50 million in grant funding for community-based energy projects in rural and remote areas. The funding aims to address energy challenges, promote climate resilience, and increase affordability in areas with fewer than 10,000 people. This commitment underscores the administration’s dedication to an inclusive clean energy future.
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Johns Hopkins APL Researchers Develop Thermal Battery With Smaller Footprint
Johns Hopkins Applied Physics Laboratory researchers have created a more efficient thermal battery using nickel-aluminum heat pellets. The battery has a smaller footprint but offers higher power density. Collaborating with the U.S. Navy Office of Naval Research, the team reduced the size by 60% compared to typical thermal batteries.
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Biden-Harris Administration Invests $251 Million to Expand Infrastructure to Support CO2 Transport and Storage
The U.S. Department of Energy and National Energy Technology Laboratory have allocated $251 million to support 12 projects across seven states to enhance the country’s carbon management capabilities. The projects, funded by the Bipartisan Infrastructure Law, will focus on expanding carbon dioxide transportation and storage infrastructure to reduce emissions from power generation and industrial operations.
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Opinion: We won’t win the CHIPS race if women and people of color stay on the sidelines
Presidents of Brown University and Olin College of Engineering as well as President-Elect of Dartmouth College coauthor this opinion piece on the importance of participation of women and people of color in the semiconductor industry. Recalling the success of the Rosie the Riveter campaign of the 1940s and the expansion of opportunities for women in the workforce, the authors argue that the participation of women and people of color will be similarly important in order for the United States to tap its full potential in STEM-related sectors receiving funding from the CHIPS Act.
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New Strategy Details Coast Guard Plans to Use Unmanned Systems to Protect Maritime Borders, Enhance Missions
The Coast Guard’s Unmanned Systems Strategic Plan outlines efforts and collaborations to enhance the use of drones in safeguarding maritime borders. Drones can effectively monitor drug and migrant trafficking routes, inspect vessel areas hazardous to human inspectors, and survey seafloors, shipping channels, ports, and waterways for potential threats, among other tasks.
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Industry Snapshot: Green Buildings Technologies
Case Study: As part of our deep tech/market analysis, we worked with Amazon Sustainable Cities initiative to create a segmentation of Green Building Technologies. Leveraging AI-MI(TM) taxonomical algorithms, the end result included a group of 10 major segments depicted above, each with multiple subsegments. If you are interested in learning more about deep tech/market analysis, please email us at support@publicspendforum.net.
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Barriers to Entry and Commercialization in Government Market
Continuing our work of the past 5 years, we are excited to announce that we are expanding our initiative on Barriers to Entry in Government Markets to include barriers to commercialization. We are also excited to expand our collaboration to include faculty from North Carolina State University’s Supply Chain Resource Center, the University of Chicago’s Harris School of Public Policy Center for Impact Sciences, as well as founder Shelly Kapoor Collins and the Shatter Foundation.
Join us on June 7th, 1:00 pm EST, for our 2nd Barriers to Entry and Commercialization Roundtable. You will hear from leaders and experts in the industry on what practical steps can be taken to lower barriers and enabling access/scaling for innovative, small, enable, and underserved businesses.
Sign Up Here…
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WE’RE HERE TO HELP YOU UNDERSTAND COMPLEX MARKETS, QUALIFY SUPPLIERS AND MANAGE SUPPLIER RISK
If you would like to put our comprehensive market, supply chain, demand and tech data on millions of suppliers and tech markets along with our expert advisory services/workshops to work for you, please reach out to us at support@publicspendforum.net.
We can help in three ways:
- AI-Assisted Market and Supplier/Supply Chain Intelligence Reports and Data through our AI-Assisted Market Intelligence (AIMI) offering. We use our comprehensive datasets, AI-MI technology assisted by our SMEs to create a custom market report and datasets that helps you understand market and tech trends, map out the ecosystem of small business, underserved and non-traditional and incumbents; qualify suppliers and assess supplier risk; map the R&D landscape and discover the venture capital and funding network.
- Market and Supply Chain Intelligence Advisory Services – We bring our decades of strategic market intelligence and supply chain expertise along with our powerful datasets and AI to help you develop plans to strengthen your supplier base, map out multi-tier supply chains, qualify and monitor suppliers and understand supply chain risk.
- Market and Supplier Intelligence Training and Workshops – Access the best faculty and practitioners such as Dr. Rob Handfield (NC State) in the world and get your team up to speed by learning the most cutting-edge methods for market and supplier intelligence
The key questions we help you answer:
- 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?
- Where is there risk in our supply chain and how we can best manage it?
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