Transformative design program - phase II sttr, development and commercialization of permeability engineered soft magnetic nanocomposites for MW-class power dense energy conversion

Ended Definitive Contract Awarded Last action

Contract number
HR001122C0095
Awardee
Awarding agency
Obligated
$997,165

Award facts

Opportunity
Contract value 68% obligated
  • $997,165.00 Current, with exercised options
  • $1,473,478.00 Potential, with all options
Completion date 100% complete
  • Current, with exercised options
  • Potential, with all options
Contracting staff
Set-aside
Total Small Business
Competition
Full and Open Competition after exclusion of sources · 1 offer Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Pittsburgh, PA 15219, USA
Research
STTR Phase II
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00002 · Transformation design program phase II sttr - development and commercialization of permeability engineered soft magnetic nanocomposites for WM-class power dense… $344,155
Other Administrative Action P00001 $0
Original award $653,010

About this award

Corepower Magnetics Inc., a small business manufacturer of advanced magnetic solutions based in Pittsburgh, Pennsylvania, was awarded a $1.47 million Phase II Small Business Technology Transfer (STTR) contract by the Defense Advanced Research Projects Agency (DARPA) on April 12, 2022. The contract, designated as a total small business set-aside with a firm fixed price structure, supports the development and commercialization of permeability-engineered soft magnetic nanocomposites for megawatt-class power-dense energy conversion applications. The work is scheduled for completion by April 11, 2025, and represents Phase II continuation following full funding of Phase I activities under DARPA's Transformative Design Program.

This award reflects DARPA's strategic investment in advanced materials innovation and domestic manufacturing capabilities for next-generation energy conversion technologies. Corepower Magnetics' focus on developing rare earth-free magnetic materials addresses critical national priorities in electrification and energy efficiency while reducing supply chain vulnerabilities. The company's demonstrated expertise through prior DARPA and Air Force Research Laboratory partnerships, combined with substantial complementary Department of Energy grant funding for scaled manufacturing facilities, positions it to advance soft magnetic nanocomposite technology from prototype development through commercial viability for electric vehicle motors, transformers, and grid applications.

Quick answers

Who was awarded contract HR001122C0095?

HR001122C0095 was awarded to Corepower Magnetics Inc. by Defense Advanced Research Projects Agency (Department of Defense) on April 12, 2022.

How much is contract HR001122C0095 worth?

The government has obligated $997,165 on HR001122C0095. Its potential value, with all options, is $1,473,478.

Was contract HR001122C0095 competed?

The extent of competition for HR001122C0095 was full and open competition after exclusion of sources. The government received 1 offer. It was set aside: Total Small Business.

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