Embedded entrepreneur initiative (EEI) + MVP option

Active Definitive Contract Awarded Last action

Contract number
HR001126CE026
Awardee
Awarding agency
Obligated
$349,855

Award facts

Opportunity
Contract value 15% obligated
  • $349,854.75 Current, with exercised options
  • $2,346,708.00 Potential, with all options
Completion date 25% complete
  • Current, with exercised options
  • Potential, with all options
Contracting staff
Set-aside
No set-aside
Competition
Competed under SAP · 17 offers Simplified Acquisition
Pricing
Firm Fixed Price
Place of performance
El Segundo, CA, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00002 $0
Other Administrative Action P00001 $0
Original award $349,855

About this award

The Defense Advanced Research Projects Agency awarded a $2.35 million definitive contract to Viridian Space Corp, a small business, for the Embedded Entrepreneur Initiative on January 28, 2026, with an ultimate completion date of January 27, 2029.

Viridian is developing air-breathing electric propulsion systems for ultra-low Earth orbit satellites. The solicitation, issued under DARPA's Commercial Solutions Opening, seeks proposals to transition and commercialize innovative technologies derived from prior DARPA R&D programs into practical military and civilian capabilities. The EEI program specifically provides funding for organizations to hire external entrepreneurs to support commercialization efforts. Eligible organizations must possess technology derived from DARPA R&D efforts as direct contractors or through acquired technology rights. Proposals are evaluated on potential contribution to DARPA's mission, commercialization readiness, and fair and reasonable pricing. The award carries a minimum viable product option extending performance through the contract ceiling.

Place of performance is El Segundo, California. The contract employs firm fixed-price pricing. Viridian operates exclusively as a prime contractor on defense and civilian R&D efforts, with no subcontractors named. The company's portfolio centers on air-breathing electric propulsion technology enabling satellites to refuel from the atmosphere at altitudes between 200 and 300 kilometers, extending mission life and improving Earth observation and communications quality. Viridian's recent work includes system maturation, thruster design and optimization, materials validation, and lifetime analysis. The firm's customer base includes the Air Force Research Laboratory, the National Science Foundation, and NASA, with acute concentration in AFRL, accounting for six awards totaling $3.3 million combined potential value.

Quick answers

Who was awarded contract HR001126CE026?

HR001126CE026 was awarded to Viridian Space Corp by Defense Advanced Research Projects Agency (Department of Defense) on January 28, 2026.

How much is contract HR001126CE026 worth?

The government has obligated $349,855 on HR001126CE026. Its potential value, with all options, is $2,346,708.

Was contract HR001126CE026 competed?

The extent of competition for HR001126CE026 was competed under sap. The government received 17 offers.

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