This is a $1,699,970.00 Cost Plus Fixed Fee contract awarded by the Naval Sea Systems Command (NAVSEA) to Faraday Technology, Inc., a subsidiary of Physical Sciences Inc. The contract is for a Small Business Innovation Research (SBIR) Phase II project. Faraday Technology specializes in electrochemical engineering and provides research, development, and testing services to various government agencies. The contract has a total small business set-aside designation, indicating it was reserved for award to a small business. The work will be performed in Clayton, Ohio and is scheduled to be completed by April 24, 2026. This SBIR contract aligns with NAVSEA's priorities and allows the agency to leverage Faraday Technology's expertise in areas such as advanced materials, energy technologies, and environmental remediation to develop innovative solutions.
Generated 12/23/24, 2:38 PM