This contract was awarded by the Department of the Navy, Office of Naval Research, to Optimization Technologies, Inc., a Colorado-based small business, to conduct research and development under the SBIR Program Phase II. The 2-year, $1,499,999.00 cost-plus-fixed-fee contract is for R&D work focused on modeling, simulation, and optimization, with a completion date of February 6, 2023.
Optimization Technologies specializes in AI-based optimization software and services. Past SBIR awards have funded the company's R&D for the Missile Defense Agency, Navy, and Air Force, encompassing capabilities like scenario planning, operational defense assessments, and space system modeling tools. The company has also provided technical services to Naval Sea Systems Command and Air Force Space Command. In addition to direct federal contracts, Optimization Technologies has served as a subcontractor supporting prime contracts with Leidos, Perduco Group, and General Dynamics Information Technology. This latest award is designated as a small business set-aside.
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