Phase 1 award

Ended Definitive Contract Awarded Last action

Contract number
W5170125C0003
Awardee
Awarding agency
Obligated
$249,995

Award facts

Contract value 100% obligated
$249,994.80 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
541715 Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
PSC
AC12 National Defense R&D Services; Department Of Defense - Military; Applied Research
Set-aside
Total Small Business
Competition
Full and Open Competition after exclusion of sources · 137 offers Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Hillsborough, CA 94010, USA
Research
SBIR Program Phase I Action
Legislative mandates

Award details come from SAM.gov/FPDS.

About this award

Farad Power Inc., a minority-owned small business based in Hillsborough, California, has been awarded a $249,994.80 Phase I contract under the Small Business Innovation Research (SBIR) program by the Department of the Army. The award, made on October 30, 2024, is designated as a total small business set-aside and carries a firm fixed-price structure with an ultimate completion date of April 30, 2025. This Phase I feasibility study represents part of the Army's investment in advanced energy storage and battery technologies for defense applications, leveraging the SBIR program to support innovative solutions from small businesses in the defense industrial base.

Farad Power's selection for this award reflects the company's established expertise in specialized battery development for military applications. The company has demonstrated a strong track record in securing federal research and development contracts, including prior SBIR and Small Business Technology Transfer (STTR) awards totaling approximately $3.66 million from multiple Department of Defense agencies such as the Office of Naval Research and Air Force Research Laboratory. These previous efforts have focused on technologies including sodium-ion battery development, pre-sodiated hard carbon anode materials, and high-energy battery systems for aviation and defense purposes, positioning Farad Power as a capable innovator in next-generation energy storage solutions critical to military operational capabilities.

Quick answers

Who was awarded contract W5170125C0003?

W5170125C0003 was awarded to Farad Power Inc. by Department of the Army (Department of Defense) on October 30, 2024.

How much is contract W5170125C0003 worth?

The government has obligated $249,995 on W5170125C0003.

Was contract W5170125C0003 competed?

The extent of competition for W5170125C0003 was full and open competition after exclusion of sources. The government received 137 offers. It was set aside: Total Small Business.

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