Altec, Inc.

Altec, Inc., a for-profit Subchapter S corporation headquartered in Natick, Massachusetts, develops wearable sensor technologies, signal processing analytics, and immersive digital health platforms for federal defense, civilian research, and medical applications as a prime contractor (100% of recent awards). The company competes predominantly in full-and-open procurements under SBIR Phase I and Phase II programs and direct federal contracts without set-aside designations.

Altec's capability portfolio centers on kinematic assessment systems, human performance monitoring, virtual and augmented reality rehabilitation platforms, and advanced polygraph modernization. Representative contract work includes a $6 million Army SBIR Phase II award (March 2026) for a diver performance monitoring system with work extending through March 2028; a $7 million Office of the Secretary of Defense Other Transaction Agreement for polygraph modernization (POLY+), executed September 2023 with completion scheduled June 2026; and a $2.9 million Army SBIR Phase II award (September 2023) for the Hybrid Diver Readiness Observation System (HYDROS). Recent federal grant work spans immersive rehabilitation platforms: a $1.7 million SBIR Phase II from the National Institute on Drug Abuse (June 2023) for virtual reality telehealth rehabilitation of rare diseases, a National Institute on Disability Independent Living and Rehabilitation Research grant (June 2023) for augmented reality hand training for stroke survivors, and a National Center for Complementary and Integrative Health grant (September 2022) for whole-body VR yoga therapy for pediatric chronic pain. Altec also holds active NIDA, National Institute of Neurological Disorders and Stroke, National Institute on Deafness and Other Communication Disorders, and National Center for Advancing Translational Sciences grants focused on telehealth signal processing and clinical assessment tools.

Customer concentration splits between defense and health research. The Department of the Army leads by dollar value ($9.1 million across four awards) and the Office of the Secretary of Defense carries a single $7 million award. NIH institutes—particularly the National Institute on Deafness and Other Communication Disorders (6 awards), National Institute of Neurological Disorders and Stroke (3 awards), and National Institute of Child Health and Human Development (3 awards)—dominate by award count but represent smaller individual values. The Navy's Bureau of Medicine and Surgery placed two awards ($584 thousand combined) for kinematic assessment and training work. Across all sources, 12 distinct customer agencies have placed awards.

Altec operates exclusively as a prime contractor and does not subcontract significantly; SCI-reported invoicing covered only 0.9 FTEs in FY2023 and 5.4 FTEs in FY2024 across two reportable service contracts. On those SCI-captured prime contracts, government-paid hourly rates centered around $110/hr (10th to 90th percentile spanning $109–$112/hr). SCI data captures only service contracts above $150,000 and excludes the SBIR awards, OTA work, and goods procurements that dominate the award footprint, making SCI figures a partial view of federal activity.

Activity has moderated in recent years—five awards in 2022 and 2023, one in 2024, two in 2026—and three awards (combined potential value $6.2 million) face ultimate completion within the next twenty-four months, creating recompete opportunity. The company's award footprint clusters in applied research and experimental development across DoD human performance monitoring and HHS health technology platforms, with no stated participation in government-wide IDIQs or GWACs.