Ouraring Inc.

Ouraring Inc., a Finnish health technology manufacturer headquartered in San Francisco, supplies wearable biosensor devices (OURA Ring smart rings) and related software subscriptions to the Department of Defense, civilian federal agencies, and research entities as a prime contractor (84% of recent awards), with no SBA set-aside designations across the bulk of its portfolio. Ouraring competes predominantly in full-and-open federal acquisition, though two awards carry Total Small Business set-aside designations.

Ouraring manufactures the OURA Ring—a wearable device that tracks sleep patterns, physical activity, heart rate variability, and physiological indicators—and sells OURA Gen3 Heritage and Gen4 models with Military Core software providing lifetime data access to defense personnel. The company holds a $500,000 Federal Supply Schedule contract (47QSMS24D002R) awarded January 31, 2024, running through January 2029, with unit pricing ranging from $271 to $372 per device. Representative recent prime work includes a $63 million definitive contract with the Defense Health Agency for wellbeing program support services through September 2029, a $248.8 thousand delivery order from Army Pacific Command for the 2nd Infantry Division's Holistic Health and Fitness program (October 2025), a $74.9 thousand Navy Bureau of Medicine and Surgery order for OURA Ring 4 devices (September 2025), a $52.4 thousand Bureau of Medicine and Surgery delivery order for OURA Rings (April 2026), and a $277.5 thousand Special Operations Command purchase order for 790 OURA Ring Gen3 Core Bundles with Teams platform subscriptions (September 2023, Total Small Business set-aside).

Customer concentration sits heavily with the Department of the Navy Bureau of Medicine and Surgery (23 awards, $1.8 million combined potential value), which accounts for 63% of documented award count across Ouraring's top five customers. The Air Force Electronic Systems Center and Research Laboratory rank second and third by volume (4 awards each, $2.3 million and $1 million respectively), followed by the Special Operations Command (3 awards, $358 thousand). The top five agencies represent 63% of documented awards but only 9% of combined potential value—a signal that Ouraring's largest individual contracts sit outside the visible top-customer slice. The $63 million Defense Health Agency definitive contract anchors Ouraring's dollar footprint and does not appear in the count-based ranking.

Ouraring places 12 task orders under the GSA Multiple Award Schedule ($838 thousand combined potential value), where the company competes alongside other federal wearable-device suppliers. Activity expanded sharply in 2024 (25 awards) from 3 in 2022 and 7 in 2023, though 2025 and 2026 show moderation (8 and 3 awards respectively). Combined potential value across all 57 awards reaches $70.4 million; combined obligated dollars stand at $9.2 million (13% obligated), indicating substantial option value and future ordering exposure. Within the next 24 months, only one award completion is identified ($19 thousand potential value), positioning Ouraring with minimal near-term recompete cliff risk.

Ouraring sustains active subcontracting relationships with Leidos (nine sub-awards for Naval Health Research Center research services spanning September 2021 through March 2025), BAE Systems Space & Mission Systems (two sub-awards for Air Force cognitive health and fatigue research programs), and Atlantic Diving Supply (one sub-award for OURA Ring procurement). These subs indicate Ouraring's role as a component supplier within larger defense research and operations-support contracts rather than as a systems integrator.

The company's corporate structure includes a subsidiary, Sparta Software Corp, which does not carry visible federal award records in the source data. Ouraring's category concentration clusters in Sporting and Athletic Goods Manufacturing (22 awards) and Other Measuring and Controlling Device Manufacturing (14 awards), with secondary concentration in R&D in Physical and Engineering Sciences (13 awards), reflecting the device's dual role as both health-monitoring equipment and research-support technology across defense health and performance optimization programs.