New Phase II SBIR / Sequester has no affect on NOHMs Federal Projects
The 2013 budget cuts have had no ill effects on NOHMs federally sponsored projects or defense customer deliverables. In April, the company was awarded an NSF Phase II project to scale a novel lithium sulfur battery materials manufacturing process by 20x. NOHMs materials have the potential to increase the reliability of advanced batteries for military radios, cell phones, and electric vehicles.
From the NSF SBIR website: “NSF SBIR/STTR programs incentivize and enable startups and small business to undertake R&D with high technical risk and high commercial reward. There must be significant market opportunity and transformational technology with significant societal or commercial impact.” NOHMs NSF Phase II award is $500K over 2 years, with more than $500K in additional supplemental grants available to support joint research and product development projects with potential customers.