PALO ALTO, Calif., Oct. 31, 2022 /PRNewswire/ — ThroughPut Inc., the Industrial AI Supply Chain pioneer, announces it has been selected by AFWERX for a SBIR/STTR Phase II in the amount of $749,971.00 focused on end-to-end supply chain optimization to investigate its potential to fill capability gaps in the Department of the Air Force (DAF). The Air Force Research Laboratory and AFWERX have partnered to streamline the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) process by accelerating the small business experience through a faster proposal to award timelines, changing the pool of potential applicants by expanding opportunities to small business and losing bureaucratic overhead by continually implementing process improvement changes in contract execution. The DAF began offering ‘The Open Topic’ SBIR/STTR program in 2018 which expanded the range of innovations the DAF funded and now on 15 July 2022, ThroughPut Inc started its journey to create and provide innovative capabilities that will strengthen the national defense of the United States of America.
The Air Force Research Laboratory (AFRL) is the primary scientific research and development center for the Department of the Air Force. AFRL plays an integral role in leading the discovery, development, and integration of affordable warfighting technologies for our air, space, and cyberspace force. With a workforce of more than 11,000 across nine technology areas and 40 other operations across the globe, AFRL provides a diverse portfolio of science and technology ranging from fundamental to advanced research and technology development. For more information, visit: www.afresearchlab.com.
AFWERX, a program office at the Air Force Research Laboratory (AFRL), connects innovators across government, industry and academia. Through innovation and collaboration with our nation’s top subject-matter experts and harnessing the power of ingenuity of internal talent, by expanding technology, talent, and transition partnerships for rapid and affordable commercial and military capability.
Additional information is available at: https://www.afwerx.com/.
AFVentures invests in emerging technologies to scale Department of the Air Force capabilities, strengthening the US industrial base that empowers Airmen and Guardians by incentivizing private, for-profit investment in national security interests. Our success is achieved by connecting novel commercial solutions with defense problem sets, de-risking Airmen and Guardian initiatives to fill capability gaps and transition technologies. Learn more at https://afwerx.com/afventures-overview/.
About ThroughPut Inc
ThroughPut.ai is a Silicon Valley-based supply chain optimization & predictive replenishment company. The company’s software AI platform has the ability to identify location-, product-, and customer-based demand changes sooner in order to adjust order frequencies, vendor sources, and parts buffer levels at a global and local scale. ThroughPut’s platform was designed by Fortune 500 & technology executives with real-world experience managing demand & supply chain disruptions and war-zone logistics across the Middle East.
To learn more about ThroughPut Inc, visit www.throughput.ai
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SOURCE ThroughPut Inc.