MatrixSpace Awarded $1.25M AFWERX Open Topic SBIR Contract to Develop Low SWAP-C Multi-function Payload [Yahoo! Finance]
CoreCard Corporation (CCRD)
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Source: Yahoo! Finance
BURLINGTON, Mass. June 19, 2024 /PRNewswire/ -- MatrixSpace has been selected by AFWERX for a $1.25M Direct-to-Phase II SBIR to develop a prototype low SWaP-C multi-function, multi-band antenna payload, based on the MatrixSpace Radar hardware platform. Created to satisfy requirements for the Replicator initiative and address the most pressing challenges in the Department of the Air Force (DAF) , the project is part of a new initiative to develop and test low SWAP payloads based on existing MatrixSpace technology for uncrewed aerial systems (UAS). The project initially runs for 21 months, starting immediately. Designed and developed in the USA , MatrixSpace Radar offers robust situational awareness of both airborne and ground-based objects, regardless of lighting and weather conditions. This facilitates highly accurate drone detection and Counter Unmanned Aircraft System (CUAS) capabilities, Beyond Visual Line of Sight (BVLOS) flight for uncrewed, autonomous and tethered aircraft,
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CCRD
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- 5/2/24 - Beat
CCRD
Sec Filings
- 6/20/24 - Form 4
- 6/3/24 - Form 4
- 6/3/24 - Form 4
- CCRD's page on the SEC website