NetRise secures AFWERX STTR Phase I contract
On January 11, Austin, TX-based NetRise, a company providing granular visibility into the world’s Extended Internet of Things (XIoT) security problem — encompassing the modern firmware and software component security challenges of IT, OT, IoT, and other connected cyber-physical systems — today announced it has been selected by AFWERX for an STTR Phase I contract focused on identifying and managing the risk in firmware and software of connected devices to address the most pressing challenges 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 faster proposal to award timelines, changing the pool of potential applicants by expanding opportunities to small business and eliminating 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 December 2023, NetRise will start its journey to create and provide innovative capabilities that will strengthen the national defense of the United States of America.
“We are honored to be selected as an AFWERX partner and are committed to our collaboration as we develop transformative technologies that can address the risks of connected devices,” said Thomas Pace, CEO of NetRise. “We understand the government’s critical need for proven solutions to discover and assess firmware and software components within each device, and identify vulnerabilities at the most granular levels. We look forward to working with the Air Force Research Laboratory and other key stakeholders to provide best-in-class solutions that will enable them to understand the makeup and risk of devices that are essential to securing their operations and our country’s defense.”
Source: NetRise
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