Several small businesses in Madison County are among 20 statewide to share more than $3.3 million in SBIR/STTR supplemental grants from Innovate Alabama. The grants will help the companies scale cutting-edge technologies, create jobs, and deepen their roots in Alabama.
The awards – which include 11 companies in Huntsville and Madison – are part of Innovate Alabama’s ongoing mission to support entrepreneurs through strategic funding and foster a thriving innovation ecosystem statewide.
RELATED: Innovate Alabama awards nearly $15 million to 58 organizations statewide, bringing total to 170
The Innovate Alabama Supplemental Grant Program provides non-dilutive funding to companies that have previously received federal SBIR or STTR grants, helping bridge the gap between research and commercialization. With this latest round, Innovate Alabama has now invested more than $17 million across 82 small businesses since the program’s inception.
“By providing follow-on capital through our Supplemental Grant Program, we’re equipping Alabama’s most promising startups with the resources needed to take their innovations to market,” said Cynthia Crutchfield, CEO of Innovate Alabama. “These investments are driving job creation, attracting additional external capital into Alabama, advancing research and technology, and securing Alabama’s place as a competitive hub for innovation.”
The funding enables small businesses to expand operations, hire talent, and continue developing transformative technologies across sectors such as biotechnology, aerospace, energy, advanced manufacturing, and more.
The recipients are:
- Applied Technology Solutions, Huntsville: Specializes in hypersonic technologies, including advanced materials, hypersonic environments, and ground test design.
- Cosmic Shielding Corp., Huntsville: Specializes in providing radiation shielding technologies for commercial and government space systems.
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Eikon Research, Huntsville: Specializes in advanced radar technology, including digital radar design, radar operational software, firmware, modeling & simulation, and UI development.
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Hybird Space Systems, Huntsville: Specializes in developing advanced, affordable rocket propulsion technologies for space exploration, national security, and commercial aerospace applications.
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Hyperion Aerospace, Huntsville: Specializes in developing green thruster technology for spacecraft, missile defense, and satellites.
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KODA Technologies, Huntsville: Specializes in weapon system development – from hands-on engineering to executive leadership. The company solves problems and develops highly technical products for the Department of Defense and NASA.
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Mathinvestments, Huntsville: Specializes in capturing return premiums associated with investing in individual businesses by utilizing proprietary financial models.
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nou Systems, Huntsville: The nou Systems (nSI) mission is to develop products and provide services essential to solving our customers’ most difficult, urgent, and demanding technical problems.
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SSS Optical Technologies, Huntsville: Specializes in optical nanomaterials. SSSOT and Oakwood University develop Polymer Anti-damage Nanocomposite Down-converting Armor (PANDA) coating to replace cover glass.
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Tellus1 Scientific, Huntsville: Specializes in advanced optical sensing and measurement, particularly system engineering, modeling, and analysis of optics and sensors for space telescopes used in astronomy and remote sensing.
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VETS, Madison: Specializes in developing digital threads and digital twins, Nuclear Surety, Cybersecurity, System Safety, Test Engineering, Systems Engineering, Program Management, Training Development, and Product Support.
To learn more about the Innovate Alabama Supplemental Grant Program and other Innovate Alabama initiatives, visit www.innovatealabama.org.
Courtesy of 256 Today
