TUCSON (KVOA) – – Paramium Technologies, a UACI (University of Arizona Center for Innovation) startup, was honoured a Small Science Innovation Research (SBIR) from the National Science Foundation (NSF) grant to the $ 256,000 Carry out research and development (R&D) Efficient manufacturing processes for radio antenna reflectors, the company announced in a press release on Tuesday.
Paramium’s “revolutionary” technology is set to improve a wide range of industries, particularly the world’s ability to use the Internet, which is fast becoming a vital utility for humans. The demand for satellite ground stations in the communications, astronomy, and architecture fields is expected to increase as developing countries rapidly go online.
Paramium said its “innovative” manufacturing solution is unlocking rapid prototyping capabilities for antenna designers because it is faster and more versatile than traditional methods. The underlying technology was developed by researchers and faculties hailing from the University of Arizona through the College of Engineering, College of Science, and College of Optical Sciences, and is licensed through Tech Launch Arizona (TLA).
“NSF is proud to support the technology of the future by thinking beyond incremental developments and funding the most creative and impactful ideas in all markets and areas of science and technology,” said Andrea Belz, director of the division for industrial innovation and partnerships NSF. “With the support of our research funds, every technology start-up or small business can lead basic research to meaningful solutions that meet the enormous requirements.”
“Paramium is a people first company. People are at the center of innovation and Paramium values the unique minds of our workforce, ”said Roslyn Norman, Principal Investigator. “With federal and state support, we plan to commercialize our patented technology, grow our business, and add more jobs to the Tucson community.”
With the award of Phase I SBIR funding to Paramium, the technology can move to the next level and place the company in a prominent place to secure the next round of funding with a Phase II SBIR grant.
Paramium said it is rapidly developing its patented electromagnetic deep drawing technology with community support and resources in addition to the NSF grant. After developing the invention, the founders worked with Tech Launch Arizona to license the technology. To aid in the creation of this company, Paramium won the UACI sponsored start-up powered by the R&A CPA competition and access to UACI’s incubator program with resources, facilities, services and expert guidance to grow its business made possible.
About the National Science Foundation’s Small Business Programs: America’s Seed Fund, operated by NSF, awards $ 200 million annually to startups and small businesses, turning scientific discoveries into products and services with commercial and societal implications. Startups involved in nearly every field of science and technology can receive up to $ 2 million to support research and development (R&D) and help reduce risk technology for business success. America’s Seed Fund is mandated by Congress as part of the Small Business Innovation Research (SBIR) program. The NSF is an independent federal agency with a budget of approximately $ 8.5 billion that supports basic research and education in all areas of science and technology.
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