GridRaster Chosen for Multi-Million Greenback STRATFI Program

July 17, 2024 – GridRaster Inc., a supplier of cloud-based prolonged actuality (XR) platforms that energy augmented, digital and combined actuality (AR/VR/MR) experiences for enterprises, has just lately introduced that it has been chosen by the U.S. Air Drive for its Strategic Financing (STRATFI) program.

STRATFI is open to small companies with an awarded Part II Small Enterprise Innovation Analysis and Small Enterprise Expertise Switch (SBIR/STTR) contract. This system is aimed toward serving to SBIR and STTR tasks overcome the tough transition between growth and full manufacturing by way of funding alternatives. Funding quantities for the STRATFI program vary from USD $3 million to $15 million for as much as a 48-month interval of efficiency.

For the U.S. Air Drive, GridRaster’s 3D AI prolonged actuality options supply the mixing of knowledge from numerous sensors and sources right into a unified augmented actuality show, offering pilots and commanders with real-time insights into their operational atmosphere. From superior risk detection to terrain mapping and navigation help, these augmented shows assist to boost situational consciousness and decision-making capabilities in high-stakes eventualities, in response to GridRaster.

“The mixing of 3D AI prolonged and combined actuality options represents a paradigm shift in how the US Air Drive and aerospace producers strategy coaching, operations, upkeep, and design processes,” mentioned Rishi Ranjan, CEO of GridRaster. “By leveraging immersive simulations, augmented upkeep procedures, digital prototyping, collaborative distant operations, and enhanced situational consciousness, these applied sciences supply unprecedented alternatives to boost effectivity, security, and effectiveness throughout the board.”

GridRaster’s AI-enabled XR platform getting used for anomaly detection in plane upkeep.

The announcement was made public by AFWERX, the innovation arm of the Division of the Air Drive powered by the Air Drive Analysis Laboratory, and SpaceWERX, the innovation arm of the U.S. Area Drive and a singular division inside AFWERX. The joint entities announced the Program Yr 2024 Strategic Funding Improve, a contract award choice from its Part II eligible candidates.

“Our development stage funding packages, Strategic Funding Improve and Tactical Funding Improve, are an integral a part of the AFWERX and SpaceWERX imaginative and prescient to forge an innovation ecosystem that delivers disruptive Air and Area capabilities,” mentioned Col. Elliott Leigh, AFWERX Director and Chief Commercialization Officer for the Division of the Air Drive. “We’re using {dollars} at scale, each authorities and personal funding, to speed up the event of strategic capabilities.”

Col. Leigh added, “”The STRATFI program underscores our dedication to transitioning dual-use industrial applied sciences into the fingers of our Airmen and Guardians, guaranteeing that our army forces have entry to probably the most superior state-of-the-art capabilities which can be rising in our personal sector.”

GridRaster has labored extensively with the U.S. Air Drive and aerospace producers for high-fidelity modeling, simulation and coaching, and XR options. The corporate’s XR platform strikes the heavy computation required for immersive and excessive precision XR experiences to the cloud whereas utilizing XR HMDs as a group of sensors and shows, which helps to cut back or eradicate lots of the limitations of present and forthcoming XR units and platforms.

For extra info on GridRaster and its AI-enabled spatial computing know-how, please go to the corporate’s website.

Picture / video credit score: GridRaster / YouTube