The 32 new ATP projects span a broad range of key technology areas. Among the areas targeted are: new energy technologies for oil exploration and for fuel cells, new medical diagnostic and therapeutic technologies, improvements in electronics and automobile manufacturing and an improved computer interface for the severely disabled. The new awards represent a total of up to $80.1 million in ATP funding and an industry share of up to $56.9 million, if all projects are carried through to completion.
The ATP supports projects that industry cannot fully fund on its own because of significant technical risks. ATP awards are made on the basis of rigorous, competitive peer review considering scientific and technical merit of each proposal. In addition, awards are based on the potential for broad-based economic benefits, the need for ATP funding, and evidence of a clear commercialization pathway and broad diffusion.
As a non-regulatory agency of the U.S. Department of Commerce's Technology Administration, NIST develops and promotes measurement, standards and technology to enhance productivity, facilitate trade and improve the quality of life.
The 32 awards went to:
Automated Wave-Equation Imaging for Oil and Gas Exploration Develop and demonstrate a next-generation seismic imaging technology that includes an automated solution to modeling the acoustic propagation velocity for seismic waves, yielding faster and more ac
Contact: Michael Baum
National Institute of Standards and Technology (NIST)