Tag: AFWERX

Gov Tech Startup Irys Wins $1.15M Air Force Contract
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Gov Tech Startup Irys Wins $1.15M Air Force Contract

Irys, a San Antonio-based software-as-a-service or SaaS startup, has won an Air Force Small Business Innovation Research (SBIR) $1.15 million Phase II contract from the Air Force's AFWERX innovation program. The highly competitive Air Force SBIR program awards non-dilutive funding to help companies develop commercially feasible advanced technologies that also meets an Air Force need. Only those granted a Phase I SBIR award (or a Direct to Phase II contract) are eligible for Phase II and III awards. Irys won an SBIR Phase I award of $50,000 in the fall of 2019. Under SBIR rules, companies that successfully secure an agreement with at least one Air Force customer may be awarded up to $2.3 million or more in Phase II and gain the ability to move to an unlimited number and value of cont...