Camgian Microsystems Receives $3M Contract Award to Advance IoT Technologies
STARKVILLE, MS – 30 January 2018 – Camgian Microsystems Corporation announced today receipt of a $3 million contract award from the US Department of Defense (DOD) as part of their 2017 Rapid Innovation Fund (RIF) program. The program, the company’s third RIF award, will fund advancements to Camgian’s Egburt Internet of Things (IoT) platform which will serve as an intelligent hub for supporting the large scale collection, processing and distribution of sensor data worldwide. Key technical thrusts include multi-sensor integration, the application of artificial intelligence to sensor processing and big data analytics.
“We are grateful for DOD’s support and look forward to delivering a highly-innovative decision support platform that will enhance the situational awareness of our service men and women in combat,” said Chris Henderson, Vice President of Engineering and Program Manager.
The RIF program is designed to accelerate innovative technologies, primarily from small businesses, into military systems that resolve significant DOD operational challenges. The program goals support DOD’s emphasis on rapid, responsive acquisition and the engagement of small, innovative businesses in solving defense needs. The Defense Authorization Act established the program in 2011, appropriating $250 million for 2017. More than 1,700 white papers were submitted in response to the request for proposals.
Camgian is an award-winning developer of integrated sensing and analytical processing platforms that deliver real-time, actionable intelligence. Leveraging innovations in the areas of multi-sensing, artificial intelligence, and big data analytics, Camgian is pioneering a new generation of intelligent decision support products that address key needs in the industrial, defense and national security markets.
Camgian has been named by Inc. Magazine as one of the fastest growing private companies in the US, Entrepreneur Magazine as one of the most entrepreneurial companies in America and Compass Intelligence as one of the world’s top companies in IoT innovation and execution. Moreover, ABI Research featured Camgian in their 2015 Hot Tech Innovators report, which identified the company as one of the world’s top tech start-ups for their pioneering work in IoT and edge computing. In their 2016 market report Fog Computing in IoT, Machina Research identified Camgian as one of the innovative IoT startups and notable companies pioneering fog computing. In 2017 Camgian was named a Gartner “Cool Vendor” in IoT Edge Computing and the Emerging Company of the Year in Enterprise IoT in the 5th Annual Compass Intelligence Awards.
For more information on Camgian, please visit camgian.com.