The U.S. Department of Energy recently awarded Lansing-based Niowave two contracts totaling $1.5 million. This is the second grant the company has received in the last month.
According to excerpts from the article:
The two contracts are part of the Department of Energy’s Small Business Innovation Research program. Both were awarded for $750,000 in support of the second phase of the projects, and each will be completed in July 2011.
The first contract will research and develop a 1,500 MHz superconducting radio frequency (SRF) “Landau” cavity.
These third harmonic cavities will be used passively to lengthen electron bunches within the accelerator, which will extend electron beam life.
The Landau cavities are being developed in collaboration with Brookhaven National Laboratory on Long Island, New York. The cavities will be used in the National Synchrotron Light Source-II (NSLS-II) project, a $1 billion project that broke ground at Brookhaven earlier this year, and will be operational by 2016.
In addition to the Department of Energy funding, Niowave received an additional $250,000 in outside funding for commercialization. The outside funding consists of $125,000 in private investment, and $125,000 matching funds from the Michigan Emerging Technology Fund.
Read the entire article here.
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