In Madison County, several small businesses are set to benefit from over $3.3 million in SBIR/STTR supplementary grants from Innovate Alabama, alongside 20 other recipients statewide. These grants are aimed at helping businesses enhance cutting-edge technology, create jobs, and strengthen their presence in Alabama.

The funding, which includes 11 firms located in Huntsville and Madison, aligns with Alabama’s effort to support entrepreneurs through targeted financial assistance and to foster a thriving innovation ecosystem statewide.

Cynthia Crutchfield, CEO of Innovate Alabama, mentioned, “By providing this subsequent capital through the Supplementary Grants Program, we equip our most promising startups with the resources to bring innovation to market. These investments foster job creation, attract more external investment to Alabama, advance research and technology, and solidify the state’s status as a competitive innovation hub.”

This funding is vital for small and medium-sized enterprises to broaden their operations, hire new talent, and keep developing transformative technologies in areas like biotechnology, aerospace, energy, and advanced manufacturing.

Here are the recipients:

• Applied Technology Solutions, Huntsville: Focuses on high-sonic technologies such as advanced materials and test design.
• Cosmic Shielding Corp., Huntsville: Offers radiation shielding technology for space systems in both commercial and governmental sectors.

• Eikon Research, Huntsville: Works on advanced radar technologies, including software, digital design, and modeling.

• Hybird Space Systems, Huntsville: Involved in creating advanced, cost-effective rocket propulsion technologies for various applications.

• Hyperion Aerospace, Huntsville: Develops environmentally friendly thruster technologies for spacecraft and missiles.

• Koda Technologies, Huntsville: Engages in weapons systems development and advanced tech solutions for the Department of Defense and NASA.

• Mathinvestments, Huntsville: Specializes in managing investment returns through its own financial model.

• NOU Systems, Huntsville: Aims to develop products and services to tackle significant technical challenges.

• SSS Optical Technologies, Huntsville: Focuses on optical nanomaterials and development of new coatings for various applications in partnership with Oakwood University.

• Tellus1 Scientific, Huntsville: Specializes in optical sensing and analysis, particularly for systems used in space telescopes and remote sensing.

• Vets, Madison: Engaged in various areas including cybersecurity, engineering, and program management.