About MemComputing Inc.
MemComputing helps to solve the largest and most complex industrial computations associated with optimization, big data analytics and machine learning.
Company Size When We Started Working with them:
11-50 employees
Industry:
Computer Hardware Manufacturing
Government Experience Prior to Working with us:
None
LC Capture Strategist Working with the Company:
Problem Statement
MemComputing first started working with us at the end of 2019 after meeting our CEO at the USAF Space Catalyst after learning about the Air Force SBIR Open Topic. They were awarded their first SBIR Open Topic Phase I, about 3 months after they started to work with us.
They have worked with us over the past few years and continue to pursue and win federal dollars . They are currently on the road toward even greater opportunity both with the DoD, and in the commercial sphere, as they continue to build off their success with the SBIR Open Topic.
Timeline
Summary
All in, over the past 3 years, Long Capture has helped Memcomputing to win over $2.5 million in government contracts.
This has played a role in padding some of their further pursuits.
SBIR can be a great launch pad, providing R&D funding, as well as the sole-source authority needed to really open the door for small businesses with dual-use technology.
“I met Russ at the USAF Space Catalyst. When he told me about the Air Force Open SBIR process, I was really impressed and proud of the Air Force for two reasons: one, it was clear that they were supporting small companies, especially startups, but I was also proud as an American Citizen to see that the USAF was so open to innovation. This is why I signed with Long Capture.”
-John Beane
CEO, MemComputing, Inc.
