SBA Funds Supplier Program to Boost Maritime Unmanned Systems Manufacturing
1 report, 1 independent
Updated Mon 00:00
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What happened
The Small Business Administration provided federal funding to Gulf Blue to launch a supplier acceleration program. This program is designed to help companies, such as Seatrec, enter the maritime unmanned-systems industry. The technology involves ocean floats that collect data to aid in forecasting and understanding the Gulf.
From wlox.com
Why it matters
The funding aims to help small businesses scale up their manufacturing capacity. This initiative supports the growth of the maritime unmanned-systems industry, which is noted as a significant testing ground for autonomous systems on the Gulf Coast.
From wlox.com
Who's involved
- Small Business AdministrationUnited States government agency providing federal funding for the supplier acceleration program
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The entities involved
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Small Business Administration
United States government agency that supports entrepreneurs and small businesses