Teton Composites Awarded Competitive Grant from the National Science Foundation
Updated: Dec 7, 2017
Small Business Innovation Research Program Provides Seed Funding for R&D
Laramie, WY, August 1, 2017–Teton Composites, Inc. has been awarded a National Science Foundation (NSF) Small Business Research (SBIR) grant for $224,194 to conduct research and development (R&D) work on innovative software for structural modeling of chopped-fiber reinforced plastics for the design engineer.
Teton’s software is intended to be a one-stop desktop solution for the design engineer, allowing for iterative structural design with minimal effort. The software addresses challenging problems such as fatigue, crash, and creep behavior of chopped-fiber injection molded parts. The goal is to provide accurate structural solutions for chopped fiber components, producing parts designed for maximum efficiency and achieved at initial fabrication rather than after multiple production iterations.
“The National Science Foundation supports small businesses with the most innovative, cutting-edge ideas that have the potential to become great commercial successes and make huge societal impacts,” said Barry Johnson, Director of the NSF’s Division of Industrial Innovation and Partnerships. “We hope that this seed funding will spark solutions to some of the most important challenges of our time across all areas of science and technology.”
“NSF’s SBIR program provides a critical foundation for jump-starting technology driven companies that simply could not launch otherwise.,” said Andrew Hansen, Principal Investigator for the grant. “We feel truly fortunate to be afforded the opportunity to advance our company under the NSF-SBIR umbrella of support.”
About the National Science Foundation's Small Business Programs
The National Science Foundation (NSF) awards nearly $190 million annually to startups and small businesses through the Small Business Innovation Research (SBIR)/Small Business Technology Transfer (STTR) program, transforming scientific discovery into products and services with commercial and societal impact. The non-dilutive grants support research and development across almost all areas of science and technology helping companies de-risk technology for commercial success. To learn more about the NSF SBIR/STTR program, visit: www.nsf.gov/SBIR.
About Teton Composites
Teton Composites brings a rich history of composite material analysis and software development to bear on the challenging problems facing the design engineer using chopped-fiber plastics in structural components. Teton’s roots extend back to founders of Firehole Composites—a software company that was devoted to failure analysis of high performance continuous fiber composite materials. Firehole Composites was known for elegant multiscale software solutions with notable applications in aerospace, commercial aircraft, wind energy, and Formula 1 auto racing.