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The U.S. Department of Energy (DOE) has announced selections totaling $142 million for 123 small business projects for research in multiple areas, including clean energy and decarbonization. As part of these selections, the Geothermal Technologies Office (GTO) chose Ozark Integrated Circuits, Inc. (Fayetteville, AR) to receive $1.1 million to advance their high-temperature flow rate instrument for geothermal reservoir monitoring. Ozark’s project aims to mitigate the limitations of electronic components in high-temperature environments, specifically geothermal reservoirs, and increase the reliability and functionality of fracture zone management tools.
Today’s selections are for Phase II research and development under DOE’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. Small businesses that demonstrated technical feasibility for innovations during their Phase I grants competed for funding for prototype or processes development during Phase II. In addition, prior Phase II awardees competed for second or third Phase II awards to continue prototype and process development. DOE selected projects by competitive peer review under the SBIR/STTR FY 2024 Phase II Release 2 Funding Opportunity Announcement.
Learn more about small business geothermal research on GTO's website. More information and a full list of the selected Phase II projects are on the SBIR website.
Selection for award negotiations is not a commitment by DOE to issue an award or provide funding. Before funding is issued, DOE and the applicants will undergo a negotiation process, and DOE may cancel negotiations and rescind the selection for any reason during that time.
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