SBIR/STTR Research Award

Virtual MemComputing Machine

Award identifier 1f13982bb80b45fe8f40b3a57f7405c1aed40c1ebb4fcb305f85fa0fbbe278b8Awarding agency National Aeronautics and Space Administration

Award amount

$122,385

Program and phase

SBIR · Phase I

Award year

2021

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Award details

Awarding agency
National Aeronautics and Space Administration
Branch
Not reported
Recipient company
MEMCOMPUTING, INC.
Proposal award date
2021-05-06
Contract end date
2021-11-19
UEI
X5GSZ97M88M1
Solicitation number
SBIR_21_P1
Topic code
S5

Research abstract

MemComputingrsquo;s technology is disrupting the high-performance commercial computing industry by dramatically reducing the time to find solutions to the most complex optimization problems across all industries today. Using a physics-based approach, MemComputingrsquo;s novel circuit architecture liberates users from current computational bottlenecks, enabling companies of all sizes to accurately analyze huge amounts of data in minutes or seconds, empowering them to make optimal business decisions quickly.nbsp;MemComputingrsquo;s Software-as-a-Service platform, called the Virtual MemComputing Machine (VMM), is currently being used today by Fortune 500 companies, and is designed to solve the largest and most complex industrial computations associated with optimization, big data analytics, and machine learning. Obtaining optimal solutions in a faster time frame using a fraction of todayrsquo;s required resources not only results in significant cost savings, but also opens the door for greatly improved operational efficiencies.nbsp;Studies of the MemComputing platform demonstrate that MemComputing delivers the power expected of Quantum Computers, with its non-Quantum solution. MemComputing boasts 17 peer-reviewed scientific papers, published in prestigious scientific journals, as well as 2 issues patents.nbsp; nbsp;

Technology keywords

Not reported

Other awards by this recipient

Verified by the same UEI. These are other public SBIR/STTR award pages, not a merged company record.

Research funding history

9 SBIR/STTR records share this UEI (2020–2024). Reported award amounts total $2,671,211. Reported amounts are not federal obligations.

Phases: Phase I, Phase II

Agencies: Department of Defense, National Aeronautics and Space Administration

Agency intelligence

National Aeronautics and Space Administration

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