SBIR/STTR Research Award

Open Call for Science and Technology Created by Early-Stage (e.g. University) Teams

Award identifier e41f48a994deca74aff5b0dd5e1ab39e01208f11dbd5a44b8b60196e9dfb02f4Awarding agency Department of Defense · Air Force

Award amount

$24,933

Program and phase

STTR · Phase I

Award year

2019

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Award details

Awarding agency
Department of Defense
Branch
Air Force
Recipient company
Lyapunov Technologies LLC
Proposal award date
2019-08-02
Contract end date
2019-11-08
UEI
Z1UDJ1LJEA71
Solicitation number
19.B
Topic code
AF19B-T001

Research abstract

Managing multi-level risks ranging from the fiscal/personnel resources to fluctuating material/production costs have always been challenges due to the integrated nature of Air Force (AF) with governmental and industrial partners. Establishing a quantitative framework that provides basis for making informed decisions on these pressing issues can greatly impact how Air Force strategically allocate valuable resources and deploys operations. Our team has developed a consolidated system that address underlying risks in the asset management and quantitative trading space. Our proprietary technology aggregates AI-based predictive knowledge at higher level with low-level autonomous strategic decision-making process, providing real-time insights and dynamic strategy coordination. The teams believe that our risk management approach can address a variety of problem areas concerning AF including supply chain, cost modelling, and predictive maintenance, where the performance is largely affected by quantifiable systematic risks. The translation of the technology comes from the fact that the problems that underlie finance, operations, and resource allocation can be formulated and optimized in a similar cost-benefit analysis framework that is addressed in quantitative finance. By combining the predictive power from AI with our existing technical infrastructure, our robust and adaptive approach can greatly benefit AF by improving efficiency, productivity, and reducing cost.

Technology keywords

Not reported

Awards with the same topic code

Verified by an exact topic code match. This is not a text-similarity match.

Agency intelligence

Department of Defense

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