For Immediate Release: August 7, 1998
Seattle - Washington Technology Center (WTC) recently awarded more than $1 million in R&D grant funding to 13 Washington high tech companies teamed with state university researchers. The successful projects were selected from a pool of 40 proposals, and will be administered through WTC's Research and Technology Development (RTD) grant program. The goal of the RTD program is to provide research funding to industry/university research collaborations to develop commercially promising technology that will create jobs in Washington. The companies are located on both sides of the Cascades with funding almost evenly divided between researchers at Washington State University and the University of Washington.
The projects are awarded in four technology areas: Microelectronics, Advanced Materials and Manufacturing, Biotech/Biomedical Instruments, and Computer Systems. A sampling of projects includes:
Bloodless Surgery Becoming a Reality: Develop a prototype of a hand-held high intensity focused ultrasound device which can be used to stop internal bleeding in a non-invasive manner. Initial applications for this product include prevention of bleeding during liver surgery, and catheter wound closure following angioplasty, angiography and stent placement.
Boeing Receives Grant for Flywheel Energy Storage System: Boeing Information, Space & Defense Systems has been working to develop a flywheel storage system that can be used by the electric power industry. The WTC project will focus on growing high temperature superconducting crystals for use as a frictionless magnetic bearing in the flywheel.
Developments in the Fight Against Clotting Disorders: Study the efficiency of using ultrasound, in conjunction with existing drugs, to dissolve blood clots.
WTC, a state funded agency that connects Washington companies with state university researchers and research funding, places emphasis on technology projects that will produce viable new products or enhance existing ones. The successful companies must demonstrate that they possess the capability to bring these products to market, and that enough demand exists to stimulate growth of the company, thereby creating more jobs for the people of Washington state.
- end of post -
Seattle - Washington Technology Center (WTC) recently awarded more than $1 million in R&D grant funding to 13 Washington high tech companies teamed with state university researchers. The successful projects were selected from a pool of 40 proposals, and will be administered through WTC's Research and Technology Development (RTD) grant program. The goal of the RTD program is to provide research funding to industry/university research collaborations to develop commercially promising technology that will create jobs in Washington. The companies are located on both sides of the Cascades with funding almost evenly divided between researchers at Washington State University and the University of Washington.
The projects are awarded in four technology areas: Microelectronics, Advanced Materials and Manufacturing, Biotech/Biomedical Instruments, and Computer Systems. A sampling of projects includes:
Bloodless Surgery Becoming a Reality: Develop a prototype of a hand-held high intensity focused ultrasound device which can be used to stop internal bleeding in a non-invasive manner. Initial applications for this product include prevention of bleeding during liver surgery, and catheter wound closure following angioplasty, angiography and stent placement.
Boeing Receives Grant for Flywheel Energy Storage System: Boeing Information, Space & Defense Systems has been working to develop a flywheel storage system that can be used by the electric power industry. The WTC project will focus on growing high temperature superconducting crystals for use as a frictionless magnetic bearing in the flywheel.
Developments in the Fight Against Clotting Disorders: Study the efficiency of using ultrasound, in conjunction with existing drugs, to dissolve blood clots.
WTC, a state funded agency that connects Washington companies with state university researchers and research funding, places emphasis on technology projects that will produce viable new products or enhance existing ones. The successful companies must demonstrate that they possess the capability to bring these products to market, and that enough demand exists to stimulate growth of the company, thereby creating more jobs for the people of Washington state.
- end of post -
Labels: Company_and_Client_News, Funding, RTD, WTC_News










