Artificial Intelligence Finance Fintech News

Redactable awarded $1.25 million dollar U.S. Air Force contract

NYC FinTech Women Announces the 2023 Inspiring FinTech Females Award Winners

Redactable Logo

AFWERX selects Redactable for a $1.25M SBIR Direct-to-Phase II contract focused on AI-driven redaction software to protect sensitive documents.

Redactable announces it has been selected by AFWERX for a Direct-to-Phase II contract in the amount of $1.25 million focused on AI-driven redaction software to protect sensitive documents and automate business processes to address the most pressing challenges in the Department of the Air Force (DAF). The Air Force Research Laboratory and AFWERX have partnered to streamline the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) process by accelerating the small business experience through faster proposal to award timelines, changing the pool of potential applicants by expanding opportunities to small business and eliminating bureaucratic overhead by continually implementing process improvement changes in contract execution. The DAF began offering the Open Topic SBIR/STTR program in 2018, which expanded the range of innovations the DAF funded, and now Redactable will start its journey to create and provide innovative capabilities that will strengthen the national defense of the United States of America.

Read More About Fintech Interview: Global Fintech Interview with Mitchell Morrison, CEO and Founder at Eyeballs Financial

[To share your insights with us, please write to  pghosh@itechseries.com ]

Related posts

OKX and CoinRoutes Expand Partnership to Serve Institutional Users

PR Newswire

World Wealth Report 2020: North America Surpasses Asia-Pacific in High Net Worth Individual Wealth Growth for First Time in Eight Years While COVID-19 Brings Uncertainty

Fintech News Desk

Wells Fargo Selects nCino to Enhance Commercial Banking Lending

Fintech News Desk
1