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

Planful Named An Overall Experience and Credibility Leader in 2020 Dresner Advisory Services’ Wisdom of Crowds® Study

Fintech News Desk

INETCO Launches Game-Changing Payment Fraud Solution

Fintech News Desk

Silicon Valley Bank Hires Sunita Patel as Head of Business Development, Technology and Healthcare

Fintech News Desk
1