POET Technologies Inc (PTK)

[sevenOdouble]

There are 85 projects, but 79 companies, which means that five companies have received two awards: Cleare Inc, Deployable Space Systems Inc, and three others received 2 awards.

OPEL's management has not yet released the news because the final amounts granted will be negotiated and certainly will be announced when the official amount to be determined. But there will be no big surprise as 63M$ for 85 projects gives us an average of 741K$ each for a max of 750K$.

Interesting info...Only 40% of projects that have completed Phase I were selected for Phase II. ODIS is the first on the list among the four in its class, and ODIS engaged in a readiness level of 4 to finish at 7 which is the highest level for a project without flight tests.
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WASHINGTON -- NASA has selected 85 small business proposals to enter into negotiations for Phase II contract awards through the agency's Small Business Innovation Research (SBIR) Program.
The selected projects have a total value of approximately $63 million. NASA will award the contracts to 79 small high technology firms in 27 states. These competitive awards-based programs encourage U.S. small businesses to engage in federal research, development and commercialization. The programs also enable businesses to explore technological potential, while providing the incentive to profit from new commercial products and services.