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PRESS RELEASE
Issued by: Flying Ship Company

Ground Effect Technology, LLC. selected for Phase I SBIR contract
Tuesday, 28 May 2024

Flying Ship Technologies, Corp. is pleased to announce that its sister company Ground Effect Technology, LLC, has been selected by AFWERX for a SBIR Phase I contract focused on Innovating Global Logistics in Support of Agile Combat Employment to address the most pressing challenges in the Department of the Air Force (DAF).

"This award is a great step forward in the development of ground effect vessels to support the missions of U.S. warfighters,” said Ground Effect Technology, LLC, Founder and CEO Bill Peterson. "We look forward to working with the Air Force Research Laboratory and AFWERX to leverage revolutionary global logistics approaches to secure America’s national security objectives."

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 as of May 16, 2024, Ground Effect Technology, LLC, has started its journey to create and

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Air Force Research Laboratory (AFRL) Technical/Eng/Scientific Studies, Research/Consulting Services, Wind Tunnels