Industry – Page 12 – Swanson Reed | Specialist R&D Tax Advisors

Simply Homes, Inc.: Spearheading Affordable Housing Solutions through Innovative R&D

Kentucky Patent of the Month - December 2021

In a world grappling with the challenges of affordable housing, Simply Homes, Inc. has emerged as a beacon of hope by buying single-family homes in blighted neighborhoods, renovating them and then renting them out to very low-income families, the elderly and the disabled.

With a recent infusion of $22 million in funding, the company is poised to revolutionize the landscape, employing artificial intelligence (AI) as a powerful tool to combat the affordable housing crisis.

Simply Homes’ commitment to innovation is evident in their strategic use of AI technology. By harnessing the capabilities of machine learning, the company aims to navigate the complexities of affordable housing with unprecedented precision. This forward-thinking approach not only sets Simply Homes apart in the industry but also positions them as pioneers in the quest for sustainable, scalable solutions.

At the heart of their R&D endeavors is a sophisticated AI system that analyzes vast datasets. This data-driven approach enables Simply Homes to identify optimal strategies for affordable housing development, optimizing costs, and enhancing overall efficiency throughout the process. The company’s dedication to pushing the boundaries of what’s possible in housing development is reshaping the conversation around accessible living spaces.

What distinguishes Simply Homes is not just their technological prowess but their holistic and community-centric approach. Recognizing that true change requires collaboration, the company actively engages with local stakeholders, policymakers, and residents. By fostering partnerships and ensuring community involvement, Simply Homes is creating solutions that go beyond the immediate need, establishing a model for socially responsible and community-driven affordable housing development.

As we navigate the dynamic landscape of affordable housing, Simply Homes, Inc. stands at the forefront of positive change. Their innovative research and development efforts, fueled by AI, signify a bold step towards a future where housing is not just affordable but also sustainable and inclusive. Watch this space as Simply Homes, Inc. continues to redefine the narrative, pushing the boundaries of what’s possible in the realm of affordable housing.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Unveiling the Innovation Odyssey: Joget, Inc.’s Remarkable Journey in Low-Code Development

Joget, Inc., the global innovator in next-generation enterprise application development, has been included in the Forrester Research report, “The Low-Code Platforms For Citizen Developers Landscape, Q4 2023”. We believe the acknowledgment underscores Joget’s impactful presence in the low-code market and its consistent efforts to redefine enterprise application development through its platform.

The report, which serves as a crucial benchmark for application development and delivery leaders, offers an overview of low-code platforms for citizen developers. It can help them understand the value of a platform, how the vendors differ, and what options there are based on company sizes and market focus.

The cornerstone of Joget’s success lies in its commitment to pushing the boundaries of low-code development. In an era where agility and efficiency are paramount, Joget has emerged as a key player, demonstrating an unwavering dedication to empowering businesses through innovative solutions.

The company’s recent recognition in the “Low-Code Platforms Landscape 2023” report is a testament to its impactful strides in the industry. This acknowledgment not only reflects Joget’s current standing but also sheds light on its continuous evolution and adaptability in the ever-changing tech landscape.

Joget has been at the forefront of democratizing app development, enabling organizations to streamline their processes and boost productivity. Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Flying High: Bridger Aerospace’s Soaring Investments in Cutting-Edge Research and Development

Stratodynamics Shows Pomise in Unmanned Aerial Turbulence Detection

In the ever-evolving landscape of aerial firefighting and disaster response, Bridger Aerospace Group Holdings, Inc. has emerged as a key player, making headlines with its strategic investments that support their firefighting regimes. Recently, the company has announced that it has entered into a joint venture partnership to complete the purchase of four Canadair CL-215T Amphibious Aircraft recently awarded in a public tender process from the Government of Spain for €40.3 million.

The company has grown from operating a single plane to commanding a significant Air Attack and the largest Super Scooper fleet in the U.S. in less than eight years.

“Bridger’s mission is to support communities affected by wildfires wherever they occur. There is global demand for specialty aircraft like the CL-215T, and with the addition of these airframes we are positioned to operate the largest privately owned scooper fleet in the world. Our access to these aircraft represents a strategic and transformative step for Bridger and positions us to expand our customer base and create substantial revenue and cash flow growth for the next several years,” commented Tim Sheehy, Bridger’s Chief Executive Officer.

Bridger Aerospace’s investments extend beyond firefighting, encompassing disaster response and recovery as well. The company is exploring ways to leverage aerial technologies in the aftermath of natural disasters, facilitating rapid assessment and response to minimize human suffering and property damage.

The partnership will allow Bridger access to Scoopers for use in contract operations as soon as the summer of 2024. Bridger will manage the return to service upgrades of the planes while they are owned and funded by the partnership.

McAndrew Rudisill, Bridger’s Chief Investment Officer, commented, “We are excited to partner with Marathon and Avenue to co-invest in the transformative Spanish Scooper acquisition and appreciate their exhaustive efforts to close this transaction. This private capital solution eliminates the immediate need for any large near-term equity financing and helps strategically position Bridger to further diversify internationally, create exposure to the European fire season, and creates a multi-year growth trajectory for the company.”

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

$10.6M Investment Sparks Offshore Wind Revolution in New Jersey

In the dynamic realm of renewable energy, Attentive Energy is emerging as a catalyst for change, propelling New Jersey to the forefront of the offshore wind industry. The company has proposed an offshore wind farm and intends to invest $10.6 million into projects that will help to grow the industry’s supply chain and support ocean-based technology startup businesses in the state.

Attentive Energy’s recent $10.6 million investment signals a bold commitment to advancing offshore wind technologies. This substantial infusion of capital is earmarked for cutting-edge R&D initiatives that promise to redefine the efficiency and sustainability of wind energy production.

A key goal of the company is to localize and diversify the supply chain for the offshore wind industry.

Attentive Energy is proposing a wind farm 42 miles (65 kilometers) off Seaside Heights that would provide enough energy to power 600,000 homes. It would be among the farthest from shore of the wind farm projects proposed to date on the U.S. East Coast. The distance from the coast would eliminate one of the main objections voiced by opponents of offshore wind, that they don’t want to see the wind turbines from the beach.

The company aims to leverage state-of-the-art technologies to optimize energy capture, storage, and transmission, ultimately boosting the overall effectiveness of wind power as a renewable energy source.

The investment is not limited to technological advancements alone; Attentive Energy is also spearheading initiatives to enhance the overall ecosystem for offshore wind energy. Collaborations with local communities, educational institutions, and environmental organizations underscore the company’s commitment to fostering a sustainable and inclusive energy transition.

As New Jersey looks to secure its position as a renewable energy leader, Attentive Energy’s strategic investments promise not only to reshape the state’s energy landscape but also to contribute significantly to the global push for a cleaner, greener future.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

InnovaPrep Acquires Clara Biotech

InnovaPrep LLC has acquired the assets of Clara Biotech, a startup which made a name for itself by launching a first-of-its kind cancer detection in 2015.

InnovaPrep is a local leader in the biotech industry. Their detection tech focuses on biological sample collection, concentration, and preparation. The company has commercialized a collection of market-disruptive platform technologies for rapid, automated concentration of biological particles.

The acquisition will support InnovaPrep as they begin development and experimentation in a very niche field – exosomes. Clara Biotech’s technology and team are experts in exosome isolation and preparation and will support InnovaPrep to step boldly into the niche field, with a ready to go team.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

FlyGuys: Elevating Reality Data Capture with $10M Funding Boost

FlyGuys, a reality data capture company, is making waves with a successful $10 million Series A funding round. This infusion of capital is a testament to FlyGuys’ commitment to revolutionizing reality data capture and fostering job creation. The round was led by Mitchell Capital and Advantage Capital.

The Series A funding represents a pivotal moment for the company, providing the resources needed to advance its cutting-edge technologies and push the boundaries of what’s possible in reality data capture. The funding will be directed towards creating a scalable software solutions platform and strengthening the company’s nationwide influence

Reality data capture is a crucial aspect of various industries, from construction and real estate to environmental monitoring. FlyGuys’ innovative approach aims to transform this landscape, making data capture more efficient, accurate, and accessible.

The commitment to research and development not only elevates FlyGuys’ technological capabilities but also underscores its role in shaping a future where reality data capture is more accessible, efficient, and impactful across diverse sectors.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

BrokerTech Ventures Welcomes Accelerator Applications for Insurance Tech

BrokerTech Ventures have announced the opening of applications for the 2024 cohort of the BrokerTech Ventures Accelerator, marking a significant stride in reshaping the future of insurance technology. BrokerTech is the industry’s first broker-led convening platform and accelerator program.

BrokerTech Ventures’ commitment to innovation is evident in its strategic accelerator program. The initiative serves as a crucible for fostering groundbreaking ideas and solutions that have the potential to revolutionize the insurance industry. As the 2024 cohort applications open, the stage is set for a new wave of insurtech innovators to join the ranks of this dynamic accelerator.

The accelerator program provides a nurturing environment for startups to explore cutting-edge technologies, refine their offerings, and bring novel solutions to market. By actively fostering collaboration between startups and established players in the insurance industry, BrokerTech Ventures creates a vibrant ecosystem where ideas are exchanged, and innovations are accelerated. This collaborative approach not only propels the participating startups forward but also contributes to the overall evolution of the insurtech landscape.

As the applications open for the 2024 cohort, BrokerTech Ventures cements its position as a catalyst for positive change in the insurance technology sector. The 2024 cohort will be the fifth cohort and will bring in the top 20 startups in early March. The Selection Series will be a virtual event where BTV partners can dig deeper into the products, companies, and teams. Subsequently, the cohort will begin the five-week Accelerator program in April 2024. More than $500,000 in funding is at stake for the selected broker-centric, seed and early-stage startups, with each startup receiving $50,000.

The deadline for submissions is December 18, 2023. Submissions can be made here.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Shifted Energy’s Innovations Powering a Sustainable Tomorrow

Shifted Energy – a flexible electricity company – has announced a strategic partnership with Swell Energy. This partnership is set on expanding the horizons of virtual power plants and usher in a new era of energy solutions.

The partnership will include merging Shifted’s distributed energy resource management system (DERMS) with Swell’s DERMS, creating one platform for utilities to manage assets in one place. The VPP offering can be integrated into utilities’ existing supervisory control and data acquisition platforms, providing forecasts of energy demand and generation, according to the companies.

Virtual power plants represent a paradigm shift in how we generate and manage energy. Shifted Energy’s innovative approach to this technology is poised to revolutionize power grids, allowing for increased efficiency and flexibility in energy distribution. This is achieved through the smart management of household energy sources in Shifted’s DERMS. Swell’s DERMS takes a similar approach but with a focus on the dispatch and management of solar and energy storage assets. These two systems will complement each other perfectly to bring an overarching and optimized performance.

As the world continues its transition towards a greener future, Shifted Energy stands as a beacon of progress. Their dedication to research and development not only shapes the trajectory of sustainable energy but also positions the company as a key player in building a resilient and eco-friendly energy ecosystem for generations to come.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Falcomm Secures $4M in Successful Seed Funding Round

New Mexico Patent of the Month - August 2021

In a monumental stride for Atlanta’s semiconductor sector, Falcomm, Inc. has secured its first direct investment from Georgia Tech’s Research Impact Fund. This investment has come through the company’s first funding round. The seed round pulled in a total of $4 million with participation from Squadra Ventures, Cambium Capital, Draper Cygnus, and the Georgia Tech Foundation. This substantial capital injection serves as a testament to Falcomm’s prowess and marks a pivotal juncture for the company’s research and development initiatives.

At the heart of Falcomm’s recent success lies its dedication to cutting-edge research in semiconductor technology. The infusion of funding from Georgia Tech’s Research Impact Fund not only affirms confidence in Falcomm’s potential but also recognizes the company’s critical role in advancing semiconductor innovations.

The semiconductor startup has a new type of power amplifier for the wireless communications market. Its Dual-Drive PA, which founder Edgar Garay developed as a PhD candidate at Tech, can improve the power and efficiency of wireless signal transmissions in satellites, IoT devices, wearables, and cell phones.

The vision of Falcomm extends beyond conventional semiconductor applications, aiming to usher in a new era of technological possibilities. The company envisions innovations that can have far-reaching impacts, from enhancing communication systems to influencing advancements in healthcare.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

PreviewLabs: Accelerating Innovation in Game Development Through Rapid Prototyping

Georgia Patent of the Month - January 2022

PreviewLabs, Inc. has emerged as a key player in game development, giving developers an edge by streamlining the prototyping process.

Recently, this edge has helped Squido Studio to raise $1.1 million for their upcoming virtual reality project. Squido Studio, a new startup, utilized PreviewLabs’ technology to rapidly build prototypes in time for their funding round pitches.

The rapid prototyping technology empowers game developers to swiftly create and test prototypes before committing to full-scale production.

PreviewLabs’ success is rooted in dedicated research and development initiatives. Leveraging cutting-edge technologies, the company empowers game developers to bring their visions to life more efficiently. This commitment not only reshapes the game development landscape but positions PreviewLabs as a sought-after partner for studios seeking a competitive edge.

The collaborative nature of PreviewLabs’ work takes center stage, showcasing active engagement with game studios to understand their unique challenges and goals. This collaborative spirit fosters a dynamic exchange of ideas, ensuring that the prototypes align seamlessly with the creative vision and technical requirements of each project.

Bernard François, the founder and CEO of PreviewLabs, said in a statement, “Physics-based gameplay in a multiplayer context is complex and requires a lot of experimentation, especially in VR, where you feel you are holding the objects with your own hands. Our team worked tirelessly to overcome the complexities of creating an immersive environment where multiple players can interact simultaneously with the same objects.”

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.