Industry – Page 13 – Swanson Reed | Specialist R&D Tax Advisors

Acclinate’s Expansion Signals Innovation in Digital Health

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Acclinate, Inc,‘s recent announcement of plans to expand its workforce in Birmingham marks a pivotal moment for the Alabama-based digital health startup. This strategic move not only signifies growth but also a commitment to innovation in the field.

At the core of Acclinate’s success is its dedication to cutting-edge research and development. The company’s expansion aligns with recent groundbreaking discoveries and technological breakthroughs that position Acclinate as a trailblazer in the digital health sphere.

Acclinate’s mission centers around personalized medicine, tailored to the unique genetic makeup of individuals. Their research and development initiatives delve into genomics, seeking to decipher the genetic codes underlying various health conditions. By understanding these codes, Acclinate aims to pave the way for treatments and interventions optimized for individual patients.

In addition to this commitment, Acclinate is working to confront a systemic problem – the underrepresentation of people of color in clinical research. Their platform, NowIncluded, helps people of color take control of their health and encourages participation in clinical trials both digitally and in person.

“As we expand our presence in Birmingham, Acclinate remains committed to our mission of health equity through inclusive research,” said CEO and co-founder Del Smith, Ph.D.

With the project, Acclinate plans to expand its operation in the Denham Building in the city’s Parkside neighborhood and create 25 new jobs with an average annual salary of $83,000 over a three-year period, according to the Alabama Department of Commerce.

Key to Acclinate’s success is its commitment to collaborative innovation. Actively fostering partnerships with research institutions, healthcare providers, and tech innovators accelerates the pace of discovery and ensures that Acclinate remains at the forefront of advancements in digital health.

As Acclinate embarks on this transformative journey, the company is poised to play a pivotal role in shaping the future of healthcare. The intersection of technology, genomics, and personalized medicine holds immense promise, and Acclinate is at the forefront of harnessing these possibilities for the betterment of individuals and communities.

Acclinate’s strides in research and development underscore its commitment to innovation and position the company as a beacon of progress in the digital health landscape. With the addition of 25 new workers in Birmingham, Acclinate is set to amplify its impact, driving positive change and shaping the future of 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.

Army’s Digital Buoy System Named R&D 100 Finalist

The U.S. Army Engineer Research and Development Center’s (ERDC) collaborative effort with the U.S. Army Corps of Engineers Army Geospatial Center (AGC) on a Digital Buoy System has been selected as a 2023 R&D 100 Finalist in the IT/Electrical category.

The R&D 100 Awards program was established in 1963 to bring recognition to science and technology projects. It is currently the only S&T awards competition that recognizes new commercial products, technologies, and materials for their technological significance.

ERDC’s team was amongst entries from 15 different countries. The team consists of Tung “Alex” Ly, a computer scientist with ERDC’s Geospatial Research Laboratory (GRL), Denise LaDue, a cartographer with AGC, and Duane Morrison, a former cartographer with AGC.

Their new Digital Buoy system eliminates costs by leveraging a wireless mesh network and providing real-time, remote tracking and monitoring of buoys.

Buoys are the primary method for regulating waterway traffic. Unfortunately, a significant number of buoys naturally drift out-of-station, creating hazardous situations. An out-of-station buoy is non-functional for navigational purposes and creates a high risk of vessels running aground or becoming lost or difficult to locate in an emergency.

The U.S. Coast Guard and the U.S. Army Corps of Engineers must regularly perform labor-intensive operations to identify and manually relocate these floating markers that naturally drift from their original positions.

The Army’s Digital Buoy System enables distributed buoy tracking via a wireless mesh network and offers automated navigational map updating. This low-power and low-maintenance system provides remote, real-time buoy monitoring to significantly reduce operational costs and provides enhanced marine navigation not only in the U.S. but internationally as well.

Winners of the R&D 100 were announced on August 22, along with medalists in the five special recognition categories and winners in the five professional awards categories. The 2023 R&D 100 gala banquet will be held in San Diego, California, on November 16 to honor those recipients.

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.

Pumpspotting Directs $2.2M in Funding to Scaling Enterprise

Pumpspotting, Inc., a breastfeeding and pumping support platform, has secured $2.2 million in funding from a Series Seed II round. The round was led by Sincere Corporation and Maine Venture Fund, the investment round also saw participation from Unum Business Ventures and Maine Technology Institute.

The new funding aims to accelerate pumpspotting’s enterprise capabilities and broaden their commercial product offerings. One of the planned launches is pumpspotting Health Care, which aims to extend the platform’s services to the retail and healthcare sectors.

Pumpspotting’s mission is crystal clear: they partner with organizations of all sizes to create havens for women and families to feed and be fed. They achieve this with a tech-enabled program that aids companies in establishing inclusive, feeding-friendly cultures. It provides continuous, community-centric support and expert guidance to parents, while also helping companies adhere to federal, state, and city laws concerning lactation support. The platform serves as a bridge between employers and parents, making the complex baby-feeding journey a bit easier for everyone involved.

Their research-driven approach ensures that their solutions are not only effective but also user-friendly. This accessibility makes it feasible for organizations of all sizes to implement breastfeeding-friendly policies and spaces, thereby making a positive difference in the lives of their employees and customers. Founded in 2015, pumpspotting has already had a significant impact by serving over 70,000 parents and partnering with companies to implement extensive lactation programs. These programs don’t just meet compliance standards; they actively contribute to creating an inclusive environment and demonstrate a firm commitment to supporting women and families.

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.

Empowering the Future: Volatus Infrastructure & Energy Solutions’ Pioneering Research and Development

Volatus Infrastructure & Energy Solutions has announced the launch of their Series A investment campaign. Their intention is to make waves and revolutionize the electric mobility ecosystem.

Volatus is one of the world’s leading firms in vehicle-agnostic eVTOL (electric Vertical Takeoff and Landing) aviation landing infrastructure. They’re the architects of vertiports, the vital hubs for the electric aviation revolution. Imagine a network of these vertiports enabling air mobility, reducing traffic congestion, and revolutionizing urban transportation.

The funding round offers investors an exclusive opportunity to become an essential part of VI&E Solutions’ story and the electric vertical take-off and landing (eVTOL) industry.

Their commitment to vehicle-agnostic infrastructure ensures that various eVTOL aircraft can seamlessly integrate, promoting inclusivity and expanding the horizons of electric aviation. Research and development in this space are crucial for fostering innovation and accelerating the adoption of electric air mobility.

They’re also a universal, multi-modal electric charging and off-grid energy generation provider. Their research and development endeavors span across the entire electric mobility ecosystem. From designing efficient charging stations for electric vehicles to pioneering off-grid energy solutions, Volatus is driving change.

As they launch their investment campaign, it’s a testament to their dedication to research and development. These investments will fuel their mission to transform transportation and energy, ultimately shaping a more sustainable and interconnected world.

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.

Unlocking Buyer Confidence: UserEvidence’s Breakthrough Research and Development

UserEvidence, Inc., a company on a mission to transform the game for Go-to-Market (GTM) teams, has announced a successful Series A funding round leading to $9 million in investment. The funding round was led by Crosslink Capital with participation from Founder Collective, Afore and Next Frontier Capital.

UserEvidence’s customer voice platform is at the heart of their innovation. This cutting-edge technology automates the generation of social proof elements that every GTM team craves: verified case studies, glowing testimonials, and compelling statistics. What used to take days or even weeks can now be accomplished in mere minutes. This development effort is winning the trust of top-tier companies like Pendo, Workato, Gong, Jasper.ai, and Ramp. Here’s how.

Imagine the power of having a stream of real, verified success stories and testimonials at your fingertips. This wealth of social proof not only boosts buyer confidence but also shortens sales cycles and, ultimately, increases win rates. It’s a game-changer in the world of B2B sales and marketing.

UserEvidence’s $9M Series A funding announcement is a testament to the company’s dedication to enhancing GTM teams’ effectiveness. This investment will undoubtedly fuel further research and development, leading to even more innovative solutions that empower businesses to build buyer confidence.

In a world where trust is a rare and valuable commodity, UserEvidence is paving the way for B2B companies to thrive. With their research-driven approach to automating social proof, they are changing the game and helping GTM teams succeed.

As UserEvidence continues to evolve and expand its offerings, one thing is clear: the future of buyer confidence is brighter than ever, thanks to their commitment to research and development. Stay tuned for more game-changing innovations from this trailblazing 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.

Revolutionizing the EV Industry: Fermi Energy’s Coal-Based Solution

ECED Breaks Ground for Coal-Based Innovation

In a world that is increasingly shifting towards sustainable energy solutions, the electric vehicle (EV) industry stands at the forefront of innovation. One company that is making significant strides in this arena is Fermi Energy, Inc.. This trailblazing firm is revolutionizing the U.S. battery manufacturing industry with its advanced cathode technologies, all while maintaining a commitment to economic and environmental sustainability.

Fermi Energy is not just another player in the battery game; it is a pioneer in the field. The company’s mission is clear: to power electric vehicles with locally sourced materials, including one surprising ingredient—coal. Yes, you read that right—coal, a material often associated with pollution and environmental concerns, is being repurposed for a cleaner, greener future.

Fermi Energy has received significant grant funding this year, including a $2.9 million grant from the U.S. Department of Energy and a $3.4 million award in collaboration with General Motors and other companies. These grants will support the development of batteries with coal-derived anodes, which can address environmental issues associated with coal waste and significantly reduce anode costs compared to traditional graphite anodes.

By tapping into innovative materials selection and groundbreaking processing technologies, Fermi Energy has managed to reduce cathode costs by an impressive 50%. This significant cost reduction is a game-changer in the EV industry, making electric vehicles more affordable and accessible for the masses. It’s not just a win for consumers; it’s a win for the planet.

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.

PassiveLogic: Pioneering the Future of Generative Autonomy

Wyoming Patent of the Month - December 2021

PassiveLogic, Inc., the Salt Lake City-based creator of the first platform for generative autonomy, has announced their inaugural keynote event. The event will stream at 11:00 am MT on Thursday, November 2, 2023.

The company is focused on redefining the landscape of generative autonomy. With their groundbreaking platform, they are at the forefront of a revolution that promises to reduce carbon footprints and drive the creation of smarter, more eco-conscious cities.

The keynote event, titled PassiveLogic 2023 Launch Event: A Radical Breakthrough in Generative Autonomy” marks a milestone in the company’s work to deliver full autonomy to the world. Generative autonomy is an essential development in artificial intelligence (AI), advancing the technology from monolithically trained, single-purpose applications to flexible, dynamic general purpose systems. This technology is the basis for enabling full autonomy for any controlled system. Built on Quantum,the first physics-based digital twin standard and ontology for autonomous systems, PassiveLogic’s generative autonomy empowers anyone to design and implement their own autonomous system.

The event will feature presentations from Founder and CEO Troy Harvey, CTO Jeremy Fillingim, and some of the world’s leading experts in AI, digital twins, compilers, autonomous systems, generative design, user experience, and hardware who will provide a detailed look into PassiveLogic’s technology.

One of PassiveLogic’s key innovations is its ability to make autonomous control decisions at the edge of a building’s systems. This real-time adaptability ensures that energy is used efficiently and that occupants enjoy optimal comfort. It’s a game-changer in an industry that has long been characterized by rigid, centralized control systems.

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.

Carbon Rivers: Pioneering Sustainable Solutions with Graphene

In a world where sustainability takes center stage, innovative companies like Carbon Rivers, Inc. are leading the charge. This certified small business, headquartered in Knoxville, TN, has been making waves in the field of materials science and recycling. Their latest endeavor involves exploring the potential of graphene as a fish-saving alternative to a toxic compound found in tires.

One of Carbon Rivers’ most remarkable traits is its commitment to forging strong partnerships with key players in East Tennessee, such as the University of Tennessee and Oak Ridge National Laboratory. These collaborations have allowed the company to harness cutting-edge research and development to drive their mission of creating sustainable solutions for various industries.

The focus of Carbon Rivers’ recent research revolves around graphene, a remarkable material with a range of unique properties. As concerns grow over the environmental impact of chemicals leaching from tires into aquatic ecosystems, Carbon Rivers is exploring whether graphene can offer a safer and more sustainable alternative.

Tires have long been a source of pollution, with toxic compounds harming aquatic life. Carbon Rivers aims to change that narrative by developing innovative solutions that not only mitigate harm but also contribute positively to the environment.

By harnessing the power of graphene, Carbon Rivers is on a quest to create eco-friendly alternatives that can be adopted by both the public and private sectors. Their commitment to recycling and composite manufacturing extends to industries such as automotive, energy, safety, and security.

As they continue to explore the potential of graphene and other groundbreaking materials, Carbon Rivers is poised to make a significant impact on the way industries approach sustainability. They are indeed a company to watch, as their research and development efforts promise a brighter and more environmentally conscious 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.

MycoWorks: Pioneering Sustainable Materials with the Power of Mycelium

Biotechnology-startup, MycoWorks, Inc., has initiated production at their first industrial-scale plant in Union, South Carolina. Their research and development efforts are focused on harnessing the power of mycelium, the root structure of mushrooms, to revolutionize the materials industry.

Their new plant represents more than just a facility; it’s a testament to the potential of mycelium-based materials in shaping a more environmentally friendly world. The company is now working to scale up processes to meet luxury industry demand by growing millions of square meters of its leather-alternative material produced with the company’s proprietary technology, Fine Mycelium.

At the heart of MycoWorks’ innovation lies their patented technology, Fine Mycelium™. This cutting-edge process unlocks a new class of materials that seamlessly blend the wonders of nature with the demands of modern industry. These materials are not only sustainable but are also engineered for high performance, offering a glimpse into a resilient and eco-conscious future.

What sets MycoWorks apart is their unwavering commitment to future generations. Every step they take today is driven by the desire to leave a lasting positive impact. Their multidisciplinary team, comprising scientists, engineers, product experts, and artists, works tirelessly to push the boundaries of what’s possible in mycology and materials science.

MycoWorks’ dedication to innovation extends to their manufacturing processes. They are redefining industry standards by creating materials that are not just environmentally friendly but also excel in terms of quality and functionality. Their visionary approach is steering the materials industry towards a more sustainable path.

The use of mycelium-based materials has the potential to transform various sectors, from fashion and construction to packaging and beyond. As industries seek alternatives to traditional, often harmful materials, MycoWorks is providing a powerful solution.

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.

Lux Ice USA: Crafting the Future of Ice with Innovation and $4M in Funding

Colorado Patent of the Month - August 2021

When it comes to enjoying your favorite beverage, the last thing you want is for the ice to water down the flavors or leave an unpleasant taste. Lux Ice, LLC is working to elevate your beverage experience with cool, “craft ice”. This effort is being supported by big moves, including a headquarter relocation and a new CEO.

The company was founded in Bucks County, Pennsylvania. Following a Series A funding round which resulted in a $4 million infusion, the company relocated to Dallas-Fort Worth to a new 50,000-square-foot HQ and manufacturing facility.

After relocation, the company has announced the appointment of Michael Crouse as their new CEO. Crouse is a food and beverage industry veteran, bringing more than 3 decades of commercial and general management experience in both the retail and foodservice sectors. His previous roles included President of U.S. Foodservice at Kraft Heinz and VP/GM of U.S. Supermarkets at the Frito Lay division of PepsiCo. He has replaced founder and CEO Shawn Kilcoyne, who remains as chairman of the company.

Their proprietary freezing process takes the purification of ice to unparalleled heights, ensuring that consumers taste the drink itself, not the ice. With their innovative approach, Lux Ice has mastered the art of crafting high-quality, “craft” ice spheres at scale, and the impact is spreading far and wide.

One of the most remarkable aspects of Lux Ice’s research and development efforts is the ability to produce these ice spheres in large quantities. This means you can now find Lux Ice in your local supermarket, convenience store, liquor store, and various other retail channels. Moreover, it’s making waves in on-premise locations like restaurants and bars, transforming the way we enjoy our beverages when dining out.

Lux Ice’s commitment to quality and innovation extends beyond the ice itself. They are dedicated to reducing waste, with a focus on sustainability in their operations. This approach aligns with the growing demand for eco-friendly and premium products in the market. The future of ice has never looked cooler.

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.