Talos Tech scores $100K in SBIR funding

The Small Business Innovation Research (SBIR) program, a highly competitive federal program supporting small businesses that engage in federal research or research and development (R/R&D) with commercial potential, has awarded the New Castle startup Talos Tech a $100,000 Phase I Grant, the Delaware Sustainable Chemistry Alliance announced in an email Sunday.

Led by Hansan Liu, Talos Tech spun off from DuPont in 2016 after licensing a proprietary battery material technology from the corporation. Originally located at the University of Delaware’s STAR Incubator at the Delaware Technology Park, the startup, which produces advanced materials for battery manufacturers, is now located at Airport Industrial Park in New Castle.

In Phase I of the three-phase SBIR program, companies are awarded funds to establish the technical merit, feasibility, quality of performance and commercial potential of the proposed R/R&D efforts before to providing further funding. If successful, Phase II funding may be as much as $1 million. Phase III, which does not involved funding, involves pursuing commercialization and potential government contracts.