MEMCOMPUTING, INC. — National Aeronautics and Space Administration SBIR Phase I: S5

MEMCOMPUTING, INC. — SBIR Phase I award from National Aeronautics and Space Administration.

Amount
$122,385
Agency
National Aeronautics and Space Administration
Program / Phase
SBIR · Phase I
Topic
S5
Solicitation
SBIR_21_P1
NAICS
Place of performance
CA
Period
2021-05-06 → 2021-11-19

Description

MemComputingrsquo;s technology is disrupting the high-performance commercial computing industry by dramatically reducing the time to find solutions to the most complex optimization problems across all industries today. Using a physics-based approach, MemComputingrsquo;s novel circuit architecture liberates users from current computational bottlenecks, enabling companies of all sizes to accurately analyze huge amounts of data in minutes or seconds, empowering them to make optimal business decisions quickly.nbsp;MemComputingrsquo;s Software-as-a-Service platform, called the Virtual MemComputing Machine (VMM), is currently being used today by Fortune 500 companies, and is designed to solve the largest and most complex industrial computations associated with optimization, big data analytics, and machine learning. Obtaining optimal solutions in a faster time frame using a fraction of todayrsquo;s required resources not only results in significant cost savings, but also opens the door for greatly improved operational efficiencies.nbsp;Studies of the MemComputing platform demonstrate that MemComputing delivers the power expected of Quantum Computers, with its non-Quantum solution. MemComputing boasts 17 peer-reviewed scientific papers, published in prestigious scientific journals, as well as 2 issues patents.nbsp; nbsp;