The company recently invested $1.2 million in cash for a new 15,000-square-foot facility in Salt Lake City to support its engineering and manufacturing operations. 2. Contract-Based Funding
| Company | Sector | Funding Received | Outcome | |---------|--------|------------------|---------| | | Grid‑scale battery storage | $1.2 M Phase‑II grant + $3 M equity‑bridge loan | Secured a 30‑MW battery contract with a regional utility; raised $15 M Series A. | | MediPulse AI | Digital health diagnostics | $500 k Phase‑I grant | FDA clearance for AI‑driven arrhythmia detection; now in 150 clinics. | | AddiForm Robotics | Advanced manufacturing | $2 M matched‑funding co‑investment | Built a pilot line for additive‑manufactured aerospace components; $12 M in orders from OEMs. | colmek funding
: Continued support for ruggedized computing and signal processing for government clients. The company recently invested $1
