Coreform LLC is fastest-growing CAE company in 2021 Inc. 5000
Coreform secures three new R&D investments
Published: 10 August 2018
SILICON SLOPES, UT 4 May 2018 — Coreform LLC was recently awarded three new federal and state contracts and grants to advance the commercialization of its groundbreaking Computer-Aided Design (CAD) and Computer-Aided Engineering (CAE) U-spline technology
- A Phase II SBIR from the United States Department of Energy
- A Phase II SBIR from the United States Naval Air Systems Command
- A Technology Acceleration Program (TAP) grant from the Utah Science Technology and Research Initiative (USTAR)
Each of these funding programs is highly competitive, and submissions are vetting for both technical promise and business potential. Coreform was granted these contracts based on the promise of its patent-pending U-spline technology and the strength of its experienced leadership team. Each contract will advance certain fundamental aspects of the U-spline technology while also addressing key applications of U-splines, such as integrating CAD and CAE and streamlining high-end structural dynamics simulation for automotive and other applications.
"It's gratifying to see an increasing number of organizations recognize the need for a new technology capable of enabling truly integrated CAD/CAE and opening doors to new workflows, significant time savings, and higher accuracy," said Matthew Sederberg, Coreform CEO. "These contracts will build on a strong foundation of public and private partners funding the development of products based on Coreform's commercial isogeometric analysis technology."
The USTAR TAP grant is a competitive grant designed to accelerate technology commercialization, shortening the traditional development phase and enabling Utah companies to compete for private capital sooner.
"Coreform's U-spline technology offers promising applications across a variety of sectors ranging from the car you drive daily to work to advanced military aircraft. The TAP award is indicative of the company's successful performance to-date as well as representative of the technology's potential to generate economic growth in Utah," said Ivy Estabrooke, Ph.D., executive director of USTAR.
Coreform is actively hiring additional researchers and programmers to join its world-class team and create the first native isogeometric analysis software, which promises higher accuracy and time savings over traditional FEA techniques. Please visit the Coreform careers page to learn more.
The Utah Science Technology and Research Initiative (USTAR) is the state's technology-based economic development agency. USTAR serves as a catalyst to develop ideas and research into marketable products and successful companies through its competitive grant and entrepreneur support programs. USTAR propels Utah's economy forward by supporting innovation and entrepreneurship, particularly in the non-IT science and deep technology clusters. USTAR facilitates the diversification of the state's tech economy, increases private follow-on investments, and ensures more companies successfully launch and survive the initial technology development and incubation stages, or the so-called "Valley of Death." In doing so, USTAR helps create a rich innovation ecosystem that grows the state's economy, tax revenue, and workforce. For more information, visit www.ustar.org.
Established in 1966 as the successor to the Navy's Bureau of Naval Weapons, the Naval Air Systems Command (NAVAIR) is headquartered in Patuxent River, Md., with military and civilian personnel stationed at eight locations across the continental United States and one site overseas. NAVAIR's mission is to provide full life-cycle support of naval aviation aircraft, weapons and systems operated by Sailors and Marines. This support includes research, design, development and systems engineering; acquisition; test and evaluation; training facilities and equipment; repair and modification; and in-service engineering and logistics support.
About DOE Advanced Scientific Computing Research (ASCR) program
The Advanced Scientific Computing Research (ASCR) program mission is to discover, develop, and deploy computational and networking capability to analyze, model, simulate and predict complex phenomena important to the Department of Energy and the advancement of science.