OptoKnowledge Systems, Inc. (OKSI) awarded 2011 Tibbetts Award

Feb. 17, 2011
Torrance, CA--The U.S. Small Business Administration (SBA) honored OptoKnowledge Systems Inc. (OKSI),--whose products range from hyperspectral systems to true color night vision systems--with the 2011 Tibbetts Award at a ceremony held in Washington DC on Feb 15, 2011.
Torrance, CA--The U.S. Small Business Administration (SBA) honored OptoKnowledge Systems Inc. (OKSI),--whose products range from hyperspectral systems to true color night vision systems--with the 2011 Tibbetts Award at a ceremony held in Washington DC on Feb 15, 2011, followed by a White House reception. The award recognized OptoKnowledge’s contributions to Federal Research and Development.

The SBA presents the Tibbetts Award to companies from across the United States selected based on the economic impact of their technological innovations, their ability to meet federal research and development needs, their encouragement of diverse participation in technological innovation, and their overall record of accomplishment in increasing the commercialization of federal research.

This year, OKSI celebrates its 20th year “converting light into knowledge,” solving government, education, and commercial problems and delivering new technologies as turnkey products. This consistent record of accomplishment has led to recognition as one of only forty-four Tibbetts Award winners nationwide. Through the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, a variety of government agencies, including DoC, DoD (Air Force, Army, Missile Defense Agency, Navy), DoE, NASA, and the USDA, have awarded OptoKnowledge Systems, Inc. over 50 Phase-I, 28 Phase-II, and multiple Phase-III contracts. According to the company these programs have led to new and better technologies for warfighters as well as improved agricultural techniques that result in better yields using less pesticides.

“Winning the future requires redoubling our commitment to supporting innovative entrepreneurs like those we honor with Tibbetts Awards,” said Karen Mills, SBA administrator. Congresswoman Jane Harman supported OptoKnowledge Systems, Inc.’s nomination; “(OptoKnowledge’s) dedication to innovation, research and development, and a nimble business model, has enabled OKSI to succeed within both government and commercial sectors.”

Nahum Gat, founder and president of OKSI stated, “we are very proud to have been recognized for our 20 years of ongoing efforts in R&D. The SBIR program provides an excellent opportunity for some of the best and brightest people and companies to make significant technological advances that would otherwise not be possible. The SBIR programs fund innovative companies and support the Administration’s goal (as expressed by President Obama in the recent State of the Union Address) to out–innovate other countries, and invest in science & technology to maintain US technological superiority in this competitive global economy.”

The company is growing and expects to increase in size by 30% in 2011.
Source: OptoKnowledge Systems Inc.
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