Mass Ventures Awards PSI a Stage II 2017 START Program

Boston – MassVentures recently announced the 2017 START (SBIR Targeted Technologies) program winners. Each START winner will receive a grant to help grow employment opportunities, promote manufacturing and commercialization, and stimulate innovation across the Commonwealth. The winning companies span the state and the technology sector, from robotics to clean energy to defense.

For over 40 years, Physical Sciences Inc. (PSI) has provided technology solutions and innovative products to government and commercial customers. PSI’s employee-owners continue to grow the company across a range of markets applying emerging science to important problems and play an important role in the development and transition of advanced technology from the laboratory to commercial and government use. “Stage I funding provided PSI with the ability to form strategic alliances that enabled our PERM detection technology to compete in the Radiation Portal Monitor market and establish initial production capability. Stage II funding will enable us to expand our production capability while entering the mobile and military detector markets.”

For the whole story: MassVentures Announces $3.4 million in 2017 START Program Funding

For more information, contact:

Dr. Bill Marinelli
Executive Vice President, Defense Systems
Physical Sciences Inc.
Telephone: (978) 689-0003