(Pittsfield, MA) – ATOMIQ, a leader in innovative technology solutions, proudly announces its victory in Phase 1 of the Department of Energy (DOE) Lab Match Award. This prestigious award, part of the DOE's Office of Technology Transitions (OTT) initiative, recognizes ATOMIQ's commitment to advancing national laboratory intellectual property (IP) into the commercial market.
The Lab Match Award is a three-phase competition designed to accelerate the commercialization of groundbreaking technologies developed in U.S. National Laboratories. ATOMIQ secured this award through its robust plan for licensing and commercializing aerospace IP developed by Sandia National Laboratories.
"We are honored to be recognized by the DOE in this competitive program," said Johni, VP of Operations of ATOMIQ. "This award underscores our dedication to leveraging cutting-edge research to create impactful solutions in the aerospace sector."
Phase 1 of the Lab Match Award, known as the Commitment Phase, required competitors to select available IP from one of the participating National Laboratories and develop a viable licensing and commercialization plan. Each winning team received $2,500 in cash prizes and the opportunity to advance to Phase II, the Plan Phase, where they will create comprehensive engagement plans outlining actionable steps, partnerships, and timelines for their commercialization efforts.
Dr. Vanessa Chan, DOE Chief Commercialization Officer and Director of the OTT, expressed excitement about the program's potential: "The Lab Match prize is another example of how our Labs and OTT are helping bring innovative ideas to market. We are thrilled to support these teams as they work to commercialize DOE's IP."
ATOMIQ will now compete in Phase 2, aiming to develop detailed strategies for bringing its selected aerospace technology to market. Successful teams from this phase will receive $30,000 and proceed to the final Action Phase, where they will demonstrate significant progress in commercialization efforts and compete for a grand prize of $100,000.
About the Lab Match
The Lab Match Award is part of the DOE's broader efforts under the American-Made Challenges program, which connects entrepreneurs with National Laboratories to fast-track clean energy innovation through prizes, training, and mentorship.
For more information about ATOMIQ and its innovative solutions, please visit www.atomi-q.com. To learn more about the DOE's Lab Match Award and other OTT initiatives, visit DOE Lab Match Award.