Veracity Forecasting and Analysis Awarded Phase I Small Business Innovative Research Contract

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Veracity Forecasting and Analysis

We are excited to begin work in this important area, and anticipate developing a long relationship with AFRL

Alexandria, VA (PRWEB) April 02, 2014

Veracity Forecasting and Analysis (Veracity) is proud to announce the award of a Phase I Small Business Innovative Research (SBIR) contract to support the United States Air Force Research Laboratory (AFRL) under topic AF141-091, “Physics-based modeling of solid rocket motor propellant.”

"We are delighted the Air Force selected Veracity Forecasting and Analysis as a recipient of a Phase I SBIR award. Through this selection the Air Force has recognized the quality and experience of our team, and our proven capability in the field of solid rocket motor modeling. We are excited to begin work in this important area, and anticipate developing a long relationship with AFRL," said Michael Webb, Veracity’s Vice President of Science and Engineering.

Shrinking defense budgets are driving the requirement to sustain the existing Air Force Solid Rocket Motor (SRM) fleet well beyond its designed service life. Increasing the accuracy of SRM predictive modeling tools is one of the keys to extending the service life of fielded SRMs. For much of the 50+ year history of the SRM industry, researchers and engineers have used simple models based on laboratory data to predict the performance of aging SRM materials in the field. Recent advances in computing hardware and simulation techniques have demonstrated the feasibility of replacing these simplified forecasting approaches with higher fidelity physics-based modeling tools. AFRL’s SBIR topic “Physics-based modeling of solid rocket motor propellant” provides the opportunity to improve the predictive modeling capabilities of the SRM community.

About Veracity

Veracity Forecasting and Analysis is an emerging small business that develops predictive analytic methodologies, prototypes computational forecasting tools, and leverages those tools to improve decision-making. Veracity delivers unquestionable integrity, rigor, and precision in meeting its customers' analytical needs. Veracity is committed to providing enterprise leaders with critical tools to inform high-stakes decisions that maximize the value of scarce resources. Visit VeracityFA.com for more information.

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