Defense TechConnect's six Innovation Challenges feature "Shark Tank"-style pitches by startups, universities and national labs competing for more than $500,000 in total prizes and access to more than $50 billion in prototype-level contracting authority for government customers.
WASHINGTON, Sept. 29, 2022 /PRNewswire-PRWeb/ -- Advanced Technology International (ATI), TechConnect and four medtech industry consortia today announced the seven winners of the 2022 Medical Innovation Challenge as well as an eighth winner from innovations created by students. Selected from a field of 25 finalists, winners were presented a total $250,000 in cash prizes at the Defense TechConnect (DTC) Innovation Summit & Expo, the nation's largest annual gathering of non-traditional, dual-use emerging technologies aligned with government priority requirements.
Each winner presented its innovation during the conference's "Shark Tank"-style pitching; finalists were given eight minutes to present to industry and government leadership aligned with participating contracting vehicles.
The seven winners and their innovation challenges are:
- Darwin Biosciences, Inc., Boulder, Colo.: A portable, saliva-based diagnostic tool for the pre-symptomatic detection of infection, called SickStick, that reads molecules in human saliva derived from the earliest immune response.
- Limax Biosciences, Inc., Somerville, Mass.: An innovative, degradable, adhesive hydrogel for advanced bleeding with strong and rapid adhesion to wet tissue surfaces at 10-100x higher the strength of competitors.
- Matregenix, Irvine, Calif.: An innovative platform technology for soft-tissue repair, called MatriNova, that features a programmable non-biologic, antimicrobial, hybrid-scale fiber matrix engineered to be similar to a human extracellular matrix and maintains tensile strength with flexibility.
- SafeBeat Rx, Chico, Calif.: A first-of-its-kind, home-based, antiarrhythmic drug initiation kit that replaces a hospitalization, which is typically required to initiate oral drugs for atrial fibrillation.
- Sana Health, Inc., Sandy, Utah: An neuro-modulation device that provides anxiety relief on demand by using audiovisual stimulation to increase the balance between the left and right sides of a patient's brain.
- Sense Neuro Diagnostics, Cincinnati, Ohio: An innovative, non-invasive technology that enables rapid, comprehensive detection of stroke subtype and traumatic brain injuries as well as continuous brain injury monitoring.
- Sonogen Medical, Inc., Chevy Chase, Md.: An ultrasonic bone growth stimulation device that optimizes bone fracture healing while providing real-time feedback on both patient compliance and the fracture healing process.
The winning student submission and its innovation are:
- Eclipxe, San Francisco, Calif.: A mobile app with music designed with research and organized by mood and genre that decreases depression, anxiety and any other mental health related issue.
DTC's Medical Innovation Challenge is aligned with four medtech consortia representing more than $20 billion in health technology contracting authority: Medical CBRN Defense Consortium (MCDC), Countering Weapons of Mass Destruction Consortium (CWMD), Medical Technology Enterprise Consortium (MTEC), Senior Healthcare Innovation Consortium (SHIC). This year's challenge featured several areas of interest, including: devices and sensors, digital and hardware, therapeutics and treatments, materials and manufacturing, and readiness and response. Administrators of the challenge encouraged applications from transformative healthtech and biotech innovators representing dual-use solutions for both civilian and national security applications.
DTC features six Innovation Challenges in energy and infrastructure, medical and biodefense, autonomy and air mobility, data and digital transformation, security and intelligence, and training and readiness. This year's six challenges attracted nearly 800 submissions competing for a total $500,000 in cash prizes and access to more than $50 billion in prototype-level contracting authority for government customers.
Held Sept. 27-29, 2022, at Gaylord National Hotel & Convention Center in National Harbor, Md., DTC is the nation's largest annual gathering of non-traditional, dual-use emerging technologies aligned with government priority requirements. The winner of each Innovation Challenge, in addition to a cash prize, is invited to join a consortium led by DTC's parent company, ATI, the country's leading technology consortium management firm and one of the single largest funders of prototype-level innovations for its government customers and the nation.
About Defense TechConnect
The Defense TechConnect (DTC) Innovation Summit & Expo is the nation's largest annual gathering of non-traditional, dual-use emerging technologies aligned with government priority requirements. A unique bridge between private sector innovation, commercialization and government acquisition, DTC accelerates the identification and deployment of novel technologies through rapid access of vetted startups and emerging academic and federal lab innovations. In its 10th year accelerating innovation for the nation and America's Warfighter, DTC features 500 innovations and exhibitors and is one of the most well-attended defense innovation conferences of the year. DTC's attendees include military leadership, more than 250 DoD/SES/PEO scouts, representatives from over 50 contracting offices and hundreds of active duty service members. DTC is proud to be one of the original innovation hubs to support the Department of Defense and its missions. For more information, visit https://events.techconnect.org/DTCFall.
With 25+ years of experience connecting emerging technologies with unique funding and partnership opportunities, TechConnect boasts the most robust research and innovation network in the world. It employs a broad scope of tools to deliver top technologies, including open innovation programs, conferences, and open-access publications. Each year, TechConnect prospects, vets, and connects thousands of emerging technologies with corporate, investment, municipal, and national defense clients. TechConnect is a division of Advanced Technology International. techconnect.org
About Advanced Technology International
ATI, a public-service nonprofit based in Summerville, S.C., builds and manages collaborations that conduct research and development of new technologies to solve our nation's most pressing challenges. Fueled by a community of experts from industry, academia, and government, ATI accelerates impact by using the power of collaboration to help the federal government quickly acquire novel technologies. ATI is a subsidiary of Analytic Services, Inc. (ANSER), a public-service research institute organized as a nonprofit corporation, which is dedicated to informing decisions that shape the nation's future. ATI.org
Michael Tebo, Gabriel Marketing Group (for TechConnect), 571-835-8775, [email protected]