SBIR-STTR-Success: FarSounder, Inc.
Transitioning a government-funded technology to the commercial market is one of the many ways in which success is measured through SBIR. For FarSounder, the high-end yacht market proved to be the perfect sector to sell its 3D sonar navigation and obstacle avoidance technology with the potential of adoption for the U.S. Department of Defense's fleets. The company’s navigation system allows users to navigate polar environments, shallow reefs and shoals with safety, enabling vessels to enter the most secluded waterways. It is used by clients in a variety of sectors including defense, commercial and private. Currently, their navigation systems range from $100,000 – $200,000.
Shortly after its work for DOD, FarSounder was approached by DHS to work on a 3D sonar system for underwater threat detection. The Ship Protection System, as it is called today, provides vessels with 360-degree protection while at anchor. Its ability to monitor large areas for underwater threats regardless of the water clarity has caught the eye of many private ship owners all over the world, who seek the very best in security. This fixed installation system (no moving parts) has detection, tracking, classification, and alarm algorithms with seamless operator interface.
FarSounder continues to work on new technology and solutions for its clients. The sonar's latest capabilities focus on Local History Mapping™. This realtime technology, provides insight on where the ship has been, and where it is going. The company envisions applications of this software to be used in diverse sectors, including marine transportation, fisheries, defense missions and scientific research.