Show me the money...

Posted by Expert Gadget Reviewer on Wednesday, 28 October 2009

The "stimulus fairy" has sprinkled federal stimulus money to five Bay Area companies and one university, all which focus on "high risk" energy technology . Recipients of the most recent awards are:
  • Envia Systems of Hayward - $4 Million
  • NanOasis Technologies of Richmond - $2 Million
  • PAX Streamline of San Rafael - $3 Million
  • Porifera in conjunction with Lawrence Livermore National Labs - $1 Million
  • Stanford University - $5 Million
The money was initialy designated under the Advanced Research Projects Agency - the actual funding for the programs came from $400 Million in Federal Stimulus money.