Machfu, an industrial Internet of Things technology company, announced today that it has been awarded the Small Business Innovation Research (SBIR) Phase II grant for $1M by the Department of Energy (DOE). Machfu won the Phase I award in 2016.
The funding will further Machfu’s work in developing a tool set that enables rapid innovation and integration into grid systems and distributed energy systems. As demands on existing infrastructure continue to increase, the modernization of the energy grid through new, more efficient technologies is becoming more and more necessary.
Machfu’s efforts under Phase II will bridge the gap between information technology and operational technology, while supporting both legacy and new protocols and infrastructures. This will allow domain experts (who are not experts in the underlying protocols and technologies) to quickly and efficiently define applications, customize and deploy the technologies in a scalable way to benefit the grid operation. Machfu’s technology incorporates important security protocols that work with legacy and new practices and workflows.
“We are excited to be awarded the Phase II grant by DOE. With this investment, we will be able to bring intelligence to the grid edge that can result in several new and novel applications, leading to increased reliability and security for the grid” said Tim Winter, Machfu’s Chief Technology Officer. “Our simple but transformational idea and guiding principle is that developing and maintaining applications and deploying infrastructure for the smart grid should be as easy as it is in the desktop or smartphone world.”