Melbourne, Fla. (May 27, 2010) – Florida’s Technological Research and Development Authority (TRDA) announces that seven small technology-based companies have been selected to participate in its Aerospace Technology Commercialization Assistance Program (CAP) for 2010.  The program is designed to aid small businesses move their NASA sponsored technologies to the marketplace.

Through the CAP, participating companies will receive TRDA’s assistance in analyzing consumer, industry and government markets, before crafting overall commercialization strategies for infusion to federal agencies and distribution to specific industry sectors.  With a collaborative approach, CAP supports small R&D and manufacturing companies in preparing marketing plans, connecting with  end-use partners, large industrial firms or government systems integrators, and identifying and accessing capital sources.

“TRDA Aerospace Technology Commercialization Assistance Program is a perfect way to help small businesses with promising technologies mature and evolve into venture capital ready companies” said Chester J. Straub, Jr., executive director of the TRDA.  “Such companies help advance the mission of the federal space program and contribute to Florida’s and the nation’s economic growth and improve our competitiveness in the global marketplace.”

Companies selected to participate in the CAP, and their technologies, include:

• Accelogic LLC (Weston, Florida) – Computational accelerator for super computers and desktop computers
• Aerotonomy Inc. (Lithia Springs, Georgia) – Aircraft design evaluation system
• APECOR (Orlando, Florida) – Electrical power controller
• CFD Research Corp. (Huntsville, Alabama) – Credit card size automated medical lab
• Geocent LLC (Stennis Space Center, Mississippi) – Software for processing remotely-sensed data
• Reisz Engineers (Huntsville, Alabama) – Electron-accelerated propulsion system
• Sol-gel Solutions (Gainesville, Florida) – Miniaturized bacteria, odor and virus removal device

The CAP is a commercialization component of the Space Alliance Technology Outreach Program (SATOP), which provides free assistance to small businesses with technical challenges through the expertise of the program’s Alliance Partners — more than 25 aerospace companies and universities involved in the U.S. Space Program.

Support for SATOP and CAP is provided in part by the National Aeronautic and Space Administration.

About TRDA

Launched in 1987, the TRDA is a technology-based economic development organization with an emphasis on business incubation, clean technology, education and technology commercialization and transfer.  By leveraging national, state and local resources, for both the public and private sectors, TRDA infuses new technology into businesses and education and helps to strengthen the economy of Florida and the nation. For more information, visit www.TRDA.org.

About SATOP

The Space Alliance Technology Outreach Program (SATOP) is a cooperative program between economic development organizations in Florida (TRDA), New Mexico (Regional Development Council of Santa Fe), New York (Greater Syracuse Regional Chamber of Commerce), and Texas (Bay Area Houston Economic Partnership).  SATOP is a free service designed to provide technical assistance and speed the transfer of space technology to the private sector.  For more information, visit www.SpacetechSolutions.com.

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Program Contact:        Bernard Zuzo

                                    TRDA

                                    321-872-1050 x-108

                                    bzuzo@trda.org