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NetRise Secures AFWERX Phase II Contract

In a significant development for national security, NetRise, a leader in software visibility, has been awarded a Phase II Small Business Technology Transfer (STTR) contract by AFWERX, valued at $1.8 million. This contract focuses on innovative technologies aimed at addressing crucial challenges within the Department of the Air Force (DAF).

NetRise’s platform enhances companies’ abilities to inventory and control their software assets while also enabling them to proactively detect and respond to software-related risks. The decision to select NetRise underlines the growing recognition of the need for advanced security measures amidst increasing cyber threats.

The collaboration with AFWERX places NetRise at the forefront of efforts to streamline the U.S. military's cybersecurity framework. This initiative falls under the Open Topic SBIR/STTR program, which began in 2018 with the intent to broaden the scope of innovations funded by the Department of the Air Force. With this program, the DAF aims to expedite the process from proposal to contract award, thereby allowing rapid development and implementation of cutting-edge technologies.

CEO Thomas Pace expressed his appreciation of the award, noting that it underscores the company's commitment to safeguarding national defenses. “This contract stands as a pivotal moment for NetRise,” he stated. “We are honored to partner with the Department of the Air Force in our shared commitment to fortifying the nation's defenses. Our expertise will contribute significantly to minimizing software risks and enhancing supply chain resilience, thereby protecting the United States from potential cyber attacks.”

The efforts by NetRise are crucial, particularly at a time when cyber warfare is an escalating concern. By focusing on software supply chain security, the company aims to provide comprehensive solutions that can reinforce the infrastructure upon which national defense relies.

About NetRise
Headquartered in Austin, Texas, NetRise was founded by experienced professionals dedicated to solving pervasive security issues within the software supply chain. The company collaborates with various sectors including manufacturing, automotive, healthcare, and industrial control systems, ensuring that their solutions can address unique challenges across diverse applications.

About the Air Force Research Laboratory (AFRL)
The AFRL is instrumental in leading research and development for the Department of the Air Force. With a workforce composed of over 12,500 personnel specializing in numerous technology fields, it is committed to discovering, developing, and integrating cost-effective technologies for the Air Force's operations.

About AFWERX
AFWERX serves as the innovation hub for the DAF, striving to harness American ingenuity from small businesses and startups. Managing a substantial annual budget and previously executing over 6,200 contracts, AFWERX plays a vital role in strengthening the defense industrial base and accelerating technology transitions to operational capabilities.

As NetRise embarks on this new chapter, the focus will remain on developing strategies that not only secure software assets but also contribute significantly to the nation’s security landscape.

For more information, visit NetRise's website.