Veritone Awarded $1.3 Million to Enhance Satellite Imagery Analysis
September 17, 2020 | Business WireEstimated reading time: 1 minute
Veritone, Inc., the creator of the world’s first operating system for artificial intelligence, aiWARE™, announced that it has been awarded key subcontracts under a U.S. Air Force project that will use Veritone’s aiWARE artificial intelligence (AI) operating system to increase the speed and accuracy of overhead imagery analysis.
AFWERX, the Air Force’s innovation unit, awarded a Phase II contract under the Small Business Innovation Research (SBIR) program to prime contractor alYnmnt. Veritone has been awarded subcontracts for software license and technology development services totaling $1.3 million in support of this program.
The Air Force Research Laboratory and AFWERX have partnered to streamline the SBIR process in an attempt to speed up the experience and broaden the pool of potential applicants.
“Veritone is thrilled and honored to be part of the team that won this contract from one of the most respected and technologically advanced U.S. government agencies,” said Chad Steelberg, CEO of Veritone. “This is a further testament to the power of our world-class AI Operating System, aiWARE, which orchestrates a diverse ecosystem of machine learning models to transform audio, video, text and other data sources into actionable intelligence.”
Under the terms of the Phase II contract, alYnmnt will develop software integrated with Veritone aiWARE to process overhead imagery using the optimal combination of AI object detection engines. The contract expectation is that aiWARE will significantly increase the speed, accuracy, throughput and productivity of imagery analysts by pre-processing intelligence imagery and video with object detection engines.
“This is a massive win for Veritone aiWARE,” said Jon Gacek, Head of Government, Legal and Compliance at Veritone. “We expect the Phase II project to be a big success for our country and its national security.”
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