This Other Transaction IDV contract was awarded in FY2024 on Sep 6, 2024 to AELUMA, INC. by Defense Advanced Research Projects Agency. There have been $2M in obligations to date with a ceiling value of $11.7M, showing a 17% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 3 year duration with ultimate completion date of Sep 6, 2027.
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