Technest Holdings gains U.S. Navy SBIR grant for hyperspectral project
BOSTON, 27 April 2006. Technest Holdings Inc., a defense and homeland security company, has been awarded a Phase I Small Business Innovative Research(SBIR) grant by the U.S. Navy for the development of a real-time, omni-directional, zoom-capable hyperspectral recording and process imaging device: the Omni-Guard. It is the first SBIR grant awarded to Technest, and is based on technologies developed by the company's subsidiary, Genex Technologies Inc.