CTSi has long standing and successful track record in winning Small Business Innovation Research (SBIR) contracts and then converting them into follow-on phases. We're particularly proud of our 80% conversion rate of Phase II to Phase III.
Through these SBIRs, we've developed a number of technologies related to our core competencies of hardware, software, and aerospace engineering – leveraging the varied skill sets of our employee base to solve unique and unusual problems.
We often partner with universities and other companies on SBIRs in order to bring in other viewpoints that naturally foster innovation, enhance technical expertise, and strengthen the probability of a win. Yet another reason we've been successful at converting 60% of our Phase I SBIRs into follow-on phases.