Federal grant · cooperative agreement (b)

Octave Photonics LLC

Purpose: Octave Photonics Seeks to Develop a New Measurement Tool for Critical Metrology in the Semiconductor Fabrication That Can Analyze Airborne Contaminants and Toxic Gases Inside and Outside the Fab That Lead to Semiconductor Processing Defects and Safety Infringements. Activities to Be Performed: the Awardee Will Design a Photonic Integrated Circuit, Measure Baseline Performance, and Integrate Their Module Within a Commercial Sensing System. Expected Outcomes: the Infrared Spectrometer System, Integrated Into a Larger Commercial Instrument, Will Improve Wafer Yields, Improve Chip Performance, and Ensure Long-term Environmental Sustainability for Fabs. Intended Beneficiaries: U.s. Fabrication Facilities. Subrecipient Activities: the Recipient Plans to Subaward Funds to Integrate Their New System Within the Subrecipient's Commercial Instrument.

Committed

$504,014

Paid to

UEI LZ6FL88D3NK3

325 W South Boulder RD, Louisville, CO, 80027

Department of Commerce

National Institute of Standards and Technology

Place

LOUISVILLE, CO, UNITED STATES

CO-02

Performance

Oct 1, 2024 → Sep 30, 2027

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal grant · cooperative agreement (b)

Department of Commerce

National Institute of Standards and Technology

CHIPS Research and Development to

Octave Photonics LLC

Committed

$504,014

Paid to

Octave Photonics LLC

UEI LZ6FL88D3NK3

325 W South Boulder RD, Louisville, CO, 80027

Department of Commerce

National Institute of Standards and Technology

Place

LOUISVILLE, CO, UNITED STATES

CO-02

Performance

Oct 1, 2024 → Sep 30, 2027

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗