Inventwood Inc.

Inventwood LLC: New Award Control Number: 2641-1657 Scaleup 2021 Project Title: Carbon Sequestration and Climate Resiliency via Super Wood This Cooperative Agreement Is Hereby Awarded to Inventwood LLC to Massively Decarbonize Buildings and Enable Them to Sequester Carbon by Scaling Up a Game-changing Wood Material, Mettlewood, That Is 60% Stronger Than Construction Grade Steel But 80% Lighter, 50% Cheaper, and More Sustainable.

Committed

$20.0 Million

Paid to

Inventwood Inc.

UEI LA9LCVM7HMK5

4467 Technology DR RM 3104, College Park, MD, 20742

Department of Energy

Place

COLLEGE PARK, MD, UNITED STATES

MD-04

Performance

Mar 17, 2023 → Mar 16, 2026

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 Energy

Advanced Research Projects Agency - Energy to

Inventwood Inc.

Committed

$20.0 Million

Paid to

Inventwood Inc.

UEI LA9LCVM7HMK5

4467 Technology DR RM 3104, College Park, MD, 20742

Department of Energy

Place

COLLEGE PARK, MD, UNITED STATES

MD-04

Performance

Mar 17, 2023 → Mar 16, 2026

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 ↗