Federal grant · project grant (b)

Praevium Research Inc

Manufacturable and Reliable Electrically Pumped Micro-electromechanically Tunable Vertical Cavity Surface Emitting Lasers for Low-cost Ophthalmic Swept Source Optical Coherence Tomography

Committed

$1.5 Million

Paid out
$8.9K
<1%
Committed, not yet paid
$1.5M
99%

How to read these numbers

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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.
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The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗