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Board okays $150,000 in innovation vouchers to circadian-tech and composite-manufacturing firms

Rhode Island Commerce Corporation Board · June 24, 2025
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Summary

The board approved two innovation vouchers totaling $150,000: one for Circadian Positioning Systems to test a circadian-targeted system with Brown Health Lab, and another for Deep Blue Composites to validate a filament-winding process for composite tubes; company founders attended to answer questions.

The Commerce board approved two innovation vouchers totaling $150,000 to support technology development and commercialization in Newport and Bristol.

Staff described the first voucher as a knowledge-provider voucher for Circadian Positioning Systems (CPS) of Newport to partner with the Brown Health Lab to test a circadian-targeted system; the company was represented for questions by Eliza Van Rade (introduced in the public session). Staff said CPS has patents and SBIR data rights and has worked with Navy and other government partners. The second voucher was a manufacturing voucher for Deep Blue Composites in Bristol to validate a multi-axis filament-winding process for high-performance composite tubes; founder Dario Cloud and CTO Stefan Bass were present.

Board members asked technical and partnership questions; staff confirmed both vouchers support R&D that could unlock revenue and hiring. The board approved both vouchers on a voice vote.