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Neptec to Develop LiDAR Sensor Tech Under Navy Contract

Neptec to Develop LiDAR Sensor Tech Under Navy Contract - top government contractors - best government contracting event

Neptec to Develop LiDAR Sensor Tech Under Navy Contract - top government contractors - best government contracting eventNeptec Design Group has received a potential $15 million contract from the U.S. Navy to develop a light detection and ranging pose sensor technology.

The Defense Department said Tuesday the contract has an initial value of $13.7 million and will reach its full potential value if the service branch exercises a 29-month option.

Work will occur in Ontario, Canada through April 20, 2020.

The Naval Research Laboratory competitively sourced the award and obligated $1 million in fiscal 2017 research, development, test and evaluation funds.

Neptec produces LiDAR systems, infrared cameras and metrology instruments designed for space exploration missions.

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Written by Nichols Martin

a staff writer at Executive Mosaic, produces articles on the federal government's technology and business interests. The coverage of these articles include government contracting, cybersecurity, information technology, health care and national security.

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