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Can confirm. Most government agencies have the SBIR program which funds 6 months of work for $100k. A phase II is $750k for 2 years. The Phase I is typically TRL 3/4 (though I've had a TRL 2 contract before). You'd be surprised what you can get done on such a small budget.

Edit: This was an aerospace company too



Having worked in aerospace on SBIRs contracts for a period, I can testify that we delivered PowerPoint vaporware for that level of funding.




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