U.S. Navy Awards Grant to Technest Holdings

April 26, 2006

Technest Holdings, Inc. has been awarded a Phase I Small Business Innovative Research (SBIR) grant by the U.S. Navy for the development of a real-time, omni-directional and zoom capable hyperspectral recording and process imaging device, the Omni-Guard. This is the first SBIR grant awarded to Technest, and will be based on technologies developed by the company's wholly owned subsidiary, Genex Technologies, Inc. Designed for the Navy's Intelligence, Surveillance, and Reconnaissance (ISR) operations, the Omni-Guard will, among other applications, be used on Navy platforms for target detection purposes. The Omni-Guard is designed to quickly search for a specific target within global view and provide a detailed image of the target through its advanced zoom and scanning mechanism. The proposed hyperspectral camera system combines uniquely configured optical structure and system components into a payload package that is both lightweight (less than 2 pounds) and small in size (a cylinder less than 6 inches in diameter by 7 inches in height). The system's design will include a number of major innovations to achieve its compact, highly reliable and dual field of vision (FOV) capabilities.

U.S. Navy Awards Grant to Technest Holdings

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