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MegadealsSubsidy Tracker Individual Entry
Company: Other Lab, Inc.
Parent Company:
Subsidy Source: federal
State in Which Facility Is Located: California
Project Description: OTHERLAB- BASE AWARD CONTROL #1954-1586 PROJECT TITLE: SEASTAR: SELECTIVE THALASSIC AMBULATORY RETRIEVER (STAR) THE RECIPIENT PROPOSES TO DEVELOP A NODULE COLLECTOR CALLED THE SEASTAR, A LARGE PLATFORM ATTACHED TO A VACUUM FUNNEL THATS RINGED BY ROBOT ARMS. GROWTH, ELECTRIFICATION, AND INCREASED INSTALLATION OF RENEWABLE ENERGY IS DRIVING SIGNIFICANT INCREASES IN WORLDWIDE DEMAND FOR METALS LIKE MANGANESE, NICKEL, COPPER, AND COBALT. THIS INCREASE IN COMMODITY PRICES AND PROJECTED DEMAND HAS DRIVEN INTEREST IN EXPLORING NEW SOURCES OF MINERALS SUCH AS DEEP SEA MINING. THE ABYSSAL PLAIN CONTAINS LOCATIONS OF CONCENTRATED DEPOSITS OF POLYMETALLIC NODULES, 3-20CM DIAMETER METALLIC SECRETIONS WHICH ARE A YET-UNTAPPED RESERVE OF RELEVANT MINERALS THAT ARE 6KM UNDERWATER.
Year: 2020
Subsidy Value: $498,615
Program Name: Advanced Research Projects Agency - Energy
Catalog of Federal Domestic Assistance code: 81.135
Awarding Agency: Department of Energy
Type of Subsidy: federal grant
Source of Data:
(click here)
Notes: Year is first year of award performance period. Subsidy value is cumulative obligated total to date. Program name is per the Catalog of Federal Domestic Assistance code.
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