ScanTech wins Chesapeake Innovation Center contest
Company, developer of X-ray technology capable of detecting uranium, explosives, and drugs, wins $50,000 but declines to put down roots in Maryland; other finalists include TIRF Technologies, Armada Group, and Riverglass
Although Homeland Security Daily Wire is proud to sponsor the Global Security Challenge, a London-based business plan competition, we are not so parochial that we wish to downgrade the accomplishments of other similar programs. Indeed, for the past year we have been encouraging readers to enter a contest (prize: $50,000) sponsored by the Chesapeake Innovation Center (CIC) in Maryland, and the time has come for us to announce a winner: the Georgia Tech University-affiliated ScanTech Holdings, developed an X-ray technology that can detect explosives, uranium and drugs. “We can shine enough here that our technology will be noticed in D.C.,” said ScanTech CEO Dolan Falconer, noting also that although the company has the right as the winner to relocate to space at the CIC, it probably would not do so. And why should it? The company has shown succes enough, recently signing a licensing deal with Lockheed Martin.
The other CIC finalists were: TIRF Technologies, whose devices can detect thousands of biological threats by a single molecule and which was also a finalist in the Global Security Challenge; Armada Group, for a Web search engine that allows law enforcement agencies to share information on suspects and cases; BioDefense Corp., whose clothes dryer-size device can irradiate biologically contaminated mail; and RiverGlass Inc., whose software can collect and merge vast amounts of data from disparate sources.
-read more in Allison Connolly’s Baltimore Sun report
