Tulsa-based 3DIcon Corp. says a favorable appraisal from the Oklahoma Center for the Advancement of Science and Technology clears the way for 3DIcon to receive another $149,992 grant in 2010.
The second grants brings 3DIcon two-year total to $299,932.
3DIcon, developing a three-dimension projection and display technologies, recently completed an OCAST performance evaluation.
“The evaluation encompassed ten areas of research progress and 10 areas of business financial/economic impact,” said Hakki Refai, 3DIcon’s chief technology officer. “3DIcon received several ‘excellent’ ratings, including this conclusion: ‘No deficiencies or concerns; project highly viable.’ We are extremely pleased with OCAST’s report.”
OCAST is a state agency established to foster innovation in existing and developing businesses in Oklahoma. OCAST’s funding comes from general revenue appropriated by the legislature each year.