Viaspace announced this morning that its subsidiary, Viaspace Security, has received funding on its contract from L3 Communications for the integration of software, the integration of hardware and final testing of the Advanced Container Security Device (ACSD). The ACSD program is funded by the US Department of Homeland Security.
Viaspace Security is actively pursuing port and container security opportunities as part of its overall objective to develop high-performance, real-time inference and sensor data fusion-based solutions leveraging SHINE technology. The division has an exclusive license from Caltech to commercialize the SHINE engine technology for major applications including maritime security, homeland defense and diagnostics/prognostics.
The United States relies on 13 to 15 ports to handle its imports and exports, which total to over $1.3 billion worth of goods moving in and out of US ports every day. Approximately 2 billion tons of cargo are moved annually and it has been estimated that the number will double in the next 15 years.
AJ Abdallat, President of VIASPACE Security, commented, “We are delighted to be continuing our efforts in support of L3 Communications and the Department of Homeland Defense on this critical port and container security program. We see this as a tremendous opportunity for VIASPACE Security. We believe that our sensor data fusion technology will play a key role in technology solutions to improve the security of seaports and cargo worldwide. We are also using our proprietary technology and system design capabilities to develop leading edge maritime security solutions and establish a leadership position in this growing market.”
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