VIASPACE, Inc (VSPC.OB) Security Division Receives Additional Funds from Contract
VIASPACE’S Security Subsidiary announced that it has received additional funding for its contract from L3 Communications. VIASPACE has integrated the software and hardware, plus finished the final testing of the hardware units associated with the Advanced Container Security Device (ACSD) program in support of the Department of Homeland Defense. The company’s exclusive license from Caltech allows them to pursue port and container security opportunities such as the ACSD program, as part of its overall strategic focus to develop high performance, real-time inference and sensor data fusion-based solutions leveraging SHINE technology. The President commented, "There is a major need for technology solutions to improve the…