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Print Edition StoriesThursday, March 19, 2009
InfoSciTex takes $49M to help improve Air Force R&D
By Brendan Lynch
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InfoSciTex Corp. has landed $49.5 million from the U.S. Air Force, according to the U.S. Department of Defense.
Under the deal, the Waltham-based technical design company will create modeling, simulation, and analysis tools and techniques for research and engineering for the Air Force Research Laboratory and Aeronautical Systems Center at Wright Patterson Air Force Base in Ohio.
In January, Mass High Tech reported InfoSciTex spinout IST Energy Corp. had developed an industrial dumpster capable of converting waste — paper, wood, plastic and organic — into on-site heat and power. According to corporate documents, the GEM, as it is called, converts waste into high-density fuel pellets, which are then gasified to create a synthetic gas, used to power a generator.
Both companies are led by InfoSciTex co-founder Stuart Haber, the former CEO of Waltham-based systems engineering company Schafer Corp., according to state documents. Haber is also a member of Waltham IT management company Relevant Technologies Inc.
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