By GREGORY ZELLER //
A new multiyear, seven-figure contract will expand Applied DNA Sciences’ relationship with the Department of Defense.
The Stony Brook-based supply-chain, anti-counterfeiting, anti-theft and product-authentication specialist announced Tuesday that it’s won a two-year, roughly $1.5 million competitive-bid contract through the federal Defense Logistics Agency.
The contract, which runs through May 2019, was granted via a Rapid Innovation Fund that provides the DLA with “innovative technologies that can be rapidly inserted into acquisition programs to meet specific defense needs,” according to Applied DNA, which will be tasked with providing DNA-based security measures to “improve DoD counterfeit risk mitigation.”
This new deal follows a prior RIF contract that saw Applied DNA develop unique counterfeit-mitigation technologies, based on its proprietary DNA platforms, to protect plastics, silicone elastomers, oils, bearings, fasteners and other commodities procured by the DLA for the DoD.
The Stony Brook biotech is also contracted by DLA to supply its flagship SigNature DNA product to protect the supply chains of high-risk FSC 5962 microcircuits, which are frequently counterfeited – a threat “leading to enhanced risk of cyberattacks,” Applied DNA said.
The two-year deal announced Tuesday will extend the company’s authentication platform to facilitate broader use in protecting “high-risk or mission-critical material purchased by DLA,” the company added.
Applied DNA President and CEO James Hayward said his company’s DNA-based authentication protocols are a perfect fit for securing supply chains of any size, even those as large and dynamic as the DoD’s.
“Our scalable platform for securing the supply chains of large commercial ecosystems, using inalterable molecular ‘certificates’ and data capture that can be assessed by permissioned partners, is perfectly suited to keep systems as large and diverse as the U.S. DoD secure,” Hayward said in a statement.
Applied DNA has built momentum in recent months through a string of diverse deals, including DNA-based supply-chain and anti-counterfeiting contracts with national retailers, major-league scientific research institutions, international leather suppliers and others.
But for every step deeper into global textiles – and every new addition to an all-star Strategic Advisory Board built specifically to carry SigNature DNA and other proprietary products into new markets – Applied DNA keeps circling back to its bread-and-butter: the U.S. government.
“It is an honor to work with DLA as it embraces innovative solutions to proactively address supply-chain challenges,” noted Janice Meraglia, Applied DNA’s vice president of military and government projects. “Our working relationship with DoD and non-DoD federal agencies, as well as diverse industry partners, provides us with unique insight for agile support.”