Globalcrossroadscapital.com reports on Defense & Energy technology demand

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) December 23, 2009 -- Different states and government agencies offer small amounts of bridge capital averaging $75K for technology development at universities or federal labs.

Annual funding budget for the US Navy's technology innovation development program exceeds $200M. Phase I determines feasibility of project and takes about 6 months. Phase II involves theory demonstration by testing prototypes.

One motion picture aerial cinema technology firm reportedly has fullfillment contracts with the US Navy and other other DOD & FBI branches. The Las Vegas-based firm manufacturer of vertical lift unmanned vehicle drones were successfully used by film producers George Lucas and Arnold Schwarzenegger; notably in the film 'Terminator Salvation'.

In 7/09, $6.3M in Biofuels research funding was approved for 7 projects between the DOE and USDA. Plant feedstock genomics for Biofuel is important because lignocellulosic crop plants are able to grow on poorer quality land. Such crops are less intensive to grow and uncompetitive for crops for human food chain like corn.

Newenergyworldnetwork.com has it's own iTV network covering issues on renewable energy.

In 12/09, it was reported that $5M in US Recovery Act funding will in turn attract an additional $22M in private investment for waste to energy projects. The initial grants are primarily focused on funding anerobic Biodigestors at various diary farms in Ohio & Maryland.

A branch of the US government offers a sort of international matchmaking forum for overseas procurement needs for geothermal, fuel cell, waste to energy, wind turbines, solar systems, Biofuel, and Biomass. A manager for a new funds of funds for alternative energy indicates increasing opportunities in Eastern Europe like Bulgaria.

There are 93 procurement technical assistance centers (PTAC's) nationwide forming a supply line bridge between agency buyers and vendor suppliers. Another ideal and often overlooked international trade matchmaking resource is consulate offices. In Las Vegas, there is the Nevada Consular Corp located next to the Austrian, Romanian, and Australian Consulates.

As a US Vet-owned business, Globalcrossroadscapital.com receives newswire feeds from government agencies and other funding resources offering opportunities. Management for Globalcrossroadscapital.com is certified in commercialization of of technology from the NNSA (a part of DOE).

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Globalcrossroadscapital.com is an investor relations media communications firm and federal contractor registered with the US Small Business Administration. Our Duns & Bradstreet # is 830916958. We are authorized to represent >clients< in negotiations with any government agency such as DOE, USDA, FDIC, SBIC's or DOT.

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