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BELLINGHAM, Washington, USA — A proposed five-year extension for programs strengthening the role of innovative U.S.-owned and -operated small businesses in federally funded research and development is welcome news for the photonics community, say leaders of SPIE, the international society for optics and photonics.

As part of the National Defense Authorization Act (NDAA) compromise agreement finalized today between the House and Senate, a five-year extension of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs at all agencies was included within report language, the Senate Small Business Committee announced today.