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Tiptek Named 2022 SBIR/STTR Small Business of the Year by U.S. Department of Energy

EnterpriseWorks graduate Tiptek was recently named the 2022 Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Business of the Year by the US Department of Energy.

Tiptek is the leading U.S. manufacturer of high quality nanoprobes for diagnostics and fault-testing of microelectronic devices. 

“Since its founding, Tiptek has strived to introduce innovative standard-setting nanoprobes to customers across industry, National Labs, and academia. We are delighted to have these efforts recognized by this prestigious and highly competitive award.” 

– Dr. Scott Lockledge, Tiptek CEO

According to DOE’s Office of Small and Disadvantaged Business Utilization (OSDBU), this award recognizes a U.S. small business that “stimulates U.S. technological innovation and enhances the nation’s return on its DOE SBIR/STTR investment, provides the DOE the benefits of commercial applications derived from DOE funded R&D, and stimulates U.S. economic growth as a result of DOE funded R&D.”

Tiptek’s Research Park history:

Tiptek was founded by CEO Dr. Scott Lockledge, CTO Professor Joseph Lyding, and CSO Professor Gregory Girolami in 2011. They moved into EnterpriseWorks in the University of Illinois Research Park in May 2013.

Tiptek Named 2022 SBIR/STTR Small Business of the Year by U.S. Department of Energy 4 Tiptek Named 2022 SBIR/STTR Small Business of the Year by U.S. Department of Energy

In 2022, Tiptek accomplished several key milestones that resulted in a strong return on its federal investment: introducing a cutting-edge project, improving production capacity, and stimulating U.S. economic growth by commercializing leading technology-based products domestically and overseas.

Now, Tiptek operates primarily out of an office in Savoy, Illinois, but continues to use their lab space in EnterpriseWorks. Their lines of probes and needles are used by industry leaders for scanning probe microscopy, transfer of lamella formed by focused ion beams (FIB), and scanning electron microscope-based nanoprobers used in semiconductor failure analysis.

To read the full article, visit the Yahoo Finance website.