Applied DNA Sciences, Inc. (OTCQB: APDN), (Twitter: @APDN), a biotechnology firm that provides DNA-based authentication and security solutions and services, announced today that the company has been awarded a two-year development contract by the Office of the Secretary of Defense on behalf of the Defense Logistics Agency (DLA) in the amount of $2.97 million.
The Rapid Innovation Fund (RIF) project will develop a single authentication platform - APDN's “SigNature® DNA” and complementary technologies – to identify authentic products and deter counterfeits from infiltrating six Department of Defense Federal Supply Groups (FSGs).
Those FSGs are, in order of risk to DLA:
1. FSG 59 (Electrical and Electronic Equipment Components)
2. FSG 31 (Bearings)
3. FSG 25 (Vehicular Equipment Components)
4. FSG 29 (Engine Accessories)
5. FSG 47 (Pipe, Tubing, Hose, and Fittings)
6. FSG 53 (Hardware and Abrasives)
APDN's DNA marking solution currently protects items in DoD Federal Supply Class (FSC) 5962, Microcircuits. This project will demonstrate APDN’s authentication solutions for the other high-risk commodities above.
APDN will perform services such as development, test and evaluation, field trials, and transition to government operations.
About Applied DNA Sciences
APDN is a provider of botanical-DNA based security and authentication solutions and services that can help protect products, brands, entire supply chains, and intellectual property of companies, governments and consumers from theft, counterfeiting, fraud and diversion. SigNature® DNA describes the uncopyable marker that is at the heart of all of our security and authentication solutions. SigNature DNA is at the core of a family of products such as DNAnet®, our anti-theft product, SigNature® T, targeted toward textiles, and digitalDNA®, providing Fashion Mannuscript h track and trace.