Raytheon BBN Technologies awarded additional funding to enable early awareness of emerging technology
Program to automate big data search, indexing and analysis
CAMBRIDGE, Mass., May 28, 2013 /PRNewswire/ -- Raytheon BBN Technologies has been awarded $1.7 million in funding by the Intelligence Advanced Research Projects Activity (IARPA) under the Foresight and Understanding from Scientific Exposition (FUSE) program. This funding follows $5.2 million awarded in the first phase of the program. Raytheon BBN Technologies is a wholly owned subsidiary of Raytheon Company (NYSE: RTN).
According to the IARPA website, "the goal of the FUSE program is to develop automated methods that assist analysts and subject-matter experts in recognizing emerging technologies in published scientific, technical and patent literature." According to the solicitation, IARPA envisions a FUSE system that will:
- Process the world's massive, growing and multilingual collection of full-text scientific, technical and patent literature.
- Automatically generate, validate and prioritize areas of greatest importance.
- Offer multilingual capabilities.
"We are exploring theories and models to scan the scientific, technical and patent literature around the world to detect emerging technical capabilities," said Lance Ramshaw, FUSE principal investigator for Raytheon BBN Technologies. "The solution we envision will recognize trends and connections at a speed and scale far beyond what has been possible previously."
Under the first phase of the program, Raytheon BBN Technologies developed a system that uses analytical techniques and algorithms to automatically recognize related topics in a variety of printed materials and identify areas that are most likely to develop into significant technical solutions. Under the new funding, the Raytheon BBN team will extend their techniques with finer-grained models, applying them to forecast future levels of interest in particular technologies based on patent applications and grants, and on scientific papers in multiple languages.
Raytheon Company, with 2012 sales of $24 billion and 68,000 employees worldwide, is a technology and innovation leader specializing in defense, security and civil markets throughout the world. With a history of innovation spanning 91 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems; as well as a broad range of mission support services. Raytheon is headquartered in Waltham, Mass. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter @raytheon.
SOURCE Raytheon Company