NEW YORK (GenomeWeb News) – Stone Ridge Technology plans to use a $500,000 grant from the National Science Foundation to develop a customized computing system that will accelerate the processing and analysis of genomics data, the Bel Air, Md.-based company said today.
Stone Ridge plans to use the two-year, phase II Small Business Innovation Research grant to fund efforts to use field programmable gate arrays (FPGA's) to build a computer that can "dramatically improve the speed and cost of processing the huge volumes of data associated with full genome sequencing," the company said.
"To put the computational challenge in perspective, it takes an average of 500 CPU hours to analyze the sequence data from one person's DNA," Stone Ridge President and Founder Vincent Natoli said in a statement. "With the ultimate goal of sequencing a large portion of the US and global population, it's critical to reduce that time and the associated costs to realize the medical and diagnostic benefits that this technology has to offer through widespread adoption."
Stone Ridge said that it completed work on Phase I of the SBIR grant last year and it will begin Phase II this month.