Niowave, Inc.

Lansing, MI · Founded 2005 · Energy · Private

Subcritical and low-power nuclear reactors for irradiation testing of advanced reactor fuels

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Updated

Sector
Energy
Headquarters
Lansing, MI
Founded
2005
Latest Form D
$1.7M, Dec 2021
Total capital
$24.8M
Federal grants
$8M
12 awards · 2015–2020
Rank in peer group#9 of 39
Private capital raised
$4.9M
4 Form D · last Dec 2021
58 months since last filing
Federal contracts
$11.8M
11 awards · Defense, Homeland Security, Energy
Rank in Energy#33 of 998
Granted patents
None on recordNo USPTO grants. Applications publish after 18 months.

Capital timeline

2008201020122014201620182020FEDERAL ↑EQUITY ↓Cumulative $34.8M$1.2M$4.9M$1.8M$1M$1M$1.5M1st Form D$10M2nd Form D$3M
2008201220162020FEDERAL ↑EQUITY ↓Cumulative $34.8M$1.2M$4.9M$1.8M$1.5M1st Form D$10M

Latest events

  • Private capital raisedForm D · SEC · 4th filing$1.7M
  • Private capital raisedForm D · SEC · 3rd filing$250K
  • Federal grantEnergy · Phase I · Fabrication and Testing of Advanced Fuels for Lead and Sodium Cooled Fast Reactors$200K
  • Private capital raisedForm D · SEC · 2nd filing$3M
  • Federal grantEnergy · Phase II · A Corrosion Test Station for Improved Characterization and Examination Capabilities of Advanced Nuclear Reactor Fuels and Materials$1M
  • Federal grantDefense · Phase I · Development of Long-Life, Energy-Dense Batteries Using Alpha-Beta Emitting Isotopes/Isomers$140K
  • Federal grantEnergy · Phase II · A Subcritical Testbed for Fast Neutron Irradiation of Novel Fuels and Cladding in Fast Reactors$1M
  • Offering registeredForm D · SEC · 1st filing$10M
Show 19 earlier federal awards
  • Federal grantEnergy · Phase I · A Corrosion Test Station for Improved Characterization and Examination Capabilities of Advanced Nuclear Reactor Fuels and Materials$150K
  • Federal grantEnergy · Phase I · Development of Corrosion Resistant Bimetallic Structures for Lead-Bismuth Cooled High Temperature Reactor Systems$150K
  • Federal contractHomeland Security · Igf::ot::igf New SBIR Phase III Contract For A Cryogen Free Refrigerator For Superconducting Linacs For Active Interogation$750K
  • Federal contractDefense · Igf::ot::igf Feasibility Study: Accelerator-based Production Of Alpha And Beta Emitters For Radioisotope Power Sources$78K
  • Federal grantEnergy · Phase I · A Subcritical Testbed for Fast Neutron Irradiation of Novel Fuels and Cladding in Fast Reactors$150K
  • Federal grantEnergy · Phase II · A Fast Neutron Source for Material Irradiation using a Superconducting Electron Linac$1M
  • Federal contractEnergy · Igf::cl::igf SBIR Phase III - Comparison Of Large CO-60 Irradiation Facilities To Superconducting Electron Linac Irradiation Facilities$995K
  • Federal grantHomeland Security · Phase II · Mobile High-Intensity X-Ray Source Based on a 10 MeV Superconducting Electron Linac$750K
  • Federal grantEnergy · Phase II · A Fast Spectrum Neutron Source for Materials Irradiation using a Superconducting Electron Linac$1.5M
  • Federal grantEnergy · Phase II · High Intensity X-Ray Generator to Eliminate High Activity Sources used for Sterilization$1M
  • Federal grantEnergy · Phase II · Liquid Metal Bremsstrahlung Converters for High Power Electron Beams$1M
  • Federal contractHomeland Security · Igf::ot::igf New SBIR Phase I Contract$150K
  • Federal contractDefense · Superconducting Injector Research And Development For The Free Electron Laser (fel)$1.8M
  • Federal contractDefense · Igf::ot::igf Superconducting 700 Mhz Multi-spoke Injector For A Mw-class$608K
  • Federal contractDefense · Superconducting 700 Mhz Multi-spoke Injector For A Mw Class Fel$594K
  • Federal contractDefense · Mw-class On-axis RF Coupler For The Nps Superconducting Inje$560K
  • Federal contractDefense · Research And Development In The Physical, Engineering, And Life Sciences (except Biotechnology)$80K
  • Federal contractDefense · Research And Development In The Physical, Engineering, And Life Sciences (except Biotechnology)$4.9M
  • Federal contractDefense · Monthly Status Report$1.2M

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Federal first

89months

from Niowave, Inc.’s first federal award to its first private round.

First federal award · Sep 2008
Defense · $1.2M
First Form D · Feb 2016
$10M · 1st Form D
Awards before first raise
12 awards

An association in public records, not a cause or a prediction.

Standing among 39 peers

Line = median

Energy · Device

  • Federal grants#9 · top 23%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

Researcher links verified by same-company patents and grants
  • Terry L GrimmResearcherExecutive OfficerLinked by $3.6M in grants as PI
  • James JensenDirectorNamed in SEC Form D filings
  • Jerry L HollisterExecutive OfficerNamed in SEC Form D filings
  • Lee C. GrimmDirectorNamed in SEC Form D filings
  • Mark P. SinilaExecutive OfficerNamed in SEC Form D filings
  • Michael SeldowitzDirectorNamed in SEC Form D filings
Show all 10 people
  • Michael ZamiaraDirectorNamed in SEC Form D filings
  • Roger CalantoneDirectorNamed in SEC Form D filings
  • William DemmerDirectorNamed in SEC Form D filings
  • Zamiara A. MichaelExecutive OfficerNamed in SEC Form D filings

What it has protected

No granted patents are on record.

USPTO usually publishes applications 18 months after filing, so recent applications may not be visible yet. Patents assigned under a different entity name won’t match.

Checked: USPTO granted patents and published applications · Oct 23, 2026

Regulatory activity · Energy

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through . SBIR and STTR awards through .