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Stock impact report

Purdue-backed concrete sensor firm wins $500K federal grant [Yahoo! Finance]

AECOM (ACM) 
Last aecom earnings: 2/3 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.aecom.com/mobile.view?c=131318
Company Research Source: Yahoo! Finance
Dive Brief: Wavelogix, a contech firm that manufactures concrete strength sensors invented by a Purdue University professor, has received a $500,000 grant from the National Science Foundation , according to a March 11 announcement. The technology, known as the Rebel concrete strength-sensing system, uses Internet of Things sensors embedded in concrete to help builders gain accurate, real-time temperature and strength readings. With the information, builders can improve efficiency and cut back on cement overuse and waste, according to Wavelogix's website. Using the cash, Wavelogix plans to focus on the engineering and manufacturing that will allow the company to expand pilot programs for the Rebel System. It aims to generate validation data for state DOTs and work with agencies to support specification development and acceptance, Joe Turek, Wavelogix's CEO, told Construction Dive via email. Dive Insight: Luna Lu, an engineering professor at Purdue University and the founder Show less Read more
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