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Founded in 1987 by Steve Arms, the company enjoys 80 percent sales from commercial products, with the remaining 20 percent of sales coming from Federal R&D contracts. MicroStrain, a Tibbet's Award winning firm, has experienced first-hand the difficulties of commercializing advanced technology and therefore is discerning when it comes to potential federal contracts. "We are very selective as to which government R&D projects we propose," said Arms. "The technology development project must have a clear commercialization objective before we bid."

In the time since its participation in the Navy Transition Assistance Program, the company has received over $4.9M in sales of its wireless products. It has also received a $70,000 contract from the Navy Surface Warfare Center, Carderock Division (NSWCCD) for the development of a heat stress node for application to aircraft carriers and won its second Frost and Sullivan North American Technology Innovation Award in 2007.