Federal contractor · HILLSBOROUGH, CA

FARAD POWER INC

FARAD POWER INC received $2.2M in federal contract obligations in FY2026, on 2 awards (+103% vs FY2025). Since FY2021: $4.6M. Its largest customer was Department of the Army ($2M).

Obligations · FY2026
$2.2M
New awards
2
Sole-source
0.0%
Single offer
11%
UEI
GGSCH7E78MH1
Small businessMinority-owned
Open in the contracts explorerRelationship graph

Spending by fiscal year

Obligations per federal fiscal year (October–September).

  1. 132.4KFY2021
  2. 748KFY2022
  3. 145.5KFY2023
  4. 208.7KFY2024
  5. 1.1MFY2025
  6. 2.2MFY2026

Top buying agencies

Obligations in FY2026.

  1. Department of the Army$2M89%
    1 awards
  2. Department of the Navy$249.7K11%
    1 awards

What was bought · Where the work was performed

Obligations in FY2026.

What was bought

  1. Research & development$2.2M100%

Where the work was performed

  1. San Mateo County, CA$2.2M100%

Integrity signals

Shares of the year's obligations, next to the country's.

  • Low competition11%
    US 39% · $249.7K
  • Sole-source awards0.0%
    US 30% · $0
  • Single-offer competitions11%
    US 8.7% · $249.7K
  • Urgency justifications0.0%
    US 5.1% · $0

A signal is a reason to look closer, not evidence of wrongdoing: most sole-source awards are lawful and justified.

Largest awards

  1. HIGH-ENERGY 6T BATTERIES WITH BIOMASS-DERIVED ANODE MATERIALS$2M
    Department of the Army· San Mateo County, CA· Research & development· Mar 30, 2026 – Mar 30, 2026· W5170126CA050
  2. STTR PHASE II$999.7K
    Department of the Navy· San Mateo County, CA· Research & development· Jul 28, 2025 – Mar 17, 2026· N6833525C0021

Competitors

Companies that win from the same buyers in the same markets: obligations by agency and industry compared over the last three fiscal years.

Compared on 3 markets (agency × industry), FY2024–FY2026.

  1. TREX ENTERPRISES CORPORATION$3.3M−100% in FY2026
    SAN DIEGO, CA · 92% of this company's obligations are in markets they both serveArmy · Scientific research and development servicesNavy · Scientific research and development servicesAir Force · Scientific research and development services
  2. QUNAV LLC$3.2M
    FORT WALTON BEACH, FL · 86% of this company's obligations are in markets they both serveArmy · Scientific research and development servicesNavy · Scientific research and development services
  3. EPISENSORS INC$2.9M
    BOLINGBROOK, IL · 81% of this company's obligations are in markets they both serveArmy · Scientific research and development servicesNavy · Scientific research and development services

Showing the top 3 of 25 competitors. Open the profile for the full list.

Who sells to the same buyers in the same markets, not who wins against whom on a given contract. Prime contract obligations by the agency and NAICS code of each award; subawards are never added. A company is a family of legal entities, joined by parent UEI or, in part, by an AI reading of names.

Source: Federal contract transactions (Federal Procurement Data System) (U.S. Department of the Treasury, USAspending.gov), data current to Oct 9, 2026, loaded Oct 9, 2026 · FY2024–FY2026.

Source: Federal contract transactions (Federal Procurement Data System) (U.S. Department of the Treasury, USAspending.gov), data current to Oct 9, 2026, loaded Oct 9, 2026.