Owner-funded investigation
Use bounded internal budgets for prior-art work, modeling, documentation, and small experiments where the next decision is clear.
Milestone capital • Non-dilutive first • Securities review when triggered
Aurora should fund a defined technical milestone—not a vague promise to build everything. Each source brings eligibility, reporting, ownership, schedule, and legal consequences that must be screened before outreach.
Structure
The public page explains the decision structure while detailed records remain controlled offline.
Use bounded internal budgets for prior-art work, modeling, documentation, and small experiments where the next decision is clear.
Match an eligible U.S. small business, technical topic, principal investigator, work location, research partner, cost proposal, and commercialization plan to the solicitation.
A company, university, lab, or nonprofit may fund defined research; the agreement must address background IP, foreground IP, publication, data, facilities, and export issues.
A paid study or engineering service can validate demand, but scope, deliverables, reliance, safety, and ownership must be written.
Evaluation fees, options, milestone payments, royalties, minimums, and cost reimbursement can finance development when rights and performance gates are clear.
Equity, notes, SAFEs, crowdfunding, or other securities require an authorized offering pathway and appropriate federal/state advice before solicitation.
Sequence
Each stage produces a reviewable record before the next commitment is made.
Decision aid
Use the crosswalk to frame the next review; it does not replace professional analysis of the actual facts.
| Path | Best use | Primary caution | Gate before outreach |
|---|---|---|---|
| Self-funded | Early documentation and bounded proof work | Runway and opportunity cost | Approved budget and stop condition |
| Grant / SBIR / STTR | Research aligned to an agency need | Eligibility, cost, reporting, data and government rights | Solicitation compliance matrix |
| Sponsored research | Partner-defined investigation | Background/foreground IP and publication | Term sheet reviewed by counsel |
| License / option | Rights-based commercialization | Scope, diligence, valuation, and performance | Rights schedule and IP status |
| Investor capital | Scalable company development | Securities law, dilution, disclosure, governance | Corporate/securities counsel approval |
Primary references
Requirements change. Confirm the current rule, program, or filing path with the responsible agency and qualified professional.
Official links and public guidance reviewed August 2, 2026.
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