Not an SEC registrant

Specular Theory INC.

Customers

1 federal agency, 2 prime contractors

Suppliers

None disclosed

Largest customer

—

No % disclosed

Named-customer revenue

—

No estimate available

Federal obligations

$1.2M

FY2025 · USAspending.gov

Band height is the estimated dollar value: the disclosed share × the discloser's revenue for that period (latest full year where available) or federal dollars obligated. Each side is scaled on its own; dashed outlines are named without a figure. Click a band to open its source.

Federal contracts 1

Agencies that awarded contracts to this company, from USAspending.gov. Dollars are obligated amounts as reported, not estimates; $1.2M in the latest fiscal year shown per agency.

Agency	Obligated	Fiscal year	Awards	Trend	Largest award
Department of Defense Department of the Air Force	$1.2M	FY 2025	2	$2.4M → $2.8M → $1.2M	FA680025P0014
SBIR PHASE III SPECULAR THEORY EARL Award FA680025P0014 on USAspending.gov ↗ Largest of 2 awards in FY2025: $1.2M obligated

Federal subcontracts received 2

Prime contractors that subcontracted federal work to this company. From USAspending.gov subaward reports; amounts are as reported by the prime contractor, latest report per subaward, $500K+ a year.

Company	Subawards	Fiscal year	Count	Trend	Largest subaward
ADS Tactical, INC.	$19.7M	FY 2024	4	$3.2M → $19.7M	SPE8EL23F1E2T
SPECULAR THEORY, INC. Prime award SPE8EL23F1E2T on USAspending.gov ↗ Subaward 1328398: $6.3M · Department of Defense (DOD)
Atlantic Diving Supply, Inc.	$14.7M	FY 2024	5		SPE8EL24F17B3
SPECULAR THEORY, INC. Prime award SPE8EL24F17B3 on USAspending.gov ↗ Subaward 1392732: $5.1M · Department of Defense (DOD)

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