Developing the Drought Risk Overview Product (DROP): Improving Flash Drought Forecasts and Early Warning Using Machine Learning and Extreme Value Theory Techniques

SBIR Phase Phase I award: "Developing the Drought Risk Overview Product (DROP): Improving Flash Drought Forecasts and Early Warning Using Machine Learning and Extreme Value Theory Techniques" awarded to CFD Research Corporation in Huntsville, Alabama. Funded by Department of Commerce (National Oceanic and Atmospheric Administration). Award amount: $174,983. The SBIR/STTR programs fund innovative research and development by small businesses, with Phase I for feasibility studies and Phase II for full R&D.