UWF WAVE
A workforce "magnet" built explicitly around American Magic's arrival — $3.3M of a $16.7M project, in the beneficiary's own framing.
By 2034: ≥175 marine-composites certificates ($18,947 clawback per certificate short) and ≥$9.95M in extramural funding obtained and spent (23.8% of any shortfall). Term sheet executed 2024-12-18 — yet non-binding until a definitive grant agreement.
Nothing yet, honestly: outcomes are too early to assess, and the definitive grant agreement is not in the record. That absence is the open question this page holds.
The deal
Term sheet executed 2024-12-18 by Triumph's Chairman and UWF's President (DocuSign): up to $3,315,600 of a $16,655,600 project — the grant is ~20% of the project. Note: executed, yet its own boilerplate disclaims binding effect until a definitive GAA.
Two binding metrics by 2034-12-31: ≥175 Net New Certificates (ABYC Marine Composites), clawback $18,947 per certificate short; and obtain-and-spend ≥$9,946,800 in extramural funding, clawback 23.8% of the shortfall. The basis of the 23.8% figure is not derivable from the face amounts — recorded as stated, flagged.
The catalyst chain, on paper
WAVE's proposal builds the case on American Magic's arrival — "has attracted many WAVE related industries" — and names the partnership in its application. This is the cluster narrative forming in a primary document (2024), before Triumph's 2026 reframing. Because the claim is asserted by its beneficiary, it is rendered here as a claimed relationship, never as neutral fact.
Open questions
The definitive GAA for #330 — the binding instrument beyond the term sheet — is not in the record; actual certificate and extramural progress is too early to assess.
Relationships in the graph
- American Magic (#315) —catalyzed→ UWF WAVE (#330) reported claimed by UWF Board of Trustees S-19
- UWF WAVE (#330) —teaming_agreement_with→ American Magic (#315) reported S-19
- UWF WAVE (#330) —teaming_agreement_with→ Birdon / Project Maeve (#367) reported S-09
- UWF WAVE (#330) —located_at→ Port of Pensacola verified S-19
- UWF WAVE (#330) —assists→ Florida Institute for Human and Machine Cognition (IHMC) reported S-19
- Triumph Gulf Coast, Inc. —awarded_term_sheet_executed→ UWF Board of Trustees verified S-18
- UWF Board of Trustees —grantee_obligor_of→ UWF WAVE (#330) verified S-18
- Florida Institute for Human and Machine Cognition (IHMC) —partners_with→ UWF WAVE (#330) reported S-19
From data/graph.json — every edge carries its epistemic status and source citations.
Sources behind this page's runs
- S-09 "Project Maeve at the Port of Pensacola" — Triumph Gulf Coast Application #367
- S-18 Fully-Executed Term Sheet — Triumph Gulf Coast ↔ UWF Board of Trustees, "Center for Water and Vessel Engineering (WAVE)" (#330)
- S-19 UWF WAVE Proposal ("330-UWF_WAVE_ProposalUpdated-9-24.pdf", 42 pp) + Reynolds budget-update cover memo