Not a whole lot of information here, but according to Senator Chuck Grassley, the NSF has just awarded a $150,000 grant to the Waterloo location of ‘Interactive Flow Studies’.

According to the National Science Foundation, Interactive Flow Studies will use the money to fund the project titled, “Small Business Innovation Research Phase I: Educational Interactive Hemodynamics Flow Visualization and Analysis.” The project involves the development of an affordable educational interactive hemodynamics flow visualization and analysis system which can be used to study blood flow.

IFS seems to be in the business of creating physical flow simulation systems, and software to monitor and analyze them.

via IowaPolitics.com: U.S. Sen. Grassley: $150,000 to interactive flow studies in Waterloo.