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Decision 5 of 7, by date · Triumph #330 · 2024

UWF WAVE

A workforce lab justified by the tenant it trains for — 175 certificates and ≥$9.95M extramural, owed by a named public university board. S-18 S-19

Read the record ↓
● Executed — obligations below are in force as of 2025-03-13
●GAA #330 executed 2025-03-13.
●Terms extracted so far are the executed term sheet's.
●175 certificates + ≥$9.95M extramural due 2034-12-31.
Primary instrument: Grant Award Agreement #330 · S-90
Date anchor: GAA #330 executed · 2025-03-13 S-90
Public money committed
$3.32M
Triumph GAA #330$3.32M S-90 S-18
share of project20% of the $16.66M project as stated S-18
Jobs promised
certificates, not jobs
as pitched175 Net New Certificates S-18
as bound≥175 certificates ($18,947 clawback per certificate short) and obtain-and-spend ≥$9,946,800 extramural by 2034-12-31 S-18
Wages
no wage claim in the record
Binding today
$3.32M
governing instrumentGrant Award Agreement #330 S-90
stateexecuted, in the corpus
next public date175 certificates + ≥$9.95M extramural due 2034-12-31 S-18 S-90
Capital stack of the $16.66M project, as stated S-1820% — the primary public funding above
$3.32MTriumph GAA #330committed
$13.34Mmatch, per the term sheet (composition not stated)
primary instrument S-18 S-90stack as stated · 2024-12-18 S-18

The cluster's workforce bet — and the documentary proof of the catalyst cascade: a university lab built explicitly around American Magic's arrival, with the cleanest obligor of any decision here (a fully-named public university board on a signed instrument). S-19 S-31 S-18

Bottom line — every sentence assembled from the cited record
Promised

A workforce "magnet" built explicitly around American Magic's arrival — $3.3M of a $16.7M project, in the beneficiary's own framing.

self-reported / promotional S-19 S-31
Binding

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.

What changed

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 record in detail — open any line
What the record documents
executed or on the public record
Public money, from the ledgerThis decision's rows in the Money ledger — statuses and totals never mixed.
Funder · recipientAmountInstrument · citations
Triumph Gulf Coast — Triumph Gulf Coast, Inc.
UWF Board of Trustees — WAVE #330
$3,315,600
committed
Triumph GAA #330 (executed term sheet S-18; executed GAA S-90, unextracted)
S-90 S-18

Rows are this decision's entries in the Money ledger; stages are never summed together.

The dealTerm 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.● verified

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.

verified S-18
provenancerecord/decisions/uwf-wave-330/uwf-wave-extraction-run-01.md

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.

verified S-18
provenancerecord/decisions/uwf-wave-330/uwf-wave-extraction-run-01.md
The catalyst chain, on paperWAVE's proposal builds the case on American Magic's arrival — "has attracted many WAVE related industries" — and names the partnership in its application.◌ reported

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.

reported self-reported / promotional S-19 S-31
provenancerecord/decisions/uwf-wave-330/uwf-wave-extraction-run-01.md
What is unresolved
held open until a document settles it
Open questionsThe 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.◈ open question

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.

monitored S-18
provenancerecord/decisions/uwf-wave-330/uwf-wave-extraction-run-01.md
Relationships in the graph
UWF WAVE (#330)—located at→Port of Pensacola
● verified
Triumph Gulf Coast, Inc.—awarded an executed term sheet to→UWF Board of Trustees
● verified
UWF Board of Trustees—grantee and obligor of→UWF WAVE (#330)
● verified
American Magic (#315)—catalyzed→UWF WAVE (#330) claimed by UWF Board of Trustees
◌ reported
UWF WAVE (#330)—teaming agreement with→American Magic (#315)
◌ reported
UWF WAVE (#330)—teaming agreement with→Birdon / Project Maeve (#367)
◌ reported
UWF WAVE (#330)—assists→Florida Institute for Human and Machine Cognition (IHMC)
◌ reported
Florida Institute for Human and Machine Cognition (IHMC)—partners with→UWF WAVE (#330)
◌ reported

Verified edges are supported by an executed document. Proposed and reported edges describe instruments that are drafted, approved-but-nonbinding, or stated publicly. Inferred edges are the project's own reading of the record, labeled as such.

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
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Related decisions in the graph: American Magic (#315) (catalyzed, reported) · American Magic (#315) (teaming agreement with, reported) · Birdon / Project Maeve (#367) (teaming agreement with, reported) · all decisions → · Money · Questions · Evidence

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