Healey-Driscoll Administration Celebrates Nearly $38 Million Federal Award to Spur Microelectronics Development | NEMC

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That means tech backed by homegrown, state-of-the-art chipsets made here in America.Massachusetts is home to our nations leading advanced manufacturers and were excited that the investments announced today will help ensure these companies have the tools and talent they need to succeed, said Economic Development Secretary and MassTech Collaborative Board Chair Yvonne Hao. We thank the Biden-Harris administration, the Department of Defense, NSWC Crane Division and NSTXL for investing these CHIPS dollars where they will have a major impact on our national security and readiness, doubling down on our home-grown innovators and world-class research institutions across the region.The NEMC Hub is a 200-member organization led by the Massachusetts Technology Collaborative (MassTech). "These awards, announced on the two-year anniversary of the CHIPS Act, are recognition of the strength, depth, and breadth that exists in the Northeast microelectronics ecosystem, said MassTechs Deputy Director and Chief Investment Strategist Ben Linville-Engler. It is a testament to the hard work, collaboration, organization and leadership that the NEMC Hub and its members have demonstrated during the inaugural year of the Microelectronics Commons.Senator Elizabeth Warren: I led a successful effort to lock in critical funding through the CHIPS Act, paving the way for advancements in our phones and hearing aids. I am grateful for the Biden-Harris and Healey-Driscoll administrations for their strong support of workforce development and innovative research initiatives like these.Senate President Karen Spilka: This award catalyzes Massachusetts leadership and expertise in the next generation of semiconductor technologies, and transforms how our state contributes to our military and national security.

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Amount $7.9M Total raised
Date September 18, 2024 Announcement date
Investors - Lead investors
Company http://www.umass.edu Funded company

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