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Biden-Harris Administration Announces CHIPS Incentives Award with Samsung Electronics to Solidify U.S. Leadership in Leading-Edge Semiconductor Production

12/23/2024 | U.S. Department of Commerce
The Biden-Harris Administration announced that the U.S. Department of Commerce awarded Samsung Electronics (Samsung) up to $4.745 billion in direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication facilities.

Bell Announces New Manufacturing Facility for the U.S. Army’s Future Long Range Assault Aircraft

12/18/2024 | Bell
Bell Textron Inc., a Textron Inc. company, announced a facility site selection today to support production of the U.S. Army’s Future Long Range Assault Aircraft (FLRAA). The new 447,000 sq. ft. factory, located in the Denton County region of Fort Worth, Texas, will be dedicated to FLRAA component manufacturing.  Bell plans to begin facility modification and equipment installation and achieve facility readiness for Low-Rate Initial Production (LRIP) by 2028.

Biden-Harris Administration Announces CHIPS Incentives Awards with GlobalWafers to Support Domestic Production of Silicon Wafers

12/18/2024 | U.S. Department of Commerce
The Biden-Harris Administration announced that the U.S. Department of Commerce issued direct funding awards to GlobalWafers America, LLC (GWA) and MEMC LLC (MEMC), subsidiaries of GlobalWafers Co., Ltd. (GlobalWafers), of up to $406 million under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication Facilities.

Low-Altitude Aviation’s Untapped Market Expected to Drive Solid-State Battery Demand to 302 GWh by 2035

12/04/2024 | TrendForce
TrendForce’s latest investigations reveal that the development of flying cars and electric vertical take-off and landing aircraft (eVTOL)/urban air mobility (UAM) vehicles are positioning solid-state batteries as a key energy technology for low-altitude aviation.

Eagle Electronics Announces Formation of State-of-the-Art Electronics Manufacturing Facility

12/04/2024 | PRNewswire
Eagle Electronics, a new leader in high-tech electronics and cellular module production, is proud to announce it has raised $14mm, led by the O.H.I.O. Fund with participation from Asymmetric Capital Partners, to establish cutting-edge manufacturing technology and operations in Solon, Ohio, in partnership with CO-AX Technology.
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