Critical Technologies Market Insider - Week of April 22
Raj Sharma
TEDx | "Never accept the status quo" is my ethos | Accelerating innovation and manufacturing ecosystems through actionable, data-driven market insights is my mission
In this week's edition, you will find:
I. GENERAL EMERGING TECHNOLOGY NEWS
The U.S. Department of Commerce and Samsung have signed a preliminary agreement under the CHIPS and Science Act, allocating $6.4 billion to bolster the U.S. semiconductor supply chain. Samsung plans to invest over $40 billion in Texas in the coming years, creating 20,000 jobs and strengthening national security. Their investment will include the construction of new logic fabs, an R&D fab, and an advanced packaging facility.
The U.S. National Science Foundation is opening funding for additional NSF Regional Innovation Engines (NSF Engines) across the country, expanding on the initial 10 announced in January. Aligned with the CHIPS and Science Act of 2022, this initiative emphasizes science and technology's role in enhancing regional economic competitiveness through research and development investments.
The newly released Naval Science and Technology (S&T) Strategy emphasizes collaboration with industry, academia, and allies to advance research and deliver innovation to the Navy and Marine Corps. It addresses challenges to maritime dominance, promotes warfighting excellence, and enhances strategic partnerships. The strategy prioritizes STEM education and plans for aligned S&T execution to support operational frameworks.
The CHIPS for America program has opened approximately $54 million for research projects to bolster the U.S. semiconductor industry's global leadership. Administered by the Department of Commerce, this funding for eligible small businesses aims to enhance semiconductor metrology, critical for manufacturing complex devices.
II. PSF ANALYSIS & INSIGHTS
PSF Innovation Ecosystem Dashboard - Rural/Underserved County Receiving Emerging Tech Funding
Download our reports here.
In a recent LinkedIn Post, Raj Sharma talks about answering which rural/
underserved parts of the country are receiving innovation funding. This can be answered through one of the heat maps within the innovation ecosystem dashboard.
We are doing additional deep dives to answer the following questions:
- Who is getting the funding?
- What is driving funding to these areas?
- How can investment be increased?
- What are the factors that can drive more economic activity?
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III. TECHNOLOGY SECTOR-SPECIFIC NEWS
The National Science Foundation (NSF) and NobleReach Emerge have selected 11 NSF-funded research projects to receive additional investment for accelerating biotechnologies and bio-inspired designs into commercial and societal impacts. This collaboration aims to facilitate market readiness and product development, laying the groundwork for a national technology translation program.
DARPA's OPEN program aims to enhance transparency in critical materials markets for national security and economic stability. It focuses on developing forecasting technology to assess component-based pricing and supply-demand dynamics for materials rare earth metals. Performers will prototype systems to estimate input costs and forecast supply-demand functions.
AI/ML: Air Force Research Laboratory Receives $4M Grant to Build Artificial Intelligence and Machine Learning Research CenterThe Air Force Research Laboratory's (AFRL) Materials and Manufacturing Directorate has received a $4 million Office of Secretary of Defense (OSD) Centralized Laboratory Investment Program (CLIP) award to construct the AIMR-2C, its first CLIP project. The 6,000-square-foot lab at Wright-Patterson Air Force Base will focus on AI/ML topics and enhance partnerships with academic institutions like the Air Force Institute of Technology (AFIT) and Wright State University.
Drones: Counter-Drone Systems Included in DOD’s Initial Replicator SelectionsWhile details about the program have largely remained classified, it has been reported that the Pentagon's Replicator initiative's first phase included counter-drone assets, unmanned surface vessels, and loitering munitions. Aimed at countering China's military buildup, Replicator plans to deploy thousands of autonomous systems by August 2025 through an estimated $1 billion expenditure. Selections for the program are made in tranches, with mature technologies emphasized initially.
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