Emerging Technology Funding Trends

Emerging Technology Funding Trends

Federal agencies & departments are investing millions of dollars in deep-tech companies like never before. #Technologies such as #5G, #3Dprinting, #blockchain, #AI, and #quantumcomputing continue to make huge strides in their emerging tech innovation and the government is jumping on board quickly.?

Funding for Artificial Intelligence:

  • Administration and agency officials understand that artificial intelligence will radically transform the federal government's internal and external efforts.
  • National Science Fund: plan to invest $245 million in AI this year.
  • Department of Energy: plan to invest $108 million?in AI this year.
  • DARPA: in 2018, they created a plan to spend $2 billion over the next 5 years.

Are you an Artificial Intelligence company? Discuss your eligibility?HERE.

Funding for Quantum Computing:

  • The government has made massive investments to accelerate their monumental leaps in quantum and supercomputing.
  • At the end of 2019, the president signed the National Quantum Initiative Act into law dedicating more than $1 billion to the R&D of quantum tech in America over the next 5 years.
  • Department of Energy: announced plans in 2019 to launch Aurora, America's first exascale supercomputer anticipated to work at full capacity by next year.
  • National Nuclear Security Administration: announced that they will also gain their first exascale supercomputer in 2022.

Are you a Quantum Computing company? Discuss your eligibility?HERE.

Funding for 5G Wireless Tech:?

  • Fifth generation wireless technology is anticipated to bring in a new age of wireless connectivity.?
  • The State Department: implemented IoT sensors, panels, and systems to track air monitoring and building mangement.
  • Air Force: initiated its own long-term initiative to to get 5G LTE to all of its bases.
  • ARMY:?has plans to use virtual reality, enabled by 5G, to modernize their training.
  • Department of Homeland Security: awarded a contract to gain real-time sensor data and analysis of how traveleres move throughout US airports.
  • The Pentagon: announced that it will start testing 5G tech at four domestic installations.

Are you a 5G Wireless company? Discuss your eligibility?HERE.

Funding for Blockchain:

  • Blockchain technology is still in the early stages for federal agencies, but is expected to grow rapidly in the coming years.
  • Funding for blockchain is expected to increase from $4.4 miilion in 2017 to $124 million in 2022.

Are you a Blockchain company? Discuss your eligibility?HERE.

If you have other revolutionary technology, discuss your eligibility HERE.

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