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, 3D printing, blockchain, AI, and quantum computing 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 management.
  • 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 travelers 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, learn more HERE.

要查看或添加评论,请登录

Eagle Point Funding的更多文章

社区洞察