US Senator Chuck Schumer and Governor Kathy Hochul have announced a New York-based consortium led by several groups including Cornell University has been awarded $40 million from the Department of Defense’s Microelectronic Commons Program.
The money’s one of the first major CHIPS awards from Schumer’s CHIPS & Science Act. It’ll allow partners to bolster workforce training programs for the semiconductor industry and add new state-of-the-art microelectronics equipment. The consortium, known as the Northeast Regional Defense Technology Hub or NORDtech, will bring together academia, industry and government organizations to help spur innovation, attract new companies, strengthen the workforce and bolster New York’s growing chips industry.
This funding comes from the $2 billion CHIPS for America Defense Fund, which Schumer helped establish in his CHIPS & Science Act.
