Manufacturing received another boost today with the announcement of the Next Generation Power Electronics Institute. Located in North Carolina, it is part of the President’s plan announced last May in which the government committed $200 million across five Federal agencies – Defense, Energy, Commerce, NASA, and the National Science Foundation.
The pilot institute, NAMII, is headquartered in Youngstown, Ohio. And the additional two institutes led by the Department of Defense – focused on Digital Manufacturing and Design Innovation and Lightweight and Modern Metals Manufacturing – are still in the selection process and will be awarded in the coming weeks.
The new institute is focused on enabling the next generation of energy-efficient, high-power electronic chips and devices by making wide bandgap semiconductor technologies cost-competitive with current silicon-based power electronics in the next five years.
These improvements will make power electronic devices like motors, consumer electronics, and devices that support our power grid faster, smaller, and more efficient.
For more read, "New Public-Private Manufacturing Innovation Institute Announced" on sister site New Equipment Digest.