Product Development Cycle

The U.S. Department of Energy announced nearly $85 million across four heat pump manufacturers to accelerate the manufacturing of electric heat pumps, heat pump hot water heaters, and heat pump components at five factories in New York, Tennessee, Texas, and Rhode Island.

The United States’ nuclear submarine force, and the industrial base partners that help deliver and maintain that capability, are foundational to our national security mission. However, America’s submarine industry is limited by significant workforce needs. The Biden-Harris Administration is making strategic investments in Michigan as part of a national economic and defense policy initiative to meet the Navy’s 5-fold increase in submarine production.

The Biden-Harris Administration announced that the U.S. Department of Commerce and GlobalWafers America, LLC and MEMC LLC, subsidiaries of GlobalWafers Co., Ltd., have signed a non-binding preliminary memorandum of terms to provide up to $400 million in proposed direct funding under the CHIPS and Science Act to help onshore critical semiconductor wafer production and advance U.S. technology leadership.

The U.S. Department of Energy finalized its guidance interpreting the statutory definition of “foreign entity of concern” (FEOC) in Section 40207 of the Bipartisan Infrastructure Law. The FEOC interpretive guidance is designed to limit the participation of FEOCs in domestic battery supply chains and bolster the growth of domestic and friend-shored battery materials processing and manufacturing.

The Department of Defense announced an award of $11.7 million via the Defense Production Act Investment Program to Ensign-Bickford Aerospace & Defense (EBAD) that will provide additional printed circuit board assembly (PCBA) production capacity at their Simsbury, CT location. EBAD will increase existing capacity and manufacturing processes to reduce cost and accelerate PCBA production.

The U.S. Department of Energy announced the availability of $63 million to accelerate the growth of domestic manufacturing of residential heat pumps, heat pump water heaters, and other heat pump systems and components.

Two years after President Biden signed the Bipartisan Infrastructure Law, the U.S. Department of Energy announced up to $3.5 billion from the Infrastructure Law to boost domestic production of advanced batteries and battery materials nationwide. The funding will create new, retrofitted, and expanded domestic facilities for battery-grade processed critical minerals, battery precursor materials, battery components, and cell and pack manufacturing.