Research & Development World

  • R&D World Home
  • Topics
    • Aerospace
    • Automotive
    • Biotech
    • Careers
    • Chemistry
    • Environment
    • Energy
    • Life Science
    • Material Science
    • R&D Management
    • Physics
  • Technology
    • 3D Printing
    • A.I./Robotics
    • Software
    • Battery Technology
    • Controlled Environments
      • Cleanrooms
      • Graphene
      • Lasers
      • Regulations/Standards
      • Sensors
    • Imaging
    • Nanotechnology
    • Scientific Computing
      • Big Data
      • HPC/Supercomputing
      • Informatics
      • Security
    • Semiconductors
  • R&D Market Pulse
  • R&D 100
    • Call for Nominations: The 2025 R&D 100 Awards
    • R&D 100 Awards Event
    • R&D 100 Submissions
    • Winner Archive
    • Explore the 2024 R&D 100 award winners and finalists
  • Resources
    • Research Reports
    • Digital Issues
    • Educational Assets
    • R&D Index
    • Subscribe
    • Video
    • Webinars
  • Global Funding Forecast
  • Top Labs
  • Advertise
  • SUBSCRIBE

New York invests in nanotech with General Electric

By R&D Editors | July 15, 2014

 
              New York Gov. Andrew Cuomo, left, General Electric CEO Jeffrey Immelt listen to a speaker during an economic development news conference at GE Global Research on Tuesday, July 15, 2014, in Niskayuna, N.Y.  Cuomo joined Immelt Tuesday at the GE research office to announce that New York state is teaming with General Electric and other companies on a $500 million initiative designed to spur research and development in miniature electronic components.  (AP Photo/Mike Groll)

New York state is teaming with General Electric Co. and other companies on a $500 million initiative to spur high-tech manufacturing of miniature electronics, Gov. Andrew Cuomo and GE CEO Jeffrey Immelt announced Tuesday.

The state will invest $135 million for the collaborative program, which will be based out of the SUNY College of Nanoscale Science and Engineering in Albany. Fairfield, Conn.-based GE and other companies will contribute the remaining $365 million.

The work will focus on the development of new, smaller semiconductors for computers and technology used in many industries, including solar power, health care and aviation.

Immelt said small, powerful semiconductors will be one of a handful of technologies that “are going to define the next 20 or 30 years globally.”

“This is going to be at the hub of creating jobs and industries in the future,” he said at Tuesday’s announcement, held at a GE research office.

The public-private partnership, known as the New York Power Electronics Manufacturing Consortium, will allow private companies to use the facilities at the state’s nanotech campus in Albany. University researchers from around the state will also participate.

The idea is to use the state’s nanotech facility to attract researchers and private companies to create a high-tech cluster in New York state.

“The businesses come for the facility and the equipment and the research and the businesses stay for the cluster of the companies that are all working on the project,” Cuomo said. “The state finances the magnet that attracts the companies.”

GE’s work will focus on developing low-cost silicon carbide wafers, which are more efficient and powerful than traditional silicon chips. That means devices can be smaller and lighter than standard devices that use silicon.

Related Articles Read More >

Trump blocks new Harvard visas after $3 billion in frozen research funds
lab workers
‘Big Beautiful Bill Act’ proposes restoring full R&D expensing for 2025-2029
NSF caps indirect costs at 15% for new university grants
NSF chief quits as DOGE drives 55% budget cut and grant freeze
rd newsletter
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest info on technologies, trends, and strategies in Research & Development.
RD 25 Power Index

R&D World Digital Issues

Fall 2024 issue

Browse the most current issue of R&D World and back issues in an easy to use high quality format. Clip, share and download with the leading R&D magazine today.

Research & Development World
  • Subscribe to R&D World Magazine
  • Enews Sign Up
  • Contact Us
  • About Us
  • Drug Discovery & Development
  • Pharmaceutical Processing
  • Global Funding Forecast

Copyright © 2025 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search R&D World

  • R&D World Home
  • Topics
    • Aerospace
    • Automotive
    • Biotech
    • Careers
    • Chemistry
    • Environment
    • Energy
    • Life Science
    • Material Science
    • R&D Management
    • Physics
  • Technology
    • 3D Printing
    • A.I./Robotics
    • Software
    • Battery Technology
    • Controlled Environments
      • Cleanrooms
      • Graphene
      • Lasers
      • Regulations/Standards
      • Sensors
    • Imaging
    • Nanotechnology
    • Scientific Computing
      • Big Data
      • HPC/Supercomputing
      • Informatics
      • Security
    • Semiconductors
  • R&D Market Pulse
  • R&D 100
    • Call for Nominations: The 2025 R&D 100 Awards
    • R&D 100 Awards Event
    • R&D 100 Submissions
    • Winner Archive
    • Explore the 2024 R&D 100 award winners and finalists
  • Resources
    • Research Reports
    • Digital Issues
    • Educational Assets
    • R&D Index
    • Subscribe
    • Video
    • Webinars
  • Global Funding Forecast
  • Top Labs
  • Advertise
  • SUBSCRIBE