# Rogue Valley Microdevices to build MEMS foundry in Palm Bay, Florida

The U.S. Department of Commerce announced preliminary terms to provide up to $6.7 million in CHIPS Act funding to Rogue Valley Microdevices for construction of a MEMS and sensor foundry in Palm Bay, Florida. The facility is expected to nearly triple manufacturing capacity and create over 75 jobs.

- Type: New facility
- Announced: 2024-07-01
- Where: Palm Bay, Florida, United States
- Value: $6.70M
- Jobs: 75
- Status: announced
- Capacity: nearly triple manufacturing capacity
- Products: MEMS devices, sensors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Rogue Valley Microdevices](https://endata.com/companies/71109.md)
- [U.S. Department of Commerce](https://endata.com/companies/74718.md) (investor)

## Sources

- [nist.gov](https://www.nist.gov/news-events/news/2024/07/us-department-commerce-announces-preliminary-terms-rogue-valley), 2024-07-01: "The proposed CHIPS investment would support the construction of RVM’s pure play microelectromechanical systems (MEMS) and sensor foundry facility in Palm Bay, Florida."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.