Rogue Valley Microdevices to receive $6.7M CHIPS grant for Florida MEMS fab

The U.S. Department of Commerce signed a non-binding preliminary memorandum of terms to provide up to $6.7 million in direct funding to Rogue Valley Microdevices under the CHIPS and Science Act. The investment would support construction of a MEMS and sensor foundry in Palm Bay, Florida, nearly tripling manufacturing capacity and creating over 75 jobs.

“The proposed CHIPS investment would support the construction of RVM’s pure play microelectromechanical systems (MEMS) and sensor foundry facility in Palm Bay, Florida”nist.gov

• 1 source
• nist.govRogue Valley Microdevices (Florida) | NISTJul 25, 2024

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