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The U.S. Department of Commerce signed a preliminary memorandum of terms to provide up to $16 million in direct funding to SkyWater Technology Foundry Inc. for the modernization of its existing facility in Bloomington, Minnesota, creating approximately 70 jobs.
“The proposed investment in SkyWater would support the modernization of its existing facility in Bloomington, Minnesota and is expected to create approximately 70 jobs.”dfecho.com
Summarized from public sources; check the original articles before acting on it.