Rogue Valley Microdevices

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 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.

Rogue Valley Microdevices will open a second microfabrication facility in Palm Bay, Florida, with a $25 million capital investment. The 50,000-square-foot facility will create 30 jobs over 3 years, with initial MEMS device production slated for 2024.