U.S. Launches Nationwide Emerging Technology Investment Campaign

by:Gewinn     2022-04-27
Recently, the U.S. government launched the Advanced Manufacturing Partnership (AMP) program. The program is a national initiative to work together through industry, universities, and the federal government to work together on emerging technologies that can create manufacturing jobs and enhance U.S. global competitiveness, especially in relation to national security. key industries) to invest. The projected $500 million program will use existing funding and future grants from various federal agencies to drive innovation in advanced manufacturing technologies such as small high-performance batteries, advanced composites, metal processing, biofabrication and alternative engineering . The program's goals are to: strengthen critical industries critical to national defense; establish U.S. leadership in the next generation of robotics; improve energy efficiency in manufacturing; and develop new technologies that help increase productivity. The relevant person in charge of the American Manufacturing Technology Association said that collaboration is the key to accelerating the development of next-generation manufacturing technologies and products, as well as building an intelligent workforce in the manufacturing industry. Given the current fiscal deficit, it is a great plus to start the program quickly with available funds. Yet as Congress battles endlessly over the debt ceiling and budget this summer, it must be considered that investments now in science, technology, and developing an intellectual workforce will boost U.S. revenues in the long run.
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