A $41 million investment has been secured for the Headwaters Tech Hub.
This article was edited on June 3, 2024 at 12:00 pm.
MONTANA — A $41 million investment has been secured for the Headwaters Tech Hub.
According to a press release issued by Montana Senator Jon Tester’s office on the morning of Tuesday, July 2, the second phase of grant funding will further Headwaters Tech Hub’s efforts to expand the state’s sensing technology strengths to address autonomous systems, national defense, precision agriculture and critical resource management.
The funding will come from a bill introduced by Montana Senator Steve Daines called the Endless Frontier Act.
For further background, Congress has a bipartisan CHIPS and science law The company has invested in high-tech manufacturing across the country in 2022.
BOZEMAN, Montana – Montana State was selected from a field of nearly 200 applicants after undergoing the most rigorous screening process…
Establishing a regional tech hub in Montana will help Montana CHIPS and science law that The bill also promises to include rural states, and Tester asked the Biden administration in February to grant this second phase of funding to the Headwaters Tech Hub.
“Montana is a big state capable of doing big things, and we’ve proven our ability to lead the nation in innovation, ensuring America can continue to win against countries like China.” Tester said. “That’s exactly why I fought to secure a major $41 million investment in the Headwaters Tech Hub and why I’ve served as a leading voice in the Senate defending the untapped potential of rural America. Bringing good-paying jobs back to America, securing our domestic supply chain, and developing next-generation technology really starts with investing right here in the Treasure State, and I will continue to work with the Headwaters team to ensure they have the resources they need to succeed.”
That funding wouldn’t have been possible without the Endless Frontier Act, according to Daines’ office, who is the only member of Montana’s delegation to have introduced the bill.
“Montana is leading the nation in technological innovation, which will help us compete with China, create good-paying jobs here at home, and further boost our economy.” Daines said. “From optics and photonics to quantum computing, we are pleased to help advance Montana’s capabilities to further contribute to the critical research, development and jobs that strengthen our national security and help our nation remain globally competitive.”
Montana’s Headwaters Tech Hub has received $42 million in the second phase of federal funding.