May 10, 2013
CNSE receives $8.3 million to develop next-generation computer chip technology
By: Charles Sweeney
Source: The Troy Record
ALBANY — Gov. Andrew Cuomo announced $8.3 million dollars in funding for high-tech development and manufacturing at the College of Nanoscale Science and Technology.
The Semiconductor Research Corporation is contributing $5 million to CNSE, with the remainder coming from the National Institute of Standards and Technology, the federal technology agency that works with industry to develop and apply technology.
The money will fund efforts at CNSE’s Institute for Nanoelectronics Discovery and Exploration, a special branch within CNSE tasked with developing next-generation computer chip technologies.
“This funding from the SRC and NIST will provide significant support to keep New York state at the forefront of the nanotechnology industry,” Cuomo said in a statement. “We are proud to house the INDEX Institute at the Nano College, where we are investing in cutting-edge innovation and research to develop the next generation of technologies right here in New York.”
On SRC’s website, the North Carolina organization said the funding was for the Nanoelectronics Research Initiative, and was being awarded “to university research centers tasked with demonstrating non-conventional, low-energy technologies that outperform current technologies.”
SRC describes itself as “the world's leading university-research consortium for semiconductors and related technologies.”
The NRI is an effort to develop “the next logic switch,” technologies that go beyond the current paradigm involving ever-smaller and faster semi-conductors, many of which have had their design genesis at CNSE.
“With unique partnerships like this, the Empire State will continue leading the industry, growing the economy, and creating high-tech jobs for New Yorkers,” Cuomo said.
Dr. Alain Kaloyeros, CNSE senior vice President and CEO, called the news especially exciting.
“This is a glowing testimony to Governor Andrew Cuomo’s innovation-driven high-tech economy,” Kaloyeros said. “The fact that CNSE is tapped to lead the consortium without a dime of state funding is a great embodiment of that vision.”
Kaloyeros added that the $8 million grant will translate to much more.
“It’s going to generate an additional $50 million from the private corporations that are our partners,” he said.
With more than $14 billion in high-tech investments, CNSE bills itself as the world’s most advanced research enterprise, which provides over 300 corporate partners with access to leading-edge research and development for the commercialization of nanoelectronics and nanotechnology innovations.