The Institute for Advanced Composites Manufacturing Innovation® (IACMI), headquartered in Knoxville, Tennessee, announced it is receiving a funding renewal from the Department of Energy (DOE).
IACMI becomes the first clean energy institute to be renewed by DOE. IACMI will be receiving federal funding across five fiscal years, with a first-year investment of $6 million to further technological R&D and accelerate commercialization in the domestic composites manufacturing sector.
This federal funding builds upon initial institute funding of $70 million from DOE and over $180 million from IACMI’s member partners. The funding will be applied to the continued research and development of advanced composites technologies that support US decarbonization and strengthen IACMI’S three strategic pillars: technology, economy and workforce development.
Since 2015, IACMI and DOE have invested in a shared infrastructure that collectively delivers a breadth and scale of open-access composites manufacturing R&D capabilities that stand unmatched in the US.
For more information, visit www.iacmi.org.
