Topic: domestic manufacturing
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Trump administration cancels $700M in manufacturing grants
The Department of Energy terminated $720 million in federal manufacturing grants due to missed project milestones and insufficient progress toward national energy objectives, impacting companies in battery materials, recycling, and window insulation. Key affected startups include Ascend Elements ...
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Divergent Secures $290M to Boost Military Component Manufacturing
Divergent Technologies has raised $290 million, valuing the company at $2.3 billion, to scale production of military components like missile parts. The funding will expand its Los Angeles facilities and build a new factory in Oklahoma, using specialized 3D printing for up to 600 distinct parts. T...
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