Biden administration picks 31 regional tech hubs to spur US innovation
© Reuters. FILE PHOTO: U.S. Secretary of Commerce Gina Raimondo attends a press conference at the Boeing Shanghai Aviation Services near the Shanghai Pudong International Airport, in Shanghai, China August 30, 2023. REUTERS/Aly Song/File Photo
"Those tech ecosystems are concentrated in just a few places around the country," Raimondo said."They don't reflect the full potential of our country.... They don't corner the market on great ideas." The Biden administration this month announced seven"hydrogen hubs" in 16 states would share $7 billion to jump-start the emerging industry.
A Washington state and Idaho hub will focus on developing new materials for more fuel-efficient next-generation aircraft, while an Oklahoma hub seeks to commercialize autonomous systems in areas like agriculture and pipeline inspections. A Wisconsin program aims to develop personalized medicine.Raimondo said the administration next year plans to award about five to 10 of the 31 tech hubs up to $75 million each.