Secretary Raimondo & Senator Rosen Announce $21 Million for NV Tech Hub Focused on Lithium Industry
United States Secretary of Commerce Gina Raimondo held a press conference with Nevada Senator Jacky Rosen from the Reno, Nevada, headquarters of Dragonfly Energy. During the event, Senator Rosen, alongside Secretary of Commerce Raimondo, announced an investment of $21 million in federal funding in the Nevada Tech Hub, a consortium led by the University of Nevada, Reno.
The Nevada Tech Hub is one of several Tech Hubs across the country developed to scale up the production of critical technologies, create jobs in innovative industries, strengthen U.S. economic competitiveness and national security, and accelerate the growth of future industries across the U.S. The focus of the Nevada Tech Hub is to build a self-sustaining and globally competitive complete lithium life cycle within the state, spanning extraction, processing, manufacturing, and recycling.