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GLOBALFOUNDRIES and SkyWater Technology Sign MOU for Technology Development to Strengthen Domestic Supply Assurance for U.S. Government

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Santa Clara, Calif., and Bloomington, Minn., June 18, 2020 (GLOBE NEWSWIRE) — GLOBALFOUNDRIES® (GF®), the world’s leading specialty foundry and a longtime supplier of microelectronics to the U.S. Department of Defense (DoD), and SkyWater Technology, a U.S.-based and owned Trusted Foundry, today announced the companies have signed a Memorandum of Understanding (MOU) to manufacture secure solutions for the U.S. defense industrial base and cooperate on development of emerging technologies. The partnership will strengthen domestic supply and provide secure access to advanced technologies, while extending the availability and sustainability of Trusted semiconductor manufacturing in the U.S.GF’s proven track record as a longtime supplier of secure semiconductor solutions for the defense industry dovetails with SkyWater’s focus on developing capabilities for enabling critical microelectronics technologies for national security applications. Notably, SkyWater is bringing to market a 90nm Strategic Rad-Hard process technology via an up to $170M DoD investment which, when combined with diverse GF platforms, will provide a richer portfolio of key defense technology offerings. The collaboration is also exploring possibilities for dual fab processing that would streamline access to secure technologies for defense programs. Additionally, as a part of the MOU, GF and SkyWater will align technology roadmaps and leverage unique and complementary capabilities for development and high-volume production path to market for advanced computing, artificial intelligence and related technologies.“SkyWater’s strategic relationship with the U.S. government provides distinct value and through this developing partnership accelerates our collective commitment to strengthen domestic manufacturing capabilities while streamlining access for aerospace and defense clients,” said Mike Hogan, senior vice president and general manager of AIM SBU and Aerospace and Defense at GF. “As Trusted semiconductor manufacturers, we are in a unique position to extend the availability of advanced technologies, while ensuring a secure eco-system for dual domestic sourcing to serve the U.S. government and its technology needs for the future.”“GF’s support of defense programs is long and distinguished and we’re excited to begin a new chapter of cooperation to enhance our support for this important community,” said Dr. Brad Ferguson, Chief Technology Officer and Sr. Government Relations Executive at SkyWater Technology. “This MOU shows proactive industry cooperation that can complement developing government policy focused on restoring American leadership for semiconductor manufacturing.”Senator Patrick Leahy (D-Vt.), a longtime partner with the Essex-based fab, said, “This partnership helps strengthen a secure supply chain for our nation’s most sensitive technology. Americans and Vermonters especially have long been leaders in designing and manufacturing highly advanced technology. The agreement announced today will improve U.S. competitiveness and leadership in this vital sector.”Minnesota Congressman, Dean Phillips, stated, “I’m on a mission to inspire collaboration and bring more of our hard-earned tax dollars back to Minnesota. I’m pleased that the agreement between SkyWater in Bloomington and GlobalFoundries accomplishes both. This partnership will help ensure that Minnesota continues to be a national leader in advanced technology and high-skill job creation.”Erica McGill
GLOBALFOUNDRIES
(518) 795-5240
erica.mcgill@globalfoundries.com Ross Miller
SkyWater
(952) 851-5063
ross.miller@skywatertechnology.com Lauri Julian
SkyWater
(949) 280-5602
lauri.julian@skywatertechnology.com

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Artificial Intelligence

Global Cooling Towers Industry

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New York, July 10, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Cooling Towers Industry” – https://www.reportlinker.com/p05443587/?utm_source=GNW
9 Billion by 2027, growing at a CAGR of 2.9% over the analysis period 2020-2027.Heavy Industrial & Utility, one of the segments analyzed in the report, is projected to grow at a 3.1% CAGR to reach US$2.2 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Air Conditioning/HVAC segment is readjusted to a revised 3.4% CAGR for the next 7-year period. This segment currently accounts for a 27% share of the global Cooling Towers market.
Babcock & Wilcox SPIGBaltimore Aircoil CompanyBELL COOLING TOWERSBERG Chilling Systems, Inc.Brentwood Industries, Inc.Composite Cooling SolutionsCooling Tower Depot, Inc.Cooling Tower Systems, Inc.Delta Cooling Towers, Inc.EnexioENGIE Refrigeration GmbHEvapco, Inc.Evaptech, Inc.Ilmed Impianti SrlInternational Cooling TowerKelvion Holding GmbHLiang Chi Industry (Thailand) Co., Ltd.Mesan Cooling Tower Ltd.Paharpur Cooling Towers LimitedREYMSA COOLING TOWERS, Inc.Ryowo Holding Co., Ltd.SPX Cooling Technologies, Inc.Star Cooling TowersSuperchill Australia Pty Ltd.Thermal Care, Inc.Clare: clare@reportlinker.com
US: (339)-368-6001
Intl: +1 339-368-6001

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Augmented Reality Software Global Market Report 2020-30: Covid 19 Growth and Change

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New York, July 09, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Augmented Reality Software Global Market Report 2020-30: Covid 19 Growth and Change” – https://www.reportlinker.com/p05930661/?utm_source=GNWClare: clare@reportlinker.com
US: (339)-368-6001
Intl: +1 339-368-6001

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Fashion E-Commerce Global Market Report 2020-30: Covid 19 Growth and Change

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New York, July 09, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Fashion E-Commerce Global Market Report 2020-30: Covid 19 Growth and Change” – https://www.reportlinker.com/p05930662/?utm_source=GNW
25 billion in 2019 to $485.62 billion in 2020 at a compound annual growth rate (CAGR) of -8.59%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing and remote working, and the closure of industries and other commercial activities. The entire supply chain from production to international trade has been impacted. The market is expected to recover and reach $672.71 billion in 2023 at a CAGR of 11.48%.
Clare: clare@reportlinker.com
US: (339)-368-6001
Intl: +1 339-368-6001

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