• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Digital News Updates
  • Home
  • News
  • Politics
  • Business

Montana gets $40 million in federal funds for innovation research

July 9, 2024

(The Center Square) – Montana is receiving $40 million in federal funds due to legislation sponsored by U.S. Sen. Steve Daines.

The “Endless Frontier Act” calls for increased investments in science and technology innovation as a way of strengthening the U.S. economy and national security to compete with China and other nations.

“Montana continues to lead the nation in innovation,” said Gov Greg Gianforte in a news release. “Thanks to our growing dominance in new and emerging industries like photonics and quantum computing, Montana is quickly becoming the envy of the nation.”

Photonics involves light, the science of it and the technology it brings. Systems involve various uses, from commercial equipment to communications devices and biomedical equipment, among other things.

The $40 million will go toward the Montana Headwaters Hub. Led by Accelerate Montana, the Hub will work with existing companies and infrastructure in Bozeman, Missoula and other areas to create and deliver smart photonic sensing systems and autonomous systems that will address everything from disaster prevention needs to resource management and defense. Daines said The Treasure State is already home of leading photonics companies and believes this will only help the situation. 

“Montana is leading the country in tech innovation, which will help us win the race against China, create good-paying jobs here at home and further boost our economy,” said Daines in a separate news release. “I am grateful to help advance Montana’s ability to contribute even further to the important research, development, and jobs that will help strengthen our national security and help the country stay competitive globally.”

The “Endless Frontier Act” was included in the “Chips and Science Act,” which President Joe Biden signed into law in August 2022. Daines was the only federal legislator from Montana to sponsor the measure. 

 

  • By Chris Woodward | The Center Square contributor

Filed Under: Business, News

Related Articles:

  • Amazon Pays $2.25 Million to Settle Federal Identity Theft Records Case
  • Stocks Slip Friday to Close Out Volatile Week
  • Bitcoin and Gold Surge After a Bruising Start to August
  • TIKTOK TO PAY $400 MILLION TO SETTLE CHILDREN’S PRIVACY SUIT
  • Montana Ranks Second in Nation for Hourly Wage Growth
  • Treasury Permanently Ends Beneficial Ownership Reporting for U.S. Businesses

Primary Sidebar

— Advertisement —

Digital News Updates Logo

Recent News Posts

  • Navy Advances MH-60 Modernization
  • Warsh Marks 100 Days as Fed Chairman With Break From Forward Guidance
  • VIOLENT CRIME FELL 9.3% IN 2025
  • Trump Unveils New Space Transportation Policy

Recent Politics Posts

  • Armstrong Appoints Tony Hillig as North Dakota Parks and Recreation Director
  • Cascade County Investigates Signature-Gathering Fraud Tied to Bodnar, Eisenhauer Campaigns
  • Poll: Majority of voters concerned with rise of socialism, communism
  • Knudsen-Led AG Group Targets 13 States in Election Push

Recent Business Posts

  • Stocks Slip Friday to Close Out Volatile Week
  • Teton Auto Group Expands Into Montana With Bozeman Dealership Acquisition
  • TIKTOK TO PAY $400 MILLION TO SETTLE CHILDREN’S PRIVACY SUIT
  • NVIDIA HEADS INTO EARNINGS

Copyright © 2026 Digital News Updates, All Rights Reserved.