• 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

No related articles Found.

Primary Sidebar

— Advertisement —

Digital News Updates Logo

Recent News Posts

  • North Dakota Schools Chief Kirsten Baesler Confirmed as U.S. Assistant Secretary of Education
  • Governor Gianforte Praises $1.5 Million Expansion of Western Montana State Veterans Cemetery
  • Montana Coal Board Awards $1.8 Million for Public Safety and Infrastructure Projects
  • Watchdog says Biden Education Department defied court order on Title IX enforcement

Recent Politics Posts

  • Daines Introduces Bill to Protect Religious Student Groups on College Campuses
  • USITC Advances Probe Into Russian Palladium Imports After Montana Delegation Push
  • Knudsen Leads 27-State Coalition Challenging California’s Magazine Ban
  • Zinke Votes for Short-Term Funding Bill to Avert Government Shutdown

Recent Business Posts

  • Wall Street Rallies to Fresh Highs After Fed Rate Cut
  • Governor Gianforte Welcomes Rivian as First Electric Vehicle Manufacturer in Montana
  • Montana State opens quantum computing facility
  • Warren Buffett Marks 95th Birthday With Reflection on Legacy, Berkshire’s Future

Copyright © 2025 Digital News Updates, All Rights Reserved.