Ashton Carter Announces $75-Million Investment in Silicon Valley Flexible Hybrid Electronic Hub
On Friday, Ashton Carter, the Defense Secretary, landed at Moffett Federal Airfield marking his second visit to the Silicon Valley in last four months. He was there to reassure the leaders of Silicon Valley technology industry that the Pentagon considers their work as fundamental to the defense future of the nation.
During a speech in a location near the airfield, Carter said "I've been pushing the Pentagon to think outside our five-sided box and invest in innovation here in Silicon Valley and in tech communities across the country. Now we're taking another step forward."
In an announcement he said, the Pentagon will be investing $75 million in a consortium of hundred or more companies which include Apple Inc. Hewlett-Packard, Boeing Co, General Motors, Motorola and others to create a new Flexible Hybrid Electronic Institute that will specializes in wearable electronics. In a five years time, colleges and local governments also would contribute additional $96 million.
The Department of Defense and the private consortium, would work together to improve the United State's status in, "next-generation bendable and wearable electronic devices."
While touring the valley, Carter went to LinkedIn's Mountain View campus and the Pentagon's Defense Innovation Unit-Experimental that was launched four months back in April to explore new and upcoming technologies for military purposes.
New Zealand News
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