Michigan Companies Will Recieve State Funds to Further Technology

Recently the Michigan Strategic Fund approved a disbursement of funds for the creation of cooperative research and commercialization centers in conjunction with local universities.  A123 Systems Inc. will receive $10 million in funding for furthering research in manufacturing rechargeable lithium batteries for automotive and alternative energy industries.  Local Ann Arbor branch T/J Industries will work in conjunction with the University of Michigan and Michigan State University to carry out the research.  The A123 Center hopes to be able to develop a nanophosphate lithium-ion battery manufacturing plant in Ann Arbor.  They could receive up to $27 million in matching funds from the US Department of Energy.

Adaptive Materials Inc. received a grant of $3 million to fund a center for the research, development, and procurement of solid oxide fuel cells.  They’ll work in conjunction with UM and Lawrence Technological University.  This program is eligible to receive up to $3 million in matching funds from the US Department of Defense.

The State of Michigan established the Center of Energy Excellence program in July.  The initiative is designed to further collaboration between for-profit companies and MI universities.  Talented Ann Arbor students stand to greatly benefit from these programs.

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