The program will leverage advancements in materials, manufacturing, and next-generation structural and mechanical design technologies to dramatically reduce the size, cost, and development time of deep-ocean systems.
For over 15 years, the EFRC program has provided a transformational research environment that has brought together the strengths of our National Laboratories and universities to accelerate discovery, develop innovative tools, and train the next generation of the American energy science workforce. The EFRCs will continue to play a vital role in bridging disciplines and institutions, advancing foundational science and strengthening America's leadership to push forward scientific frontiers critical for new energy technologies.
The planned investments are part of a wider $1.5 trillion effort known as the Security and Resilience Initiative (SRI), which was announced by the world's largest bank in October. Days after launch, J.P. Morgan revealed its first investment as part of initiative: a $75 million equity investment in Perpetua Resources, which is aiming to become the first US-based producer of the versatile critical mineral antimony, which has applications in the defense sphere for items like batteries and ammunition.
McCarthy Development, a Los Gatos-based real estate firm that is floating the proposal, intends to bulldoze five buildings on the site and replace them with three new buildings, according to the proposal. Designed as a high-end industrial campus, the facility can support advanced manufacturing, research and development, technology, some warehouse, and office uses, McCarthy Development stated in project plans. The three new buildings are slated to total 437,600 square feet.
Friedman describes his ideal television advertising campaign, an em dash-laden riff on Donald Trump's anti-trans ad campaign from 2024. He writes: "Trump is for he/him - his grievances, his revenge, his corruption - and for bringing old stuff back 'again,' like coal and gasoline cars. Waymo Democrats are for 'We the People' and reinventing American industry anew."
