U.S. Department of Commerce

The U.S. Department of Commerce is dedicated to promoting job creation, economic growth, and improved living standards for Americans through collaboration with businesses, universities, and communities. The department's responsibilities encompass trade, technology, entrepreneurship, economic development, environmental stewardship, and statistical research. It aims to enhance the international economic position of the United States by facilitating global trade and expanding markets for U.S. goods and services. The department advocates for business policies that foster innovation and competitiveness, enabling companies to thrive domestically and abroad. Additionally, it manages the nation's resources to support environmental and economic health, while also safeguarding public safety and marine life through weather monitoring and resource preservation. Important functions include conducting the decennial census, which underpins American democracy and secures intellectual property rights. The department is led by the Secretary of Commerce and operates with a significant budget and a workforce of nearly 47,000 employees. Established in 1903, the U.S. Department of Commerce is headquartered in Washington, D.C.

Past deals in Semiconductor

Absolics

Grant in 2025
Absolics specializes in advanced packaging technologies and services, providing scalable solutions tailored to high-performance computing businesses. The company manufactures large glass substrates with integrated active and passive elements, designed to enhance signaling characteristics and reduce power consumption for semiconductor packaging applications, primarily serving the high-performance computing, data centers, and AI-related industries.

Analog Devices

Grant in 2025
Analog Devices specializes in designing and manufacturing analog, mixed-signal, and digital signal processing integrated circuits (ICs). These ICs convert, condition, and process real-world phenomena like light, sound, temperature, motion, and pressure into electrical signals for use in various electronic equipment. The company serves a wide range of industries, with over half of its chip sales going to industrial and automotive markets.

Texas Instruments

Grant in 2024
Texas Instruments is a Dallas-based company that specializes in the development and commercialization of semiconductor technology and computer components. It is the world's largest manufacturer of analog chips, which are essential for processing real-world signals such as sound and power. In addition to analog semiconductors, Texas Instruments produces digital signal processors and microcontrollers that serve a variety of electronic applications. The company also focuses on emerging sectors, providing solutions for medical electronics, telecommunications infrastructure, and energy technologies, including low power and solar applications. While the majority of its revenue is derived from semiconductor products, Texas Instruments also generates income from its well-known line of calculators.

JMA Wireless

Grant in 2024
JMA Wireless specializes in mobile wireless connectivity solutions, ensuring reliable infrastructure, efficient operations, and optimal performance for coverage and high-speed data. Their product portfolio includes macro infrastructure, outdoor/indoor distributed antenna systems, and small cell solutions, serving diverse industries such as telecommunications, sports venues, hospitality, manufacturing, and real estate.

Coherent

Grant in 2024
Coherent is a global manufacturer of laser and laser-based solutions for industrial, commercial, and scientific applications. It designs, manufactures, markets, and services lasers, laser tools, precision optics, and related accessories, as well as laser measurement and control products, and it operates in two segments: OEM Laser Sources and Industrial Lasers & Systems. Its products support microelectronics, materials processing, original equipment manufacturer components and instrumentation, and scientific research and government programs. The company markets its products through a direct sales force in the United States and internationally. Founded in 1966, Coherent is headquartered in Santa Clara, California.

GlobalFoundries

Grant in 2024
GlobalFoundries is an American semiconductor foundry that specializes in manufacturing integrated circuits at high volumes. Established in 2009 and headquartered in Santa Clara, California, the company operates multiple fabrication facilities worldwide, including five 200mm fabs in Singapore and several 300mm fabs in Germany, Singapore, and Malta, New York. GlobalFoundries serves a diverse clientele, including major technology companies like AMD, Broadcom, and Qualcomm, and produces chips for various industries such as smartphones, PCs, automotive, and data centers. The company focuses on both advanced and mature process technologies, including FinFET and Fully Depleted Silicon On Insulator (FD-SOI) technologies. Originally part of Advanced Micro Devices, GlobalFoundries has grown to become one of the top contract semiconductor manufacturers globally, following key mergers and acquisitions, including Chartered Semiconductor Manufacturing and IBM's chipmaking division.

Powerex

Grant in 2024
Powerex specializes in the production of high-power semiconductor solutions, including discrete devices, modules, and integrated circuits. Its product portfolio comprises Insulated Gate Bipolar Transistors (IGBTs), High Voltage IGBTs (HVIGBTs), rectifiers, thyristors, custom power modules, and assemblies.

Hemlock Semiconductor

Grant in 2024
Founded in 1961, Hemlock Semiconductor specializes in developing and producing high-purity polysilicon for electronic and solar power industries. Its products enable customers to manufacture advanced electronics and solar panels.

Edwards Vacuum

Grant in 2024
Edwards is a leading developer and manufacturer of sophisticated vacuum products, abatement systems and related value-added services. These are integral to manufacturing processes for semiconductors, flat panel displays, LEDs and solar cells; are used within an increasingly diverse range of industrial processes including power, glass and other coating applications, steel and other metallurgy, pharmaceutical and chemical; and for both scientific instruments and a wide range of R&D applications. Edwards has over 3,200 full-time employees and 500 temporary workers operating in approximately 30 countries worldwide engaged in the design, manufacture and support of high technology vacuum and exhaust management equipment.

Wolfspeed

Grant in 2024
Wolfspeed is a leading manufacturer specializing in wide bandgap semiconductors, particularly silicon carbide (SiC) and gallium nitride (GaN) materials and devices. The company plays a crucial role in the transformation of the semiconductor industry, supporting the transition to electric vehicles, the deployment of faster 5G networks, and advancements in renewable energy and energy storage systems. Wolfspeed offers a range of products designed for power and radio-frequency applications, including use in transportation, power supplies, inverters, and wireless systems. With a workforce of over 550 skilled employees, the company boasts a robust intellectual property portfolio of approximately 2,000 patents and patent applications. Its operations are primarily based in Europe, with additional revenue derived from the United States, China, Hong Kong, and other regions.

Polar Semiconductor

Grant in 2024
Polar Semiconductor is a manufacturer specializing in high-performance, automotive-grade semiconductor devices. The company focuses on 200mm wafer fabrication and designs integrated circuits, discrete silicon wafers, and high-voltage semiconductors. By providing tailored semiconductor solutions, Polar Semiconductor serves clients in the automotive, industrial, and consumer markets. Its extensive research and development capabilities allow the company to meet diverse customer needs and deliver secure, repeatable, and cost-effective chip designs.

SK Hynix

Grant in 2024
SK Hynix is a global leader in semiconductor manufacturing, specializing in DRAM and NAND flash memory. With over three decades of innovation, the company consistently delivers smaller, faster, and lower power semiconductors.

SK Hynix

Post in 2024
SK Hynix is a global leader in semiconductor manufacturing, specializing in DRAM and NAND flash memory. With over three decades of innovation, the company consistently delivers smaller, faster, and lower power semiconductors.

Rogue Valley Microdevices

Grant in 2024
Rogue Valley Microdevices is a full-service MEMS foundry that specializes in the manufacturing of microelectromechanical systems and biomedical devices. By integrating advanced process modules with engineering expertise, the company facilitates a seamless transition from custom design to production. Rogue Valley Microdevices aims to reduce manufacturing lead times while enhancing device yield and performance, thus playing a vital role in the MEMS manufacturing ecosystem. The company offers a flexible equipment set and accommodates smaller batch sizes, making it easier for clients to maintain their existing supply chain relationships. Committed to high-quality manufacturing at competitive prices, Rogue Valley Microdevices serves a diverse clientele across various sectors, including semiconductor, biotechnology, nanotechnology, and MEMS applications.

Entegris

Grant in 2024
Entegris is a leading global supplier of advanced materials and process solutions for the semiconductor industry. With over 50 years of experience, they specialize in materials science and purity, offering collaborative product development to improve yields and performance. Entegris operates globally with approximately 8,200 employees across facilities in North America, Asia, Europe, and Israel.

Absolics

Grant in 2024
Absolics specializes in advanced packaging technologies and services, providing scalable solutions tailored to high-performance computing businesses. The company manufactures large glass substrates with integrated active and passive elements, designed to enhance signaling characteristics and reduce power consumption for semiconductor packaging applications, primarily serving the high-performance computing, data centers, and AI-related industries.

Micron Technology

Grant in 2024
Micron Technology is a leading global semiconductor company that specializes in memory and storage solutions. It designs, manufactures, and sells DRAM components and modules as well as NAND flash memory used in data centers, mobile devices, consumer electronics, automotive, industrial, and embedded applications. The company bases its strategy on core memory technology while pursuing innovations to improve performance, reliability, and energy efficiency, supported by extensive patent activity. Micron operates with a vertically integrated model and draws growth from diversified products and markets that leverage its memory expertise. Its global customer base includes computing, networking, and enterprise applications, as well as mobile and embedded platforms. Through ongoing research and development, Micron advances next-generation memory technologies to enable new applications and extend the reach of memory across computing and infrastructure workloads.

Samsung Electronics

Grant in 2024
Samsung Electronics, a global technology company based in South Korea, operates in various sectors of the electronics industry. It develops, manufactures, and sells a wide array of consumer products, including mobile phones, tablets, televisions, home appliances, and digital cameras. Additionally, it offers PCs, printers, memory and storage products, healthcare equipment, telecommunications infrastructure, and LED lighting solutions. Samsung is also a major player in semiconductor manufacturing and provides services such as repair and consultation for electronic devices. The company operates globally, with a presence in regions like Korea, China, North and Latin America, Europe, the Asia Pacific, and Africa. Its product portfolio ranges from consumer electronics to high-tech components, catering to both individual consumers and enterprise needs.

Taiwan Semiconductor Manufacturing Company

Grant in 2024
Founded in 1987, Taiwan Semiconductor Manufacturing Company is a leading semiconductor foundry, specializing in wafer production processes and design enablement solutions. It serves global customers across various industries, including computer, communications, consumer, and industrial segments.

Intel Corporation

Grant in 2024
Founded in 1968, Intel designs, manufactures, and sells essential technologies for cloud, smart, and connected devices worldwide. Its product portfolio includes platform products like central processing units and chipsets, along with non-platform products such as accelerators, boards and systems, connectivity products, and memory and storage products. Intel serves original equipment manufacturers, original design manufacturers, and cloud service providers.

GlobalFoundries

Grant in 2024
GlobalFoundries is an American semiconductor foundry that specializes in manufacturing integrated circuits at high volumes. Established in 2009 and headquartered in Santa Clara, California, the company operates multiple fabrication facilities worldwide, including five 200mm fabs in Singapore and several 300mm fabs in Germany, Singapore, and Malta, New York. GlobalFoundries serves a diverse clientele, including major technology companies like AMD, Broadcom, and Qualcomm, and produces chips for various industries such as smartphones, PCs, automotive, and data centers. The company focuses on both advanced and mature process technologies, including FinFET and Fully Depleted Silicon On Insulator (FD-SOI) technologies. Originally part of Advanced Micro Devices, GlobalFoundries has grown to become one of the top contract semiconductor manufacturers globally, following key mergers and acquisitions, including Chartered Semiconductor Manufacturing and IBM's chipmaking division.
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