SOREDI Member Rogue Valley Microdevices Receives CHIPS Act Funding

Rogue Valley Times featured article, July 20, 2024:

Rogue Valley Microdevices gets CHIPS Act funding for Florida expansion

Woman- and minority-owned company still plans to maintain fabrication lab in Medford

A 300 mm wafer is shown in this photo supplied by Rogue Valley Microdevices. The Medford-based company’s expansion to Florida’s “Space Coast” will utilize $6.7 million in CHIPS and Science Act funding.
*Rogue Valley Microdevices*

A Medford-based microelectronics manufacturer is getting $6.7 million in CHIPS Act funding as part of an expansion to Florida, but Rogue Valley Microdevices’ CEO says the foundry still has a bright future in its namesake region.

Jessica Gomez, who also founded the company, said in a phone interview last week that the company’s fabrication lab is staying put, and that it will be upgraded once the company completes its expansion to Palm Bay, Florida.

“That will still be there and operational,” Gomez told the Rogue Valley Times.

The company, founded in 2003, specializes in manufacturing microelectromechanical systems, or MEMS, which are electronic systems on a chip such as sensors containing both electrical and mechanical components.

In early July, the U.S. Department of Commerce announced that the company signed a non-binding preliminary agreement using funding from President Joe Biden’s CHIPS and Science Act, which was passed in 2022 with bipartisan support to ensure the United States continues its technological leadership in the semiconductor industry. The funding will triple Rogue Vally Microdevices’ capacity.

To read the entire article, click this link

Thank you, RV Times, for featuring this article of a robust traded sector business here in Southern Oregon. Congratulations to Jessica Gomez and Rogue Valley Microdevices for this expansion and for the founding and developing a strong product in the tech industry!

Feature Photo – Rogue Valley Microdevices founder and CEO Jessica Gomez, right, stands with U.S. Secretary of Commerce Gina Raimondo. Gomez is the first woman- and minority-owned microelectromechanical systems manufacturer to receive funding from President Biden’s CHIPS and Science Act for the company’s Florida expansion. Rogue Valley Microdevices