Bipartisan infrastructure law (BIL) - advanced metals and component manufacturing facility to boost domestic supply chain resiliency of transformers and motors for grid and electric vehicle…
Active Cooperative Agreement Awarded Last action
- Award ID
- DEMS0000072
- Recipient
-
Corepower Magnetics Inc. UEI ZG4MT7M5THD1
- Awarding agency
-
National Energy Technology Lab
Department of Energy
- Obligated
- $39,991,449
Award facts
- Assistance listing
- 81.253 Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications
- Completion date 82% complete
- Funding
-
- $19,974,887.00 Federal
- $20,016,562.00 Non-federal
- Funding agency
- Department of Energy
- Place of performance
- Pittsburgh, PA 15219, USA
Award details come from USAspending.gov.
Description
Bipartisan infrastructure law (BIL) - advanced metals and component manufacturing facility to boost domestic supply chain resiliency of transformers and motors for grid and electric vehicle applications. The objective of the project is to establish =10,000 tons per year of soft magnetic amorphous metal production capacity capable of meeting distribution transformer standards.
Transactions
| Action | Federal | Non-federal | Date |
|---|---|---|---|
| Amendment | $0 | $20,016,562 | |
| Amendment | $0 | $0 | |
| Amendment | $0 | $0 | |
| Amendment | $0 | $0 | |
| Amendment | $0 | $0 | |
| Original award | $19,974,887 | $0 |
Quick answers
Who received award DEMS0000072?
DEMS0000072 was awarded to Corepower Magnetics Inc. by National Energy Technology Lab (Department of Energy) on March 15, 2025.
How much is award DEMS0000072 worth?
$39,991,449 has been obligated on DEMS0000072: $19,974,887 in federal funding and $20,016,562 in non-federal funding.
Which agency awarded DEMS0000072?
National Energy Technology Lab (Department of Energy) awarded DEMS0000072, with funding from Department of Energy.
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