United States Senator Chuck Schumer says the National Science Foundation has allocated $2 million in federal funding for photonics research at the University of Rochester. The New York Democrat says researchers will use it to investigate quantum photonics with an eye to creating silicon based photonic computer chips. They could massively speed up information processing […]
City’s Credit Rating Gets a Boost
Standard and Poor’s has uprated the City of Rochester’s credit rating. The agency raised its rating on the city’s bond debt from A+ to AA-. They cite mainly the increase in city property values…up by more than nine-and-a-half percent in the past year. That’s partly due to the federal government decision to put the headquarters […]
House Bill Would Fund Photonics Expansion
The 2017 Defense Appropriations Bill being debated in the House of Representatives this week includes more than $25 million for Rochester’s Photonics Institute. It’s one of eight specialized manufacturing institutes across the country being funded under the bill. Congresswoman Louise Slaughter says it’s a national security priority that the United States be able to produce […]