Member News November 2024 Archives - Arizona Technology Council

Arizona is getting 200 MW of Tesla battery storage to meet rising energy demand

electrek Arizona’s grid is getting a huge 200 MW Tesla lithium-ion battery energy storage system to support the state’s growing energy demand. Utility Salt River Project (SRP) and Flatland Storage, a subsidiary of EDP Renewables North America, are launching the Flatland Energy Storage Project, which will help SRP meet the growing energy demands of Arizona’s fast-expandi...

GenTech Foundation: Preparing Today’s Kids for Tomorrow’s Future

City Sun Times Technology drives innovation and economic growth and access to quality STEM education has become crucial for students’ future success. GenTech, an Arizona-based community tech hub, is taking significant strides to address this need in schools across the state. Founded by longtime educator Debbie Kovesdy, GenTech aims to transform lives by providing ...

Intel Finalizes $7.86B Funding Award under U.S. CHIPS Act

inBusiness PHX Intel Corporation and the Biden-Harris Administration announced that the U.S. Department of Commerce and Intel have reached agreement on terms to award the company up to $7.86 billion in direct funding for its commercial semiconductor manufacturing projects under the U.S. CHIPS and Science Act. The award will support Intel’s previously announced plans to adv...

C-Path Announces Gender Equitable Medicines for Parkinson’s Disease (GEM‑PD) Initiative

AZ Bio News Critical Path Institute® (C-Path) today announced a landmark initiative, Gender Equitable Medicines for Parkinson’s Disease (GEM-PD), dedicated to globally advancing actionable research on how Parkinson’s disease uniquely impacts women and individuals across the sex and gender spectrum. “For nearly twenty years, C-Path has served as the worldwide leader i...

NAU and SRP Protect Arizona’s Water and Electric Grid

SignalsAZ “The NAU-SRP collaboration, which is in its seventh year, engages NAU students and faculty experts in solving important water and power distribution problems for Arizona and the broader Southwest,” said Constantin Ciocanel, chair of the Department of Mechanical Engineering. “This year, many of the teams built on prior work to get closer to solving problems tha...

How SRP uses water to create electricity for homes in central Arizona

AZ Family Maricopa County is expected to grow by another 1.5 million people by 2040. That’s a huge number that only includes a portion of the state. The Salt River Project is turning to hydropower, which turns water into energy, to plan for this influx of people and businesses. “It’s a very reliable source as long as there is water,” said Tim Paul, the operations and maint...

Scottsdale City Council approves Axon headquarters plans

Phoenix Business Journal Axon Enterprise Inc. finally has the green light for its long-anticipated headquarters campus. Scottsdale City Council on Nov. 19 approved five items related to the 70-acre mixed-use project, paving the way for one of Arizona’s largest public companies to build a sprawling, $1.3 billion tech-focused campus it believes will help it compete for talent a...

ASU and Deca Technologies selected to lead $100M SHIELD USA project to strengthen U.S. semiconductor packaging capabilities

Photo by Samantha Chow/ASU ASU News The National Institute of Standards and Technology — part of the U.S. Department of Commerce — announced today that it plans to award as much as $100 million to Arizona State University and Deca Technologies for the SHIELD USA initiative. The project will drive innovation in the domestic microchip packaging ecosystem, expand capacity for...

SRP announces new battery storage project south of Phoenix

The Sierra Estrella Energy Storage Facility in Avondale came online earlier this year. SRP has announced another similar facility to be built near Coolidge. Photo credit: SRP Phoenix Business Journal Salt River Project is adding 200 megawatts of new power storage to its grid with the cooperation of a Houston energy company that will build a new battery facili...

TSMC and Arizona Leaders Announce New Semiconductor Career Pathways

inBusiness PHX Reinforcing a commitment to invest locally in new pathways into the semiconductor industry, today TSMC Arizona was joined by Governor Katie Hobbs and Mayor Kate Gallego to announce the expansion of its Registered Technician Apprenticeship program. This announcement comes at the start of National Apprenticeship Week, and alongside a one-day Governors Apprentice...

U of A, ASU researchers testing smart tree watering techniques in urban heat-affected areas

KGUN9 To explore water conservation efforts in urban heat-affected areas like Tucson, researchers at the University of Arizona (U of A) and Arizona State University studied smart irrigation technology to grow trees into maturity. They were able to do this through support from the Smart Tree Watering Regents’ Research Grant. Early research findings from the grant shows that ...

SRP Honors 12 Arizona Businesses Driving Sustainable Change Across the Valley

inBusiness PHX Salt River Project (SRP) recently honored 12 businesses whose participation in SRP’s Business Solutions Program is driving sustainability across Arizona. From energy efficient building upgrades and demand response programs to equipment electrification and solar charging, the winners of the 11th annual Champions of Sustainability are raising the bar on environm...

Yeager Marketing Launches FUEL: A Complete Turnkey Service to Drive Brand Visibility and Lead Generation for B2B Companies

Yeager Marketing News Yeager Marketing, a leading B2B marketing agency for complex industries such as technology, healthcare, financial services and transportation, is announcing the launch of FUEL, a turnkey service designed to help businesses drive both brand visibility and lead generation in a single, powerful campaign package. FUEL delivers everything needed for impactful ...

Biden-Harris Administration Announces CHIPS Incentives Award with TSMC Arizona to Secure U.S. Leadership in Advanced Semiconductor Technology

US Department of Commerce CHIPS Investment Incentivizes Creation of Leading-Edge Cluster in Phoenix, Arizona, and Over 20,000 Jobs; and Includes Commitment to Produce A16 Technology Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded TSMC Arizona Corporation (TSMC Arizona), a subsidiary of Taiwan Semiconductor Manufacturing Company Lim...

ASU President Michael Crow Named to TIME100 Climate List, a First for a University President

inBusiness PHX Arizona State University President Michael Crow has been named to the 2024 TIME100 Climate list of leaders and innovators driving real climate action. The list includes leaders across a range of fields, from policy to business to education. TIME’s editors spent months vetting names from across the economy. They prioritized measurable, scalable achievements...

ASU’s SWAP Hub Projects Secure $30 Million in Federal Funding

inbusinessPHX The Southwest Advanced Prototyping Hub, based at Arizona State University and comprised of more than 170 members — 75 large companies, 28 academic institutions and more than 60 small businesses — has been awarded nearly $30 million in federal funding for five projects aimed at strengthening U.S. semiconductor manufacturing. Hubs such as this serve as a crucial link betwe...

DMD Systems Recovery Expands ITAD Services by Acquiring Basket Materials

dmdsystems.com DMD Systems Recovery, LLC (DMD), a Reuse First™ IT Asset Disposition (ITAD) services provider, is excited to announce the acquisition of Basket Materials, a Bay Area-based ITAD company renowned for its commitment to sustainability and innovation. This acquisition strengthens DMD’s presence in Northern California, enhancing support for the Bay Area’s growing tech marke...

Cordia acquires Duquesne University’s power plant distribution system assets

Image: Cordia Energy Phoenix Business Journal Call it a power play move. Duquesne University said it has finalized the sale of its thermal energy plant distribution system assets to Phoenix-based Cordia for $50 million and entered into an amended 35-year energy service agreement. The deal is subject to regulatory approval, the university said. The assets include pipes, electrical lines and ...

Amazon delivery drones now flying the skies of Arizona

Image: Amazon Phoenix Business Journal Amazon.com Inc. is taking flight in Arizona. The e-commerce giant is expected to start delivering packages using its new drone technology on Nov. 5 across the west side of metro Phoenix. Amazon (Nasdaq: AMZN) received key approvals from the Federal Aviation Administration in late October to fly the drones beyond a pilot’s visual line of sight,...

Brandon Michaels has ‘people first’ focus as CEO of OneAZ Credit Union

Brandon Michaels, OneAZ’s president and CEO. Jim Poulin | Phoenix Business Journal Phoenix Business Journal When Brandon Michaels joined OneAZ Credit Union as president and CEO in May 2023, his goal was to build upon the credit union’s legacy as a ‘people first’ organization. A year and a half later, Michaels has remained focused on that mission, while also ensuring the credi...

Earnings roundup: Avnet quarterly results exceed Wall Street expectations

Phoenix Business Journal Carvana Co.’s stock rocketed to a nearly three-year high in after hours trading on Wednesday after the Tempe-based used car retailer reported third quarter financial results that exceeded Wall Street expectations. Meanwhile, Avnet Inc., Arizona’s largest public company, also saw its shares move sharply higher on solid quarterly results. Carvana (Nasdaq: CVNA) r...

Intel offers upbeat outlook after posting earnings surprise

Phoenix Business Journal Exacerbated by restructuring charges, Intel Corp. posted another loss in the third quarter — but better-than-expected sales prompted the beleaguered chipmaker issued fourth-quarter guidance above estimates. That lifted Intel’s battered stock in after-hours trading on Thursday. Shares (Nasdaq: INTC) rose as much as 13% in the half-hour after the quarterly re...

Arizona State president named as Edison Award recipient

Phoenix Business Journal The Edison Awards, an organization dedicated to honoring the world’s most innovative new products and services, has named Michael Crow, president of Arizona State University, as the 2025 Edison Achievement Award honoree. This prestigious award recognizes Crow’s transformative leadership in higher education, where he has redefined the role of the public resea...