Obama Administration To Open Wearable Tech R&D Center In Silicon Valley
The White House and the Department of Defense are working with the private sector to build flexible, wearable electronics.
The Obama administration and the Pentagon are giving the wearables industry a big push. On Friday, defense secretary Ash Carter will announce that the Department of Defense is investing $75 million in a "flexible hybrid electronics" innovation center in Silicon Valley; in addition to the Pentagon's contribution, the new institute will receive more than $90 million in funding from academia, corporate interests, and local governments for a total of about $171 million.
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