Highlights: Tech R&D jobs reached record high in 2025. Albany County had state’s third largest annual gain in tech R&D jobs. Schenectady County’s tech R&D employment surpassed its pre-COVID level. Major R&D investments in the region were announced by IBM, GlobalFoundries and others. The Capital Region’s tech R&D
Highlights DARPA awards to Capital Region firms totaled $29.6 million over last five years. FY2025 DARPA awards in Capital Region up 293.4% from previous year. NY-20 ranks 26th in U.S. and 6th in Northeast for DARPA awards over last five years. The Capital Region is one of the top
Highlights: NY Creates and partners at its Albany NanoTech Complex pioneer 3D heterogeneous integration (3DHI) R&D as the semiconductor industry enters the post-scaling era. IBM Research, GlobalFoundries, GE Aerospace are involved in DARPA projects related to 2.5D/3DHI R&D. Local semiconductor startups get DARPA funding for 2.5D/3DHI-related R&D. Albany-based researchers from
Highlights Capital Region university R&D spending in the computer and information sciences field increased by 168 percent in FY2024. AI and quantum investments at UAlbany and RPI drove R&D spending in this field. Computer and information sciences R&D is now the region’s third largest research field, up from
Highlights Capital Region NIH R&D awards totaled $54 million in fiscal 2025 Lowest total funding in more than 34 years UAlbany NIH R&D awards at six-year high AI powers several NIH-funded research projects National Institutes of Health funding for research at Capital Region firms and institutions declined to its
The Capital Region’s professional, scientific and technical services sector created a record number of jobs in 2023, according to a Center for Economic Growth (CEG) analysis of new data from the U.S. Census Bureau’s Business Dynamics Statistics series. In the eight-county Capital Region in 2023, the professional, scientific and
The Center for Economic Growth (CEG) this week will be representing the Capital Region’s Advanced Electronics R&D and Manufacturing Cluster at SEMICON West in Pheonix. There are several major projects for CEG to highlight, including the multi-billion dollar EUV Lithography Center at the Albany NanoTech Complex, with accessible standard EUV
The Capital Region’s small firms and academic institutions saw an uptick in patent awards in 2024 after dipping the previous year. And nearly a dozen local small firms – including one headed by Etsy’s founder – received their first patents, according to a Center for Economic Growth (CEG) analysis of
GE Aerospace’s Hypersonic Dual-Mode Ramjet Capital Region tech firms are developing advanced materials that can withstand high temperatures, ranging from those experienced by hypersonic vehicles, rockets and hydrogen-powered long-haul tucks. Starfire Systems Last year, Starfire Systems in Glenville was granted its first patent in a decade. The
Contract manufacturing operations in the Capital Region’s Life-Sciences Cluster have been expanding their abilities to produce kilogram-scale batches of small molecules and active pharmaceutical ingredients (APIs) in facilities that are compliant with good manufacturing practices (GMP). At the University of Albany’s Health Sciences Campus in East Greenbush, two biotech firms
