Akash Systems Oakland site

Oakland, CA. Wafer fab.

Akash Systems

West Oakland 40,000 sq ft cleanroom build-out

Announced as of Nov 13, 2024

Build-out of a 40,000 sq ft cleanroom in an existing West Oakland building within a $121M total investment; CHIPS PMT up to $18.2M in Nov 2024.

Investment: $121M
Jobs: not stated
Announced: Nov 13, 2024
Target: not stated
Type: Wafer fab
Process or product: not stated
Wafer size: not stated
CHIPS Act funding: $18.2M (preliminary terms)

Timeline

Nov 13, 2024Funding
Commerce signed a non-binding PMT with Akash Systems for up to $18.2 million in CHIPS funding.
NIST

Sources (2)

NIST news archive: Biden-Harris Administration Announces Preliminary Terms with Akash Systems (item dated 2024-11-13) NIST, Nov 13, 2024
CHIPS for America: The CHIPS Program Office Vision for Success: Two Years Later (appendix of awards and proposed investments) NIST CHIPS for America

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Figures are what the company or an agency announced. "Not stated" means no source gives a number for this site. A status is only as current as its "as of" date.