Ras

National Institute for Innovation and Technology Hosts Austin Semiconductor Panel, Awards GlobalFoundries & Applied Materials, Inc. for Pioneering Semiconductor Registered Apprenticeships

Retrieved on: 
Thursday, April 4, 2024

AUSTIN, Texas, April 4, 2024 /PRNewswire/ -- Today the National Institute for Innovation and Technology™ —the nation's leader in semiconductor talent pipeline development and U.S. Department of Labor (USDOL) national Intermediary responsible for establishing and expanding Registered Apprenticeships (RAs) throughout semiconductor and nanotechnology-related industry supply chains—awarded two semiconductor industry giants, GlobalFoundries® and Applied Materials, Inc. for their work in establishing semiconductor manufacturing RAs.

Key Points: 
  • GlobalFoundries was awarded for instituting the nation's first semiconductor Registered Apprenticeship Program (RAP), which graduated its first apprentices last year at the company's manufacturing facility in Malta, New York.
  • "GlobalFoundries is committed to building a strong and sustainable pipeline for the next generation of semiconductor talent, and apprenticeships are a vital aspect of this effort," said Clay Nagel, deputy director of technical training at GlobalFoundries.
  • "We are proud of our Registered Apprenticeship programs in New York and Vermont, the first of their kind in the U.S. semiconductor industry.
  • The growth of Registered Apprenticeship Programs in the industry starts with companies like GlobalFoundries and Applied Materials, Inc. taking that first step and pioneering a new model.

National Institute for Innovation and Technology's President & CEO Commends State of the Union's Focus on Apprenticeships and Advanced Manufacturing

Retrieved on: 
Wednesday, March 13, 2024

HANOVER, Md., March 13, 2024 /PRNewswire/ -- The National Institute for Innovation and Technology's President & CEO Mike Russo praised the recent State of the Union address for its emphasis on expanding apprenticeships and bolstering advanced manufacturing. President Biden's comments on workforce development in advanced manufacturing align closely with the Institute's ongoing mission as the nation's leader in the semiconductor talent pipeline development and a U.S. Department of Labor (USDOL) national Intermediary responsible for establishing and expanding Registered Apprenticeships (RAs) throughout semiconductor and nanotechnology-related industry supply chains.

Key Points: 
  • Institute's President & CEO Mike Russo commends President Biden's remarks on apprenticeships and their importance for the economic future of the U.S.
    HANOVER, Md., March 13, 2024 /PRNewswire/ -- The National Institute for Innovation and Technology's President & CEO Mike Russo praised the recent State of the Union address for its emphasis on expanding apprenticeships and bolstering advanced manufacturing.
  • "In the State of the Union address, we heard a powerful commitment to the future of our workforce.
  • The focus on apprenticeships and 'learn-and-earn' opportunities and the push for innovation in advanced manufacturing are steps in the right direction to secure the country's technological and economic leadership," said Russo.
  • "At the Institute, we've seen firsthand the transformative impact of these initiatives through our successful partnerships with industry leaders."

National Institute for Innovation and Technology President & CEO Michael Russo Appointed to U.S. Labor Secretary's Advisory Committee on Apprenticeship (ACA)

Retrieved on: 
Thursday, March 7, 2024

HANOVER, Md., March 7, 2024 /PRNewswire/ -- In acknowledgment of his decades of subject-matter expertise in workforce development and semiconductor manufacturing, the National Institute for Innovation and Technology's President & CEO Mike Russo was appointed this week to the U.S. Acting Secretary of Labor's ACA.

Key Points: 
  • "It is an honor to be appointed to the Acting Secretary of Labor Julie Su's advisory committee for apprenticeships.
  • "The newly appointed members of the Advisory Committee on Apprenticeship offer unique perspectives, which the Department of Labor will leverage to develop strategies that drive innovation in apprenticeship.
  • The community college district worked alongside industry employers, the Institute, and other stakeholders to create the RA program.
  • The district's Chancellor Lee D. Lambert was one of the 30 individuals appointed to the committee.

Wolfspeed Launches New York Semiconductor Registered Apprenticeship Program with Support from the National Institute of Innovation and Technology

Retrieved on: 
Monday, March 4, 2024

HANOVER, Md., March 4, 2024 /PRNewswire/ -- Today the National Institute for Innovation and Technology and the United States Department of Labor (USDOL) applauded U.S. semiconductor manufacturing company Wolfspeed for the establishment of its New York Registered Apprenticeship Program (RAP). As the nation's leader in semiconductor talent pipeline development, the Institute serves as the USDOL's national Intermediary responsible for expanding Registered Apprenticeships (RAs) throughout the semiconductor and nanotechnology industry supply chains.

Key Points: 
  • HANOVER, Md., March 4, 2024 /PRNewswire/ -- Today the National Institute for Innovation and Technology and the United States Department of Labor (USDOL) applauded U.S. semiconductor manufacturing company Wolfspeed for the establishment of its New York Registered Apprenticeship Program (RAP).
  • As the nation's leader in semiconductor talent pipeline development, the Institute serves as the USDOL's national Intermediary responsible for expanding Registered Apprenticeships (RAs) throughout the semiconductor and nanotechnology industry supply chains.
  • "We commend Wolfspeed for championing domestic semiconductor manufacturing with the establishment of its Registered Apprenticeship at their Mohawk Valley Fab," stated Mike Russo, President and CEO of the Institute.
  • "As the USDOL Intermediary dedicated to expanding Registered Apprenticeships throughout the semiconductor and nanotechnology-related supply chains, we're thrilled to offer technical support and subject-matter expertise to Wolfspeed through our GAINS program.

National Institute for Innovation and Technology Hosts Arizona Semiconductor Panel Discussion, Awards City of Phoenix for Semiconductor Workforce Development Efforts

Retrieved on: 
Thursday, February 22, 2024

HANOVER, Md., Feb. 22, 2024 /PRNewswire/ -- Today the National Institute for Innovation and Technology—the nation's leader in the semiconductor talent pipeline development and U.S. Department of Labor (USDOL) national Intermediary responsible for establishing and expanding Registered Apprenticeships (RAs) throughout semiconductor and nanotechnology-related industry supply chains—awarded the City of Phoenix for their work in semiconductor manufacturing talent pipeline development.

Key Points: 
  • The first employer to establish a semiconductor RAP in the state, which is under the city's sponsorship, was TSMC Arizona.
  • The program was announced on January 11, 2024 , and is part of the Institute's Growing Apprenticeships in Nanotechnology and Semiconductor (GAINS) program.
  • As we pioneer this apprenticeship with TSMC Arizona, we are laying down the foundation for a thriving economy powered by skilled semiconductor professionals."
  • The Phoenix Business Workforce Development Board is the first Board in the state to be a sponsor for a RAP.

Ma'aden and GlassPoint Unveil Plans to Build Solar Thermal Technology Showcase

Retrieved on: 
Thursday, January 11, 2024

NEW YORK and RIYADH, Saudi Arabia, Jan. 11, 2024 /PRNewswire/ -- Saudi Arabian Mining Company (Ma'aden), the largest multi-commodity mining and metals company firm in the Middle East, and GlassPoint, the leader in decarbonizing industrial process heat, today unveiled plans to build a Technology Showcase for its solar steam technology during the Future Minerals Forum taking place in Riyadh, Saudi Arabia.

Key Points: 
  • The Technology Showcase marks the first stage of project development for the world's largest industrial solar thermal project and will have capacity to supply nine tons of steam per hour to begin decarbonizing Ma'aden's aluminum supply chain.
  • The Technology Showcase will combine direct generation of heat and storage to provide a continuous base load of steam to Ma'aden's Alumina refinery at Ras al Khair.
  • Our Technology Showcase is an important first step to kick off project development and begin building on location.
  • The Technology Showcase will include several new advancements from GlassPoint that reduce the cost of its solutions by more than 30%.

National Semiconductor and Advanced Manufacturing Technician Apprenticeship Program (SAM-TAP) Launched to Support State Efforts to Develop Strategic Talent Pipelines

Retrieved on: 
Thursday, January 4, 2024

HANOVER, Md., Jan. 4, 2024 /PRNewswire/ -- Today the National Institute for Innovation and Technology—the nation's leader in the semiconductor talent pipeline development and U.S. Department of Labor (USDOL) national Intermediary responsible for establishing and expanding Registered Apprenticeships (RAs) throughout semiconductor and nanotechnology-related industry supply chains—launched the national Semiconductor and Advanced Manufacturing Technician Apprenticeship Program (SAM-TAP).

Key Points: 
  • The Institute's SAM-TAP initiative is designed to build the nation's ecosystem of talent needed to support the semiconductor industry and broader advanced manufacturing.
  • Curriculum alignment, skills assessments/gap analysis, career and education mapping, and connections to Registered Apprenticeship opportunities are facilitated through the Institute's National Talent Hub .
  • "The Institute is responsible for a national strategy to build the talent pipeline to support strategic industry sectors – those important to national security and global competitiveness.
  • State representatives and semiconductor supply chain employers are encouraged to reach out to the Institute directly to learn how to participate in the program.

Can-Fite Reports Third Quarter 2023 Financial Results and Clinical Update

Retrieved on: 
Thursday, November 30, 2023

(NYSE American: CANF) (TASE: CANF), a biotechnology company advancing a pipeline of proprietary small molecule drugs that address oncological and inflammatory diseases, today announced financial results for the nine months ended September 30, 2023.

Key Points: 
  • (NYSE American: CANF) (TASE: CANF), a biotechnology company advancing a pipeline of proprietary small molecule drugs that address oncological and inflammatory diseases, today announced financial results for the nine months ended September 30, 2023.
  • Financial income, net for the nine months ended September 30, 2023 was $0.38 million compared to financial expense, net of $0.14 million for the same period in 2022.
  • The decrease in financial expense, net was mainly due to revaluation of our short-term investment and increase in interest income from deposits in 2023.
  • The Company's consolidated financial results for the nine months ended September 30, 2023 are presented in accordance with US GAAP Reporting Standards.

National Institute of Innovation and Technology (NIIT) and Manufacturing Works of Ohio Announce Registered Apprenticeship Programs (RAPs) Under New National Program

Retrieved on: 
Wednesday, November 15, 2023

HANOVER, Md. and CLEVELAND, Nov. 15, 2023 /PRNewswire/ -- Today, the National Institute of Innovation and Technology (NIIT)–the U.S. Department of Labor's Intermediary responsible for expanding Registered Apprenticeships throughout the nation in semiconductor and nanotechnology supply chains and lead in executing a national strategy to expand the U.S. talent pipeline––and Manufacturing Works, a Northeastern Ohio-based nonprofit in the workforce development space have announced several new Registered Apprenticeship (RAs) programs under a new partnership, designed to provide greater career opportunities for Ohioans.

Key Points: 
  • New program, announced during National Apprenticeship Week, supports workforce development in semiconductor and advanced manufacturing industries
    HANOVER, Md.
  • The innovative, competency-based programs, which are designed for the tech sector and advanced manufacturing-related industries, are part of NIIT's Growing Apprenticeships in Nanotechnology and Semiconductor (GAINS) program.
  • In this initial wave, Manufacturing Works will be establishing 33 new RAPs across Ohio under the GAINS program.
  • The following list includes all of the companies establishing RAPs through NIIT and Manufacturing Works' partnership in Ohio:

NATIONAL INSTITUTE FOR INNOVATION AND TECHNOLOGY (NIIT) SUPPORTS TRANSITIONING SERVICE MEMBERS THROUGH THE NATIONAL TALENT HUB & STRATEGIC PARTNERSHIPS

Retrieved on: 
Monday, November 13, 2023

HANOVER, Md., Nov. 13, 2023 /PRNewswire/ -- As part of its ongoing mission, the National Institute for Innovation and Technology (NIIT), the leader in developing the U.S. semiconductor talent pipeline and U.S. Department of labor lead in expanding Registered Apprenticeships (RAs) throughout the semiconductor and nanotechnology supply chains, has been named as an approved partner for the U.S Department of Labor's Employment Navigator and Partnership Program (ENPP).

Key Points: 
  • The ENPP provides career assistance to transitioning service members and their families at select military installations around the world.
  • As an ENPP partner, NIIT—through its VetConnect program—has made its National Talent Hub resource available to all of those who have served and their family members at no cost.
  • As part of NIIT's National Apprenticeship Week (NAW) outreach efforts, Hussain and program participant Zach Pitt were interviewed about the VICTORS program.
  • For more information about NIIT's National Talent Hub, visit niit.org/the-national-talent-hub-niit .