2009 Government Stimulus
In 2009, the Department of Energy announced that they would provide $4.8M to AMSC for further development of superconducting electrical cables.
Read more about this topic: American Superconductor
Famous quotes containing the words government and/or stimulus:
“Not only our future economic soundness but the very soundness of our democratic institutions depends on the determination of our government to give employment to idle men.”
—Franklin D. Roosevelt (1882–1945)
“Decisive inventions and discoveries always are initiated by an intellectual or moral stimulus as their actual motivating force, but, usually, the final impetus to human action is given by material impulses ... merchants stood as a driving force behind the heroes of the age of discovery; this first heroic impulse to conquer the world emanated from very mortal forces—in the beginning, there was spice.”
—Stefan Zweig (18811942)