en.Wedoany.com Reported - I-Pulse, a company backed by mining giant BHP, announced that it has signed an agreement with the U.S. Department of Commerce to receive $250 million in funding to advance research and development in semiconductors and pulsed power technology.

The funding comes from the CHIPS Research and Development Office of the U.S. Department of Commerce, aiming to support U.S. semiconductor research, domestic manufacturing capacity building, and supply chain resilience enhancement.

Founded by mining financier Robert Friedland and Chief Technology Officer Laurent Frescaline, I-Pulse stated that the funding will help develop high-performance silicon carbide semiconductor components for pulsed power systems.

Pulsed power systems can be applied in fields such as geothermal drilling, mining, rock fragmentation, manufacturing, and defense. For example, in geothermal drilling, pulsed fracturing technology can increase drilling speed and bit life, and may reduce operational costs.

The project is led by a team based in Albuquerque, which is near Sandia National Laboratories and the U.S. Air Force Research Laboratory, and will involve U.S. national laboratories, universities, and specialized manufacturers.

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