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Nanotronics Opens High-Tech Manufacturing Center in Brooklyn, New York

Nanotronics will invest $11 million to open a high-tech manufacturing center at the Navy Yard in Brooklyn, New York. The project is expected to create 190 new jobs.

Founded in 2010, Nanotronics manufactures advanced imaging systems that combine robotics, optical microscopy and machine learning and artificial intelligence platforms. These platforms revolutionize process control for manufacturing, factory control and research - especially in the advanced materials, pharmaceutical, life sciences and aerospace industries, among others.

Currently a tenant of the Brooklyn Navy Yard's New Lab, a platform for scaling frontier technologies and home to over 500 entrepreneurs, this project will expand the company into the Navy Yard's historic Building 20 and allow it to increase operations to meet growing demand.

The new flagship manufacturing center will be located in the Brooklyn Navy Yard's historic Building 20, a 150-year-old former shipbuilding factory. The project brings together manufacturing, research and development together in one location.

Matthew Putman, CEO & Co-Founder of Nanotronics said, "As we break ground on our new home, we are grateful to the State of New York and to the Brooklyn Navy Yard for their dedication to industry, innovation, and most importantly, the community they have united."

In a press release, New York State Governor, Andrew M. Cuomo said, "New York offers 21st century tech firms the talent pipelines they need to succeed, and we are proud to support innovative companies that invest in the Empire State." Governor Cuomo also said in the release, "This project melds the Brooklyn waterfront's industrial heritage with its tech-based future and creates a state-of-the-art manufacturing center that will generate jobs, spur investment and build a stronger economy."

"New York City is rapidly becoming the international hub for innovation and technology, and it's not just happening in Manhattan," said Lieutenant Governor Kathy Hochul. "With New York State's support and record private investment, Brooklyn Navy Yard capitalized on its rich industrial history and has emerged as a national model for revitalizing manufacturing and green technology in the 21st century. The expansion of Nanotronics will create 190 new jobs, and most importantly, it includes a training pipeline in partnership with CUNY so that New Yorkers can actually obtain and retain those positions. We look forward to welcoming the next generation of innovators and leaders."

Designed by Rogers Partners Architects + Urban Designers, the new facility will allow Nanotronics' artificial intelligence researchers, computer scientists, chemists and physicists to work directly with skilled machinists on the manufacturing floor, developing innovations that will lead partner industries to a smaller factory footprint, less waste and a faster route from R&D to production.

Empire State Development Acting Commissioner and President & CEO-Designate Eric Gertler said, “This project honors the Brooklyn Navy Yard's manufacturing heritage and utilizes New York's top academic and tech talent to support the kind of cutting-edge company that is driving our economy forward. Today's partnership is a prime example of the progress ESD has made creating a place and a path for innovation and opportunity."

To support Nanotronics' expansion, Empire State Development has offered the company up to $2.25 million in a performance-based capital grant. To receive the full grant amount, Nanotronics must create 190 jobs on top of its existing 34 positions and invest at least $11 million in the project. The company also intends to spend at least 30 percent of the grant with certified Minority and Women-Owned Businesses. The project was supported by the New York City Regional Economic Development Council.

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