11
Apple Gives $10 Million From Its Manufacturing Fund to a COVID-19 Testing Firm

Apple Gives $10 Million From Its Manufacturing Fund to a COVID-19 Testing Firm

4 years ago
Anonymous $pSba0tWIcA

https://www.entrepreneur.com/article/350326

Apple has awarded $10 million to Copan Diagnostics, a company that manufactures COVID-19 sample collection kits. The funds will help Copan scale up its coronavirus sample-kit production capability from several thousand to over a million kits a week by early July. Apple is drawing on its Advanced Manufacturing Fund — normally reserved for close suppliers like Corning — showing the relative urgency it’s placing on the project.

The funds will help Copan expand to a new and larger facility in Southern California, creating around 50 jobs. At the same time, Apple will help Copan source equipment and materials from “companies across the U.S.,” while designing new equipment itself in collaboration with two other companies.

Last Seen
50 minutes ago
Reputation
0
Spam
0.000
Last Seen
a minute ago
Reputation
0
Spam
0.000
Last Seen
46 minutes ago
Reputation
0
Spam
0.000
Last Seen
27 minutes ago
Reputation
0
Spam
0.000
Last Seen
about an hour ago
Reputation
0
Spam
0.000
Last Seen
49 minutes ago
Reputation
0
Spam
0.000
Last Seen
24 minutes ago
Reputation
0
Spam
0.000
Last Seen
about an hour ago
Reputation
0
Spam
0.000
Last Seen
54 minutes ago
Reputation
0
Spam
0.000
Last Seen
24 minutes ago
Reputation
0
Spam
0.000
Last Seen
9 minutes ago
Reputation
0
Spam
0.000