# Absolics agrees terms for up to $75M in CHIPS Act funding for its Georgia glass substrate plant

Canonical page: https://technooptimist.io/stories/absolics-agrees-terms-for-up-to-75m-in-chips-act-funding-for-its-14595496
Date: 23 May 2024
About: [Absolics](https://technooptimist.io/companies/absolics.md) · [Covington glass substrate plant](https://technooptimist.io/computing/covington-glass-substrates.md)
Original source: https://www.eenewseurope.com/en/absolics-awarded-us75-million-chips-funds-for-glass-substrates/

The US Commerce Department signed preliminary terms to give Absolics up to $75M under the CHIPS and Science Act for a 120,000 sq ft glass substrate facility in Covington, Georgia. Glass substrates are flatter and more thermally and mechanically stable than organic ones, allowing denser chiplet packages.

## Key facts

- Absolics was then an 80.6%-owned affiliate of SKC.
- Aimed at small-volume production in H2 2024 and high volume in 2026 (both since slipped).
- Expected 1,000 construction jobs and 200 manufacturing and R&D jobs.

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