Bridgeport, CT – Today, it was announced that the Bipartisan Infrastructure Grant Fund has allotted $47.5 million to fund the construction of Nanoramic Laboratories within Bridgeport. The funding has been provided by the U.S. Department of Energy in which Nanoramic Laboratories has chosen Bridgeport as its homebase to develop high-performing, low-cost batteries. The development of the facility will assist with the City’s initiative to provide and utilize clean energy while creating 200 new jobs within Bridgeport. Notably, Nanoramic offers cost benefits by decreasing the cost of batteries by up to 27% while implementing sustainable initiatives to conserve and reduce energy consumption and encourage energy grid resilience.

“I welcome Nanoramic Laboratories to the City of Bridgeport and I’m grateful that our City was chosen to be the home of such innovative technology that will not only produce jobs, but will work in partnership with the sustainability initiatives we already have in place,” stated Mayor Ganim. “This is a huge accomplishment for Bridgeport and is the exact vision we have for our City, as jobs are being created while remaining energy efficient. I’m grateful to Governor Ned Lamont, Nanoramic Laboratories, and the U.S. Department of Energy for their investment in this project and the advancement of our City.”