The Obama administration is set to issue $300 million in funding for new science and technology projects with the goal of spurring emerging markets and investment nationwide.
The initiative, which is scheduled to be announced at the White House Frontiers Conference in Pittsburgh on Oct. 13, includes $50 million in federal funding to support small satellite technology that could provide worldwide internet connectivity and continuously updated Earth imagery, Deputy U.S. CTO Ed Felten said in an Oct. 12 conference call with reporters.
