NTIA Receives $3B Wireless Innovation Fund Requests

August 1, 2024 – The National Telecommunications and Information Administration announced August 1 that it received 227 applications for the second round of its Wireless Innovation Fund, which sought nearly $3 billion to support advancements in wireless equipment. 

The Wireless Innovation Fund, a 10-year grant program, provides up to $420 million to enhance and commercialize open radio units, critical components of cellular networks that transmit and receive signals. The initiative, funded by the CHIPS and Science Act of 2022, aims to strengthen the United State’s wireless supply chain as well as that of its global allies, rather than vendors from nations that threaten our national security.