WASHINGTON, May 5 -- Sen. John Hoeven issued the following news release:
Senator John Hoeven today announced that Packet Digital has been awarded nearly $10 million in combined Fiscal Year (FY) 2025 and FY2026 funding from the U.S. Navy to advance battery research, development, and manufacturing for unmanned systems. Hoeven worked through his role on the Senate Defense Appropriations Committee to secure these funds which enable ongoing work in unmanned systems power technologies. This funding builds on Hoeven's work to advance the company's prior selection for up to $50 million under the Department of Defense's Accelerate the Procurement and Fielding of Innovative Technologies (APFIT) program to expand domestic manufacturing capacity in Fa...