Silicon Box: green light in Novara for the 'Vulcan Project' for microchips

"With this investment, Italy strengthens its role as a production platform for the digital economy and strengthens its technological and industrial sovereignty, contributing to making the European semiconductor supply chain more solid and resilient." Thus the Minister of Business and Made in Italy, Adolfo Urso, on the green light from the board of directors of Invitalia to 'Vulcan Project', the 3.2 billion euro investment project with which Silicon Box will build its first European new generation microchip factory in Novara. The resolution provides for 1.3 billion euros of public support through the Fund for the sector established under the European Chips Act.

"An important result - continues the minister -, the result of great team work, which will bring the first chiplet production plant in Europe to Novara and will make the area a new reference hub for emerging technologies. Italy has become attractive again, capable of catalyzing the interest of the main global technological players".