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Consortium Awarded $30 Million for Manufacturing Pilot Program

Client Alert | 1 min read | 08.23.12

On August 16, the Obama administration announced both a $30 million award  that may serve as a model for future partnerships geared towards manufacturing innovation to the National Additive Manufacturing Innovation Institute (NAMII) and a "pilot" program for the Administration's National Network of Manufacturing Innovation plan to invest $1 billion "to catalyze a national network of up to 15 manufacturing innovation institutes around the country." NAMII, which was selected in response to a Broad Agency Announcement solicitation, is a consortium including dozens of major government contractors and manufacturing firms, universities, and non-profit organizations which will "co-invest" $40 million to develop additive manufacturing technology (a process by which products and components are manufactured more efficiently using digital models).

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Client Alert | 4 min read | 02.19.26

Proposed NY Legislation May Mean Potential Criminal Charges for Unlicensed Crypto Firms

On January 14, 2026, State Senator Zellnor Myrie proposed legislation in the New York State Senate that would amend New York law to make it a criminal offense to operate a virtual currency business in New York without the proper license. By introducing the possibility of criminal penalties, Senate Bill S. 8901, the Cryptocurrency Regulation Yields Protections, Trust, and Oversight Act (CRYPTO Act), would mark a significant regulatory shift in the state’s oversight of virtual currency businesses, given New York’s prominence in virtual currency regulation in the U.S....