On Tuesday, October 9th, GE (NYSE: GE) officials announced the company will expand its longstanding relationship with UConn through a five-year, multimillion dollar investment intended to transform the state’s technology sector and spark breakthrough innovations in electrical distribution products.
The financial support from GE’s Industrial Solutions business, creator of advanced technologies that protect and control the distribution of electricity, will bring together researchers from various academic disciplines and from the energy industry to conduct research and development (R&D) on core electrical-protection technologies, including circuit breakers. As part of the donation, GE also will finance the creation of an endowed GE professorship in the UConn School of Engineering, as well as GE graduate fellowships and GE-sponsored research.
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