The group will examine a broad range of technologies. It could, for example, investigate how to cost-effectively improve quality control in drug-making in order to reduce shortages in certain cancer medications. It could explore how best to manufacture emerging platform technologies such as flexible electronics, which have a wide variety of applications in places like consumer goods, defence and even health care. Technologies will be evaluated based on economic impact, job growth, likelihood of co-investment by the private sector, impact on multiple industry sectors, and the likelihood of the US gaining a first-mover advantage, among other criteria. "Engineering and scientific advancements based on fundamental research have been the main drivers of US economic growth over the past half century," said France Cordova, director, US National Science Foundation (NSF). "Thanks to innovative technologies enabled by manufacturing research, production has grown at its fastest pace in more than a decade, creating significant economic value for the nation. To continue to reap these benefits, we must seek new research frontiers for manufacturing and pursue them for high-impact US manufacturing innovation and economic competitiveness," Cordova noted. Kota, a mechanical engineering professor and entrepreneur, served as assistant director for advanced manufacturing at the White House from 2009 to 2012. He helped to create President Obama's Advanced Manufacturing Partnership in 2011 and the Manufacturing Innovation Institutes in 2012.
The National Science Foundation and the US Commerce Department's National Institute of Standards and Technology are funding MForesight with a three-year, $5.8 million cooperative agreement.