• Fri. Feb 23rd, 2024

Revolutionizing 5G Networks: $42.3 Million Awarded for ACCoRD Project

ByEditor

Feb 13, 2024
NTIA Funding Awarded to Industry-Academe Consortium for Creation of Network Technology R&D Center

The National Telecommunications and Information Administration has awarded $42.3 million in funding for the Acceleration of Compatibility and Commercialization for Open RAN Deployments project. This project will be overseen by a consortium of industry and academic organizations, led by AT&T and Verizon. The goal of the ACCoRD project is to establish a testing, evaluation, and research and development center. The center will work to test network performance, interoperability, and security. It will also focus on developing new testing methods.

The ACCoRD project funding is the fourth and final award under the initial notice of funding opportunity for the Public Wireless Supply Chain Innovation Fund. This fund is part of a 10-year, $1.5 billion program aimed at financing efforts to develop open and interoperable networks. U.S. Secretary of Commerce Gina Raimondo stated that the program will support efforts to unlock new opportunities for America to lead in the global telecommunications market, strengthen supply chains, and drive down costs. With the inclusion of the ACCoRD project award, the Innovation Fund has already released $140 million

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