NY Creates

Name

NY Creates

Legal name

New York Center for Research, Economic Advancement, Technology, Engineering, and Science

Website

https://ny-creates.org

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Semiconductor R&D Services

NAICS

Semiconductor and Other Electronic Component Manufacturing (3344), Semiconductor and Other Electronic Component Manufacturing (33441)

SIC

Semiconductors & Related Devices (3674)

akta.pro primary industry

R&D / Prototyping & MPW Shuttle Foundries (HDAHACAI)

Keywords

• Semiconductor R&D
• EUV Lithography Services
• Chip Fabrication Infrastructure
• Workforce Development Programs
• Technology Commercialization

Headquarters

HQ city

Albany

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Technology or R&D, Others

Revenue model

1. Government Funding: NY Creates receives significant government investment including $1 billion from New York State and federal CHIPS Act funding to support semiconductor R&D infrastructure and operations
2. Industry Partnership Fees: Companies pay for access to research facilities, cleanroom space, and collaborative R&D programs including leasing arrangements (e.g., SCREEN's 10,000 sq ft cleanroom space)
3. Research Contracts: Collaborative research agreements with industry partners including IBM, Micron, Applied Materials, Tokyo Electron for specific technology development projects

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

NY Creates operates the Albany NanoTech Complex, providing shared access to advanced semiconductor R&D infrastructure including 300mm fabrication facilities and the only publicly owned High NA EUV lithography center in North America. The organization enables industry, academic, and government partners to develop sub-2nm chip technologies through collaborative research programs, facility leasing, and workforce training.

Product overview

NY Creates operates the Albany NanoTech Complex as the nation's largest and most advanced non-profit semiconductor R&D facility, featuring over $25 billion in high-tech investments and 1.65 million square feet. The core offering is the High NA EUV Lithography Center housed within the NanoFab Reflection building, providing access to ASML's High NA EUV lithography system for sub-2nm semiconductor research. Supporting infrastructure includes 300mm semiconductor R&D capabilities, workforce development programs (including Vet S.T.E.P. apprenticeship program), and the NORDTECH quantum research hub. The organization serves as a hub connecting industry partners (IBM, Micron, Tokyo Electron, SCREEN, Applied Materials), academic institutions, and government agencies for semiconductor innovation.

Differentiator

Problem solved

Functional benefit

Products and services

• Albany NanoTech Complex
• High NA EUV Lithography Center
• NanoFab Reflection
• 300mm Semiconductor R&D Services
• Workforce Development Programs
• Vet S.T.E.P.
• NORDTECH Hub
• Industrial Manufacturing Technician Registered Apprenticeship Program

Quantifiable outcome

• First sub-1nm chip technology achieved at Albany NanoTech Complex
• +3 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

31 partnerships are on record, tiered core, major and minor.

• SCREEN HoldingscoreStrategic or Co-development Partner · 16 December 202510-year, $75 million partnership with Japanese semiconductor equipment company SCREEN. SCREEN establishing Advanced Technology Center of America at Albany NanoTech, leasing 10,000 sq ft cleanroom and 5,000 sq ft office space in NanoFab Reflection building.
• xLightmajorTechnology or Integration · 1 December 2025Palo Alto-based company receiving $150M CHIPS Act funding to build free-electron laser prototype as alternative EUV light source at Albany NanoTech Complex.
• CEA-LetimajorStrategic or Co-development Partner · 1 January 2025French research institute collaboration on MRAM (Magnetoresistive Random-Access Memory) technology development through Memorandum of Understanding. Includes R&D Integration Engineer assignee.
• Government of Hokkaido, JapanmajorStrategic or Co-development Partner · 21 August 2024Collaboration announced to advance semiconductor manufacturing technology, support 2-nanometer semiconductor development, and foster technological exchange with security and economic implications.
• Japan External Trade Organization (JETRO)majorStrategic or Co-development Partner · 1 January 2024Strategic partnership announced at SEMICON Japan to drive international collaboration in semiconductor industry, promoting R&D, technology alliances, and workforce development.
• SEMImajorStrategic or Co-development Partner · 1 January 2024MOU partnership with SEMI for environmental sustainability practices including SEMI Climate Consortium collaboration and joint research programs on sustainable semiconductor manufacturing.
• IBMcoreStrategic or Co-development PartnerMajor industry partner collaborating on semiconductor R&D at Albany NanoTech Complex. IBM and NY Creates have achieved world-first sub-1nm chip technology development. IBM provides Spyre Accelerator chips for AI research collaboration with University at Albany ($20M AI partnership).
• Micron TechnologycoreStrategic or Co-development PartnerStrategic partner in semiconductor manufacturing research. Micron is developing its planned $100B semiconductor megafab in Clay, New York, with NY Creates providing workforce training pipeline through apprenticeship programs.
• Tokyo ElectroncoreStrategic or Co-development PartnerKey equipment partner providing advanced lithography tools including CLEAN TRACK LITHIUS Pro DICE coater/developer system for High NA EUV Lithography Center.
• Applied MaterialscoreTechnology or IntegrationMajor semiconductor equipment partner in the $10 billion High NA EUV Lithography initiative, providing equipment and materials research capabilities.
• ASMLcoreTechnology or IntegrationEquipment provider for High NA EUV lithography system (TWINSCAN EXE: 5200) valued at approximately $400 million. ASML's High NA EUV platform enables semiconductor development below 1-nanometer process node.
• GlobalFoundriesmajorStrategic or Co-development PartnerRegional partner operating Fab 8 campus in Malta, NY. Collaborating on 3D heterogeneous integration chip development for defense and commercial applications. Planning $575M Advanced Packaging and Photonics Center.
• University at Albany - College of Nanotechnology, Science & Engineering (CNSE)coreStrategic or Co-development PartnerCNSE is located at Albany NanoTech Complex. NY Creates has ongoing program development with UAlbany including 12 AI research projects as part of $20M IBM partnership.
• Research Foundation for SUNYcoreStrategic or Co-development PartnerNY Creates is an affiliated corporation of the Research Foundation for SUNY. RF-SUNY is the largest comprehensive university-connected research foundation in the country.
• MITmajorStrategic or Co-development PartnerMIT Microsystems Technology Laboratories partnered with NY Creates for Northeast Microelectronics Internship Program (NMIP), bringing 30 students for 5-day externship exploring semiconductor industry.
• Cornell UniversitymajorStrategic or Co-development PartnerAcademic partner collaborating on quantum device research including NORDTECH program for superconducting qubit fabrication using 300mm silicon wafers.
• Rensselaer Polytechnic Institute (RPI)majorStrategic or Co-development PartnerAcademic partner hosting IBM Q System One quantum computer. RPI part of Northeast Microelectronics Internship Program site visits.
• Syracuse UniversitymajorStrategic or Co-development PartnerAcademic partner in NORDTECH quantum research program and Microelectronics Commons workforce development initiatives.
• Air Force Research LabmajorStrategic or Co-development PartnerGovernment research partner collaborating on quantum technologies and semiconductor R&D for defense applications.
• DARPAmajorStrategic or Co-development PartnerDefense Advanced Research Projects Agency partner in semiconductor research and development programs.
• NISTcoreStrategic or Co-development PartnerNational Institute of Standards and Technology leads National Semiconductor Technology Center with Albany NanoTech designated as NSTC EUV lithography center with $825M proposed federal investment.
• National Science FoundationmajorStrategic or Co-development PartnerNSF funding partner for workforce development programs including VET S.T.E.P. veteran training program and National Network for Microelectronics Education.
• SEEQCmajorTechnology or IntegrationSEEQC participating as subcontractor to NY Creates in NORDTECH program for quantum chip fabrication using 300mm silicon wafers, developing cryogenic qubit evaluation platform.
• RapidusmajorStrategic or Co-development PartnerJapanese semiconductor manufacturer partnered with NY Creates for 2nm technology development. Rapidus aims for mass production by 2027.
• Lam ResearchmajorTechnology or IntegrationSemiconductor equipment partner providing etching and deposition equipment for research facilities.
• FuzeHubmajorStrategic or Co-development PartnerCollaboration on Glass4Chips Summit 2026 to accelerate adoption of glass substrates in semiconductor manufacturing and packaging.
• Brookhaven National LaboratorymajorStrategic or Co-development PartnerResearch collaboration on quantum technologies including published research on tantalum nitride for Josephson junctions.
• Hudson Valley Community CollegemajorStrategic or Co-development PartnerKey regional training provider delivering Related Technical Instruction (RTI) for NY Creates registered apprenticeship programs. Partner in Growing Apprenticeships in Nanotechnology and Semiconductors (GAINS).
• National Institute for Industry and Career Advancement (NIICA)coreStrategic or Co-development PartnerCollaboration on Growing Apprenticeships in Nanotechnology and Semiconductors (GAINS) registered apprenticeship program for semiconductor workforce development.
• Center for Economic Growth (CEG)majorStrategic or Co-development PartnerRegional group sponsor for NY Creates apprenticeship programs. Conducting studies on Capital Region tech R&D employment and 3D chip research positioning.
• ADVANTECminorStrategic or Co-development PartnerStrategic partnership agreement signed at SEMICON Japan to advance semiconductor R&D.

Scale indicators14 records

Recent moves9 records

Expansion highlights7 records

Regional players

• MIT Lincoln Laboratory: U.S. federally funded R&D lab operating microelectronics fabrication facilities for defense and national-security applications. Shares NY Creates' U.S.-based, mission-driven advanced microelectronics R&D focus but is operated under MIT/DoD rather than an industry co-location model.
• VTT Technical Research Centre of Finland: Finland's national R&D organization running a semiconductor and quantum device fab in Espoo. Comparable as a publicly-funded European R&D facility offering shared-access semiconductor process capability to industry partners.

Broad incumbents

• Sandia National Laboratories: U.S. Department of Energy national lab with semiconductor and microsystems R&D capabilities serving defense and national-security missions. Comparable in mission overlap (defense microelectronics, advanced packaging) rather than direct commercial fab tooling.
• National Institute of Standards and Technology (NIST): U.S. federal agency that leads the National Semiconductor Technology Center and has designated NY Creates as the EUV accelerator. NIST is both an overseer of NY Creates' federal mandate and a peer in operating metrology and standards-grade semiconductor research infrastructure.
• Industrial Technology Research Institute (ITRI): Taiwan's applied-research organization operating advanced semiconductor R&D fabs and a 200mm/300mm prototyping line. ITRI plays a similar role as NY Creates within Taiwan's semiconductor ecosystem — bridging academia, industry, and government for next-generation chip R&D.
• TSMC R&D / Corporate Research: While TSMC is primarily a commercial foundry, its internal R&D organization conducts leading-edge process development at the 2nm node and beyond — comparable to NY Creates in advancing the cutting edge, though through captive commercial fabs rather than a shared-access non-profit model.
• Fraunhofer Group for Microelectronics: German applied-research consortium with multiple institutes (e.g., Fraunhofer IZM, IPMS) operating semiconductor process and packaging R&D lines. Comparable in mission (public-funded applied microelectronics R&D) but spread across multiple institutes rather than a single anchor facility.

Direct peers

• CEA-Leti: France-based microelectronics R&D institute that NY Creates has an active MOU with for MRAM development. CEA-Leti runs shared-access300mm R&D lines for industry and academic partners, mirroring NY Creates' Albany NanoTech model.
• SRC (Semiconductor Research Corporation): U.S.-based semiconductor research consortium coordinating university research programs for member chipmakers and equipment vendors. SRC is complementary to NY Creates' physical-fab model, focusing on pre-competitive research governance and funding rather than tool access.
• Imec: Belgium-based semiconductor R&D consortium operating the world's most advanced independent nanoelectronics research fab. Imec is the closest international analog to NY Creates, providing shared access to leading-edge process tools and partner co-development programs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/NY__CREATES
• YouTubeyoutube.com/channel/UC1lpG7BX6_cquHXzFGgPtUA/featured
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/new-york-center-for-research-economic-advancement-technology-engineering-and-science
• Instagraminstagram.com/ny_creates_

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about NY Creates