There was a grant from the Department of Commerce Economic Development Administration (EDA) which requires the approval of any lease assignment. Osceola County has already begun the approval process with EDA, and once EDA approves, SkyWater will take over responsibility for the site. In parallel with EDA approval, SkyWater will begin engaging with the site starting February 1, 2021.
The University of Central Florida (UCF), former operator of the Center for NeoVation, will continue assisting with transition services through the end of February. UCF has already started the process of bringing the facility from its idle state back online. Once startup is finished, SkyWater will begin the process of qualifying the equipment and production capabilities.