By rssfeeds-admin According to Louisiana Economic Development, venture platform Newlab’s new hub will be built at the Naval Support Activity site on Poland Avenue.
LED officials said the facility will offer resources for other companies, especially those in the energy production space, with a focus on industrial power, carbon management and utilization and shipping and maritime.
Newlab’s expansion into New Orleans reportedly comes as part of a partnership with LED, the City of New Orleans, Future Use of Energy in Louisiana, Louisiana State University, Greater New Orleans Inc. and Shell.
Newlab New Orleans is set to include “industrial scale-up spaces, outfitted with specialized equipment and capabilities, allowing startups to fabricate, assemble, and pre-commission demonstration-scale process units for in-field deployments.”
According to LED, Newlab will work with government agencies and academic partners to build a network of demonstration sites and regulatory sandboxes in the state.
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