Apple invests $10 million in a COVID-19 sample collection kit manufacturer

Apple announced today that it has invested $10 million to COPAN Diagnostics, as part of its Advanced Manufacturing Fund for US businesses. COPAN Diagonistics is a manufacturer of collection kits for coronavirus samples. The investment will help the company grow production levels to more than one million kits per week.

In the past, Apple has used the Advanced Manufacturing Fund to invest in companies directly related to its supply chain, like Corning glass, or Finisar — the VCSEL laser manufacturer whose components form part of the Face ID TrueDepth camera system.

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The post Apple invests $10 million in a COVID-19 sample collection kit manufacturer appeared first on 9to5Mac.



source https://9to5mac.com/2020/05/07/apple-invests-10-million-in-a-covid-19-sample-collection-kit-manufacturer/

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