12/16/2024 | News release | Distributed by Public on 12/16/2024 16:16
University-wide research expenditures soar 23%; School of Engineering and Science funding up 11% year-over-year
Stevens has once again set a new record for externally sponsored research activity.
Spending from research awards during the recently completed Fiscal Year 2024 totaled $63.8 million university-wide, up 23% from the previous year's record outlays of nearly $52 million for research purposes.
Helping power that improvement, School of Engineering and Science faculty received a record $38.2 million in external funding during FY24, up 11% from the previous year's record high.
Quantum physicist Yuping Huang, director of Stevens' Center for Quantum Science and Engineering, personally acquired about $15 million in funding while biomedical engineer Xiaojun Yu, associate chair of graduate studies in that department and an expert on nerve-damage rehabilitation, also received more than $2.4 million in support.
Civil engineering professor Cheng Chen, a fracking expert; ocean engineering professor Marouane Temimi, an expert in flood prediction and water supply monitoring; electrical engineering professor and radar expert Hongbin Li; quantum physicist Igor Pikovski; and Stevens Center for Sustainability Director Dibs Sarkar also received more than $1 million year each from external sources during FY24.
Vice Provost for Research and Innovation Ed Synakowski"The continued growth, and indeed acceleration, of Stevens' research expenditures confirms the university's strong value proposition as a partner to government, peers and corporate America in leading-edge research in such societally important fields as engineering, quantum science, artificial intelligence, sustainability and the life sciences," noted Ed Synakowski, Vice Provost for Research & Innovation.
"And our decade-plus growth trend in research funding - we have more than doubled external award receipts over the past 12 years - is further proof that Stevens research is on the rise."
"Stay tuned for the next great innovations to come."