The University of Utah announced a new $21.5 million basic research center aimed towards "next-generation materials for plasmonics and spintronics". The new "Center of Excellence in Materials Research and Innovation" will be funded by the National Science Foundation ($12.5 million), the Utah Science Technology and Research ($6.5 million) initiative and the University of Utah ($3 million).

The spintronics team wil be lead by Physicist Brian Saam. The research effort will center on developing organic spintronic semiconductors.