Commerce Dept. Lines Up $24M CHIPS Deal With Rocket Lab

The Department of Commerce announced today it has reached a preliminary agreement with Rocket Lab, the parent company of space power provider SolAero Technologies Corp., for up to $23.9 million in direct funding under the CHIPS and Science Act to expand the production of compound semiconductors that power spacecrafts and satellites.

Related Keywords

New Mexico ,United States ,Albuquerque ,America ,Peter Beck ,Gina Raimondo ,Solaero Technologies Corp ,Department Of Commerce ,Commerce Department ,Rocket Lab ,Science Act ,Commerce Gina Raimondo ,President Biden ,James Webb Space Telescope ,Ingenuity Mars Helicopter ,Mars Insight Lander ,New Space Mexico ,