WASHINGTON : The U.S. Commerce Department said on Tuesday it planned to award Rocket Lab $23.9 million to dramatically boost the production of compound semiconductors used in satellites and spacecraft.The award for Rocket Lab unit SolAero Technologies Corp "would help create a more robust and resilient su
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.
Rocket Lab awarded $24M in CHIPS funding for subsidiary biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.
ARLINGTON, Va. (BUSINESS WIRE) Leonardo DRS, Inc. (“DRS”) announced today the appointment of Eric C. Salzman to the company’s Board of Directors. His appointment was effective on November 28, 2022.As a member of the board with expertise in financial matters and corporate governance, Mr. Salzman has been assigned t.