The Department of Commerce has finalized funding for Rocket Lab, awarding up to $23.9 million to enhance space-grade solar cell production, essential for U.S. space programs.
The funding aims to increase Rocket Lab's compound semiconductor production by 50% over three years, creating over 100 jobs and addressing national security and commercial demands.
Rocket Lab's solar cells are key to major missions like the James Webb Space Telescope and the Mars Insight Lander, highlighting their importance to U.S. space initiatives.
BAE Systems is also receiving funding to modernize its operations, which will increase chip supply for critical defense projects, including the F-35 fighter jets.
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