SMRTR Science & EngineeringNov 25, 2024Engadget

Rocket Lab gets up to $23.9 million in CHIPS funding for space-grade solar cells

SMRTR summary

Rocket Lab and BAE Systems have secured $23.9 million and $35.5 million in federal funding, respectively, under the CHIPS and Science Act. Rocket Lab will upgrade its solar cell production facility, creating 100+ jobs and increasing output by 50%, while BAE Systems will modernize its chip manufacturing for defense programs.

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