Rocket Lab would use CHIPS Act funding to significantly increase its compound semiconductor production over the next three years.
Credit: Panther Media GmbH/Alamy Stock Photo
Rocket Lab, a Long Beach, California-based launch service provider and aerospace manufacturer, announced it has signed a preliminary memorandum of terms with the Department of Commerce for up to $23.9 million in funding from the CHIPS and Science Act. Following its acquisition of SolAero...
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