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Rocket Lab gets up to $23.9 million in CHIPS funding for space-grade solar cells
Rocket Lab and BAE Systems are the latest companies to secure CHIPS and Science Act funding. The Commerce Department says they'll boost production of chips that are critical to space and national security programs.
One of those is Rocket Lab, which has secured up to $23.9 million in funding to boost production of space-grade solar cells that power satellites and spacecraft. The Commerce Department says this will "meet the growing national security and commercial demand for these solar cells in the United States." According to the Department of Commerce, BAE will replace "aging tools" and quadruple its supply of chips for key US defense programs, such as F-35 fighter jets.
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