Earlier this year, Rocket Lab signed a preliminary terms sheet for funding under the CHIPS and Science Act. This finalized award highlights the company's key role in advancing U.S. innovation and securing the space industry supply chain. The funding will enhance the facility's capacity to meet the growing demand for high-performance semiconductors, including space-grade solar cells that power satellites operating in extreme environments.
"We're proud to be a part of this effort to revitalize and grow U.S. domestic semiconductor manufacturing capability. This award will help to ensure U.S. leadership in compound semiconductor manufacturing capability while reinforcing Rocket Lab's position as a leader in space-grade solar cell production," said Brad Clevenger, Vice President of Rocket Lab Space Systems. "The investment will enable Rocket Lab to expand production, create highly skilled manufacturing jobs and generate economic and workforce development activity in New Mexico."
Rocket Lab is one of only two U.S.-based companies specializing in high-efficiency, radiation-hardened space-grade solar cells. Its Albuquerque facility, operating for 25 years, employs over 370 people and has delivered more than four megawatts of power to over 1,100 satellites. These products support critical missions such as missile warning systems, interplanetary exploration, NASA's Artemis lunar missions, the James Webb Space Telescope, and commercial telecommunications satellites.
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