Rocket Lab gets up to $23.9 million in CHIPS funding

BAE Systems, Rocket Lab Secure Chip Plant Expansion Funding
Check out the progress of the Commerce Department's funding incentives for manufacturing chips vital to national security and space.
US finalizes awards to BAE Systems, Rocket Lab for semiconductor chips
The U.S. Commerce Department said on Monday it is finalizing nearly $60 million in government subsidies for BAE Systems to build chips used in jets and satellites, and for Rocket Lab to build compound semiconductors used in satellites and spacecraft.
CHIPS Act funding for Rocket Lab and BAE Systems
The US Department of Commerce has finalised agreements with Rocket Lab and BAE Systems Electronic Systems for funding under the CHIPS program for investment in compound semiconductors. The awards follow previously signed agreements announced in December 2023 with BAE Systems and June 2024 with Rocket Lab.
BAE Systems, Rocket Labs’ CHIPS awards allocated
The finalized awards come as the Biden administration tries to quickly roll out CHIPS funding ahead of Trump’s term.
BAE Systems, Rocket Lab to Receive US Commerce's Grant for Semiconductor Chips and MORE
The United States has massive plans in expanding commercial satellites and its F-35 program with BAE Systems and Rocket Lab.
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.
Commerce Department Finalizes CHIPS Act Awards To BAE, Rocket Lab
The Department of Commerce on Monday said it has finalized awards to BAE Systems and Rocket Lab to incentivize domestic semiconductor capabilities using
US grants US$59 million in chip subsidy to BAE Systems, Rocket Lab
The US Department of Commerce has awarded two significant grants under the CHIPS Incentives Program. The funding will go to BAE Systems and Rocket Lab to advance the country's supply chain security in vital defense and space industry components.
US finalises awards to BAE Systems, Rocket Lab for semiconductor chips
The US government is investing in chip production. BAE Systems will receive $35.5 million to increase chip production for F-35 jets and satellites. Rocket Lab will get $23.9 million to boost solar cell production for space programs.
Former Startup Rocket Lab Wins Chip Making Grant, Along with BAE Systems
The Commerce Department is hurrying to finalize federal subsidies to semiconductor manufacturers to ensure domestic sources of the vital computer processors.
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Boosting the Chip Industry: U.S. Allocates $60 Million in Subsidies
The U.S. Commerce Department is finalizing $60 million in subsidies for BAE Systems and Rocket Lab to enhance chip and ...
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Why Rocket Lab Stock Popped 5% Today
Much of the company's 70% growth in revenue year to date actually come from Rocket Lab's already larger and more profitable space systems business, which builds rocket payloads (i.e., ...