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Rocket Lab secures $23.9M CHIPS Award to boost semiconductor production

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Sydney, Australia (SPX) Nov 26, 2024
Rocket Lab USA, Inc. (Nasdaq: RKLB), a leader in launch services and space systems, has finalized a $23.9 million award from the U.S. Department of Commerce to expand semiconductor manufacturing capabilities at its Albuquerque, New Mexico facility. The facility produces semiconductors for space-grade solar cells and other optoelectronic components critical for national security and commercial ap