US invests $60 million in chip production for aerospace
The US is finalising $60 million in subsidies to bolster aerospace chip production.
The United States Commerce Department has announced nearly $60 million in subsidies for BAE Systems and Rocket Lab to boost semiconductor production crucial for aerospace and space technologies. BAE will receive $35.5 million to quadruple the production of chips used in F-35 fighter jets and satellites, cutting its modernisation timeline significantly.
Rocket Lab’s SolAero Technologies will receive $23.9 million to expand solar cell production by 50% over three years. These space-grade semiconductors power key missions, including NASA’s Artemis programme and the James Webb Space Telescope.
The investments are part of the Biden administration’s $52.7 billion ‘Chips and Science‘ programme aimed at bolstering domestic semiconductor manufacturing.
About author
DW Team
The GIP Digital Watch Observatory team, consisting of over 30 digital policy experts from around the world, excels in the fields of research and analysis on digital policy issues. The team is backed by the creative prowess of Creative Lab Diplo and the technical expertise of the Diplo tech team.
