# Rocket Lab will use the money to upgrade its manufacturing plant in Albuquerque, New Mexico.

*semiconductor · news · 2024-11-25 · Engadget*

## Key points

- Rocket Lab has secured up to $23.9 million from the CHIPS Act for solar cell manufacturing.
- The funding aims to boost Rocket Lab’s semiconductor production by 50% in three years.
- Rocket Lab's solar cells power critical programs, including Artemis, Mars missions, and commercial satellites.
- BAE Systems will receive up to $35.5 million to quadruple chip production for US defense programs.

**Companies:** Rocket Lab
**Countries:** United States

[Read the full story on Engadget](https://www.engadget.com/science/space/rocket-lab-gets-up-to-239-million-in-chips-funding-for-space-grade-solar-cells-155932062.html)

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