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Rocket Lab Secures Contract to Expand Semiconductor Manufacturing
RKLBRocket Lab USA(RKLB) ZACKS·2024-12-02 15:31

Rocket Lab USA, Inc. (RKLB) recently clinched a $23.9 million award from the U.S. Department of Commerce to enhance its compound semiconductor manufacturing capabilities at its Albuquerque, NM facility. These semiconductors, used in space-grade solar cells, help power satellites and play a crucial role in national security and commercial applications.RKLB’s Role in the Satellite Solar Cell Materials MarketThe satellite solar cell materials market has been experiencing significant growth in recent times, dri ...