Rocket Lab Signs Preliminary Terms to Receive up to $23.9M in Funding Under the CHIPS Act to Expand Production of Semiconductors that Power Spacecraft [Yahoo! Finance]
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Rocket Lab USA, Inc. (RKLB)
Company Research
Source: Yahoo! Finance
solar cells which are important components for national defense and security satellites ALBUQUERQUE, N.M., June 11, 2024 BUSINESS WIRE )--Rocket Lab USA, Inc. (Nasdaq: RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today announced the signing of a non-binding preliminary memorandum of terms (PMT) with the Department of Commerce that would see Rocket Lab receive up to $23.9M in direct funding under the CHIPS and Science Act. The proposed investment would enable Rocket Lab to increase its production of compound semiconductors for spacecraft and satellites, as part of an expansion and modernization of the Company's facility in Albuquerque, New Mexico. This proposed CHIPS investment would create more than 100 direct manufacturing jobs. Rocket Lab acquired SolAero Technologies Inc in 2022, making Rocket Lab one of only two companies domestically, and three companies outside of Russia and China, that specializes in the production of highly e
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RKLB
News
- Rocket Lab Successfully Launches 50th Electron Mission, Deploys Satellites for Kinéis [Yahoo! Finance]Yahoo! Finance
- Rocket Lab Successfully Launches 50th Electron Mission, Deploys Satellites for KinéisBusiness Wire
- Wall Street Bulls Look Optimistic About Rocket Lab USA (RKLB): Should You Buy? [Yahoo! Finance]Yahoo! Finance
- Rocket Lab USA, Inc. (NASDAQ: RKLB) had its "overweight" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $6.00 price target on the stock.MarketBeat
- Massive News for Rocket Lab Stock Investors [Yahoo! Finance]Yahoo! Finance
RKLB
Earnings
- 5/6/24 - Beat
RKLB
Sec Filings
- 6/14/24 - Form 4
- 6/14/24 - Form 4
- 6/14/24 - Form 4
- RKLB's page on the SEC website