The funding, which would go to Rocket Lab subsidiary SolAero Technologies, would help increase the company’s compound semiconductor production by 50% within the next three years.
The funding would help the company build out its Albuquerque-based facilities and create more than 100 direct manufacturing jobs, Rocket Lab said in a statement.
Rocket Lab acquired SolAero, which operates a ~115,000-square-foot manufacturing facility, in 2022 for $80 million.
The company is one of just two in the United States that specializes in the production of space-grade, radiation-resistant compound semiconductors, or space-grade solar cells.
SolAero is highly vertically integrated: In addition to the solar cells, the firm also manufactures solar panels and power modules.
Combined with around $24 million of its own money, Tesla wanted to build nine electric semi-truck charging stations between Laredo, Texas and Fremont, California.
“The project will help create a hydrogen corridor from southern California to Texas,” the Department of Transportation wrote in a statement in January.
“Funding hydrogen stations will go down as purely wasted money,” Patel told TechCrunch this week.
While he no longer speaks on behalf of Tesla, he also criticized funding hydrogen infrastructure when he was still with the company.
Despite all this, the Tesla Semi program is still slowly attracting customers.
If Trump wins, net neutrality is dead for one of several reasons.
A second Trump presidency, whatever its likelihood or one’s opinion on his other policies, would be fatal to net neutrality efforts.
Companies that oppose regulations like the FCC’s net neutrality plans often call for federal legislation on the topic.
A third threat to net neutrality comes from the Supreme Court, which is performing quite a bit of conservative wish-fulfillment lately.
Net neutrality rules being moot due to the FCC being inoperable would be the least of our worries if that occurs, though.
TikTok ban: What’s going on with the proposed bill in Congress Congress could force TikTok to part with its Chinese parent companyTikTok faces an uncertain fate in the U.S. once again.
The bill, which many of its detractors reasonably describe as a “ban,” would force ByteDance to sell TikTok within six months for the app to continue operating here.
The campaign to force ByteDance to sell TikTok to a U.S. company originated with an executive order during the Trump administration.
Trump’s threats against the company culminated in a plan to force TikTok to sell its U.S. operations to Oracle in late 2020.
We may learn more next week if senators begin weighing in on the prospect of creating their own version of the House bill.
What’s going on with the new bill that could ban TikTok?
Congress wants to force TikTok to part with its Chinese parent companyTikTok faces an uncertain fate in the U.S. once again.
The bill, which many of its detractors reasonably describe as a “ban,” would force ByteDance to sell TikTok within six months in order for the app to continue operating here.
The campaign to force ByteDance to sell TikTok to a U.S. company originated with an executive order during the Trump administration.
We may learn more next week if senators begin weighing in on the prospect of creating their own version of the house bill.
In his second State of the Union address, President Joe Biden is expected to discuss children’s online safety issues and their right to privacy. According to the White House, the…
The Biden administration’s report says that the app stores of Apple and Google are restricting competition, which is hurting developers and consumers. Policy suggestions in the report include creating a…
