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Global Trade Alert

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United States of America: Commerce Department announces funding Rocket Lab to support its production of space-grade solar cells

Description

On 25 November 2024, the US Commerce Department awarded USD 23.9 million in grants to Rocket Lab. The funding will support the modernization and expansion of its solar cell facility in New Mexico. Acc...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Nov 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Products

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