Rocket Lab is poised to snap up around $ 24 million in federal funding to dramatically boost the production of its compound semiconductors, also known as solar cells, which provide power to satellites and spacecraft. The funding, which would go to Rocket Lab subsidiary SolAero Technologies, would help increase the company’s compound semiconductor production by […]
Biden administration plans $285M in CHIPS Act funding for digital twins
President Joe Biden’s administration is looking to fund efforts that improve semiconductor manufacturing by using digital twins. Digital twins are virtual models used to test and optimize physical objects and systems. For example, auto manufacturers are looking to use digital twins of their factories to experiment with new manufacturing processes without disrupting production. The Biden […]
Biden Administration Pushes Global Crypto Data Sharing Rules in $3.5 Trillion Budget Bill: Report
The Biden administration is reportedly pushing to include global crypto data sharing rules in the $ 3.5 trillion budget package. The Treasury wants crypto businesses to report information on foreign account holders “so that the U.S. can share information with global trading partners.” Treasury Wants to Impose More Crypto Rules The U.S. Treasury is reportedly […]