Matthew Nelson
The Department of Defense has awarded 5N Plus' semiconductors business and satellite solar power company SolAero Technologies separate contracts worth $18.45M combined to help both manufacturers sustain production operations amid the COVID-19 pandemic.
Lt. Col. Mike Andrews, a Pentagon spokesman, said in a statement released Friday that DoD issued both awards under the Defense Production Act Title 3 program.
5N Plus received a 39-month, $12.5M contract to integrate product and process capabilities at a company facility in St. George, Utah, as part of a project to develop and qualify semiconductors for space program use.
SolAero will aim to increase its production of satellite solar panels and cells under a $6M contract.
DoD expects the Albuquerque, N.M.-based company to retain critical staff who will support the integration of advanced solar cells with photovoltaic assemblies and covered interconnected cells.
