Today, the
@DeptofWar's Office of Strategic Capital announced a $1.5 billion conditional loan commitment to Wolfspeed to help strengthen the U.S. supply chain for silicon carbide (SiC), gallium nitride (GaN), and other wide bandgap semiconductor materials.
Combined with private capital, the proposed financing would support domestic production of critical materials and power devices with applications across defense, Super Intelligence, critical infrastructure, and other strategically important sectors.
These technologies are essential to high-performance propulsion, directed energy weapons, drones, electronic warfare systems, radars, and missile defense systems. The financing would also advance U.S. economic security as SiC and GaN are expected to play an increasingly important role in the SI revolution.
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