Budd, Bennet Introduce Bipartisan Bill to Unlock U.S. Space-Based Chip Manufacturing & Close Advanced Manufacturing Gap with China

This press release from Senator Ted Budd (R-NC) was published on 2026-06-11 and titled "Budd, Bennet Introduce Bipartisan Bill to Unlock U.S. Space-Based Chip Manufacturing & Close Advanced Manufacturing".

Budd, Bennet Introduce Bipartisan Bill to Unlock U.S. Space-Based Chip Manufacturing & Close Advanced Manufacturing Gap with China

Washington, D.C. — U.S. Senator Ted Budd (R-N.C.), member of the Senate Commerce, Science, and Transportation Committee, and Senator Michael Bennet (D-Co.), today introduced the Semiconductor Superiority Act. This bipartisan legislation amends Section 48D of the CHIPS and Science Act to clarify that space-based semiconductor manufacturing in Low Earth Orbit (LEO) is an included use for tax credits. The [ ]