Pentagon backs Wolfspeed with $1.5B loan to protect radar chips in F-35s

The US Department of War has committed a conditional $1.5 billion, 30-year loan to Wolfspeed through its Office of Strategic Capital to expand domestic production of SiC and GaN semiconductors. These chips already power radars on F-35 fighters, Navy Aegis destroyers and ballistic missile defense systems.

• The $1.5B loan runs 30 years via the Office of Strategic Capital
• Funds target GaN epitaxy, GaN-on-SiC wafers and radiation hardening
• Wolfspeed chips power F-35, SPY-6 and AN/TPY-2 radars
• Wolfspeed emerged from Chapter 11 on September 29, 2025