What is the purpose of I-Pulse's $250 million CHIPS award, and which technology does it specifically support?

The $250 million award from the U.S. Department of Commerce’s CHIPS Research and Development Office is intended to advance I-Pulse’s semiconductor and pulsed-power technology, with a specific focus on developing high-performance silicon-carbide semiconductor components used in pulsed-power systems.

What are the key industrial applications of I-Pulse's pulsed-power systems as stated in the news?

According to the news, I-Pulse’s pulsed-power systems can be applied in geothermal drilling, mining, rock crushing, manufacturing, and defense; in geothermal drilling, the pulses fracture rock to increase drilling speed, extend drill-bit life, and potentially lower costs.

BHP-backed I-Pulse wins $250 million US CHIPS award for silicon-carbide semiconductors

Jun 25, 2026

BHP-backed I-Pulse secured a $250 million U.S. CHIPS award to advance silicon-carbide semiconductor technology. The funding supports pulsed-power systems for mining, geothermal drilling, and defense applications.

reuters

2026-06-25

BHP-backed I-Pulse wins $250 million US CHIPS award for silicon-carbide semiconductors

BHP-backed I-Pulse wins $250 million US CHIPS award for silicon-carbide semiconductors

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