Employees work on the final assembly of ASML’s semiconductor lithography tool with its panels removed, in Veldhoven, Netherlands, on April 4, 2019. Bart van Overbeeke Fotografie/ASML/Handout via Reuters
The U.S. government is to become a shareholder in xLight, an American startup developing free-electron lasers.
The Department of Commerce said on Dec. 1 that it has signed a non-binding preliminary letter of intent to provide up to $150 million in federal incentives to xLight through the CHIPS and Science Act, with the government taking an equity stake in the company in return.
