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5N Plus selected for $7.3 million U.S. defense production

5N Plus says it was selected by the U.S. Department of War to receive $7.3 million to establish domestic production of gallium arsenide electro-optical components. Desjardin analyst Frederic Tremblay says it could become only qualified domestic supplier.

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5N Plus is positioned to become only qualified domestic U.S. supplier of gallium arsenide electro-optical components.

Desjardin analyst Frederic Tremblay notes the specialty materials company was selected by the U.S.

Department of War to receive $7.3 million to establish domestic production of gall…