# DoW Commits $1.5B to Wolfspeed in Marcy

In October 2026, the Department of War’s Office of Strategic Capital made Wolfspeed a conditional, 30-year, $1.5 billion loan commitment to expand U.S. silicon-carbide and gallium-nitride semiconductor production, including capabilities at the company’s Marcy, New York operations. The financing remains subject to financial, legal, and technical due diligence and investment requirements. It is intended to strengthen domestic supply chains supporting defense systems such as propulsion, radar, electronic warfare, directed energy, and missile defense; it is not a new open solicitation or direct contract award.

- The planned expansion could create supplier and manufacturing-partner demand for semiconductor materials, production equipment, and engineering services. Firms in these areas can assess their fit with Wolfspeed’s expansion and defense-industrial-base supply needs.
- Procurement teams should distinguish this conditional financing from a federal procurement opportunity: the signals identify no solicitation, contract number, or proposal deadline.
- The commitment signals federal support for domestic wide-bandgap semiconductor capacity. Contractors supporting defense electronics and systems may wish to account for potential changes in the availability of U.S.-produced silicon-carbide and gallium-nitride components.

**Jurisdictions:** federal
**Industries:** Defense & Military, Information Technology
**Topics:** Grants & Funding
**Published:** October 12, 2026

### Government Entities
- Department of War (DoW)
- Office of Strategic Capital (OSC)
- U.S. Department of Defense (DoD)

### Vendors
- Wolfspeed, Inc. (conditional loan recipient)

### Key Quotes
> This financing would strengthen our continued advancement of silicon carbide materials and wide bandgap power devices, reinforcing our efforts to build a more resilient U.S. semiconductor and defense industrial base.
> — Robert Feurle, Chief Executive Officer of Wolfspeed

> Wolfspeed is powering American technological leadership, national security and international competitiveness from their state-of-the-art semiconductor fab at the Marcy Nanocenter, and their silicon carbide chips would define the next generation of innovation.
> — Charles Schumer, U.S. Senator

### Sources
- [Wolfspeed Gets $1.5 Billion Conditional DoD Loan Commitment To Bolster Silicon Carbide Production - Defense Daily](https://www.defensedaily.com/wolfspeed-gets-1-5-billion-conditional-dod-loan-commitment-to-bolster-silicon-carbide-production/advanced-transformational-technology) - Defense Daily
- [DOW Commits $1.5B to Wolfspeed for Wide Bandgap Chips](https://www.executivegov.com/articles/dow-wolfspeed-loan-wide-bandgap-chips) - ExecutiveGov
- [Schumer says war dept. investment in Wolfspeed good for Oneida County](https://www.uticaod.com/story/news/2026/10/12/schumer-says-war-dept-investment-in-wolfspeed-good-for-oneida-county/92178471007) - Utica Observer Dispatch