5N+ Semiconductors
St. George space-qualified germanium substrate capacity expansion
fin-us-dod-5n-germanium-2024
Reading this record
What the evidence says — and does not say
- What kind of figure?
- CommitmentMoney, or a money-like promise, committed to a named recipient or project. The only role ever summed.
- What has happened legally?
- Partially disbursedSome of the money has been paid out.
- Has money been paid?
- Follow the payment evidenceThe source-linked current status records partial payment. It does not establish that the full stated amount was paid or that construction occurred.
- What does it link to?
- Project attributionOne registered project is linked directly to this row. The link alone does not prove the amount was paid or that the project advanced.
This is a commitment role, but the financial status still determines legal standing and payment. Funding and verified industrial outcomes remain separate. A financial record alone never independently verifies construction, commissioning or production. Read SMPT's counting and evidence rules.
Amount
As stated “$14.4 million”
USD 14,400,000 · Exact · Currency read from the issuing government
Amount basis Announced amount (DoD release, 16 April 2024). It is unreconciled with the $12,458,128 federal obligation reported in the federal award record and with the $2,505,981 non-federal funding reported there. No amount paid is recorded; some payment is reported in federal-reporting data only.
Record
- Provider
- U.S. Department of DefenseU.S. Department of DefenseGovernment body
- Legal authority
- Defense Production Act Investment Program
- Programme
- None named
- Recipient
- 5N+ Semiconductors5N Plus Semiconductors LLCCompany
- Project
- St. George space-qualified germanium substrate capacity expansionSt. George space-qualified germanium substrate capacity expansion capital stack →
- Facility
- St. George facility
- Location
- St. George, UtahUS
- Stages
- Refining, Component manufacturingSeveral stages, split not stated
- Materials
- GermaniumTracked materials only
Status
Financial and physical progress are separate histories. The last entry is current.
Financial
- Decided
DoD announced the award on 16 April 2024. The release does not date the award decision, and the agreement's signing date (11 April 2024, below) precedes the announcement, so the announcement date is not used as the decision date.
- Contracted
USAspending records cooperative agreement FA86502425501 to 5N PLUS SEMICONDUCTORS LLC as a new award signed 11 April 2024, described as DPA Title III sustainment and enhancement of the space-qualified solar cell supply chain (the subject of DoD's release). That federal award record establishes an executed agreement; the agreement text was not inspected. A later modification dated 20 May 2025 is described as definitizing the agreement. Binding describes the agreement, not paid money. Amounts, kept distinct: the federal obligation reported in the record is $12,458,128 (award plus modifications through 26 March 2026) and its non-federal funding is $2,505,981; neither equals the $14.4M announced figure, which is kept as stated, and how the announced figure relates to them is not reconciled.
USAspending.gov (U.S. Department of the Treasury), reporting Department of Defense award data
- Partially disbursedcurrent
Federal-reporting attribution only: neither DoD nor 5N+ states a payment, receivable or payment date. USAspending's File C (account-by-award) data, reported by DoD on federal account 097-0360 and linked to this award by its FAIN, carry three gross-outlay lines, each a fiscal-year-beginning-to-period-end figure: $998,701.28 (FY2024 period 9, ending June 2024), $1,032,342.24 (FY2025 period 9, ending June 2025) and $399,308.73 (FY2026 period 6, ending March 2026). By the official definition (OMB Circular A-11, quoted in USAspending's data dictionary) an outlay is a payment made to liquidate an obligation, so some money is reported paid out against this agreement. A reporting period is not a payment date, so the date is left null. The lines name no payee, each is only a floor for its fiscal year at that period end, and they are not totalled, so no amount paid is recorded. The award summary's $0 account outlay does not contradict them: USAspending counts toward that field only each fiscal year's latest closed DoD submission, and the same $0 appears on other awards on this account that carry interim outlay lines. Year-end data differ by year: for FY2024 the period-12 submission is available and holds account rows for other awards but no outlay line for this award; for FY2025 the period-12 submission is available but the File C data retrieved hold no rows for the account in it; for FY2026 no year-end submission existed at retrieval on 4 October 2026 (the latest DoD submission was period 11), so that year's position is open. The public data do not show whether the award was omitted or reported as zero, and omission is the usual pattern (10 of 13 FY2024 assistance awards with a period-9 outlay line have none at period 12). This is the corpus's first partial disbursement resting on federal-reporting data and not on a government or recipient statement. The entry is undated and reflects evidence reviewed on 4 October 2026; it does not establish that any disbursement had occurred at an earlier date, although derivations that read the latest entry show it at every as-of date. The reading is left to human review.
USAspending.gov (U.S. Department of the Treasury), reporting Department of Defense award data
Implementation
- Announcedcurrent
DoD announced upgrading and expanding production facilities and tools at 5N Semi's St. George facility over a planned four years. 'Announced' records this stated plan, not construction. The St. George site itself already operates; no later physical stage of the funded scope is evidenced in the sources read, and 5N+'s 22 September 2026 facility-expansion release does not attribute that expansion to this award.
Terms
Operative terms as the source words them.
| Term | Figure | As stated |
|---|---|---|
| Duration | 4 years | “planned to last four years”DoD states the four-year period. 5N+'s 18 April 2024 release says the award is 'based on meeting certain conditions' over four years; the phrase 'pre-set milestones' appears only in 5N+'s Q1 and Q2 2024 MD&As (recipient disclosures). The conditions and milestones are not described in any source read.U.S. Department of Defense |
Notes
Amounts, kept distinct and not reconciled: the announced $14.4M (DoD and 5N+, April 2024); the federal obligation reported for the award, $12,458,128; and the non-federal funding recorded for it, $2,505,981 (USAspending lists $14,964,109 as total funding, the sum of those two). None of these is confirmed as the amount executed or paid, and no source read explains how the announced figure relates to the reported federal obligation. That relationship is the unresolved question; the federal record does report an obligation. The award supports both substrate-manufacturing capability and germanium sourcing/recovery/refining; the $14.4M is not allocated between those stages. Reviewed 4 October 2026: execution of a cooperative agreement is established by the federal award record (USAspending); the agreement text was not inspected. Some payment is reported in federal-reporting data only (USAspending File C outlay lines; see the partially_disbursed status note): neither DoD nor 5N+ states a payment, receivable or payment date (releases and filings through 3 August 2026), and no date of payment or amount paid is recorded. The physical stage supported for the funded scope is announced only, which records the stated plan and not construction. 5N+'s 22 September 2026 release about a roughly 50% St. George facility expansion says it is funded from existing capex plans and customer support and does not attribute it to this award.
Evidence
Every populated field names the source that states it, how directly, and where.
DOD Awards $14.4 Million to Sustain and Enhance the Space-Qualified Solar Cell Supply Chain
U.S. Department of Defense
- Fields supported
- Instrument · Value role · Capital source · Amount · Provider · Legal authority · Recipient · Project · Facility · Location · Supply-chain stages · Materials · Status · Terms
- Evidence level
- Explicit
- Location in document
- Opening through technical-effort paragraphs
- Qualification
- Announcement of the award; it does not state that an agreement was executed. The $14.4M is the announced amount. It is unreconciled with the $12,458,128 federal obligation and the $2,505,981 non-federal funding reported in the federal award record, and no amount paid is recorded.
5N+ Awarded US$14.4 Million by U.S. Department of Defense
5N Plus Inc.
- Fields supported
- Recipient · Project · Facility · Location · Materials · Terms
- Evidence level
- Explicit
- Location in document
- Headline, opening paragraph and second-paragraph award description
- Qualification
- 5N+ says the US$14.4M award is based on meeting certain conditions over four years and enables manufacturing upgrades at St. George. It does not mention milestones, sourcing, recovery or refining, and does not state execution or payment.
Award Summary: FA86502425501 (Cooperative Agreement), 5N PLUS SEMICONDUCTORS LLC
USAspending.gov (U.S. Department of the Treasury), reporting Department of Defense award data
- Fields supported
- Provider · Legal authority · Recipient · Status
- Evidence level
- Explicit
- Location in document
- Award Summary: Award Type, Awarding and Funding Agency, Recipient, Date Signed; Transaction History: modification 0 (New Award, 2024-04-11) and PZ0001
- Qualification
- Federal-reported data. The place of performance is multi-state and the obligation differs from the announced amount, so this record is not used for amount, facility or location. Its File C gross-outlay lines support the partially_disbursed entry as federal-reporting attribution only, with no date of payment or amount paid (see that status note).
5N Plus Inc. Management's Discussion and Analysis, quarter ended March 31, 2024
5N Plus Inc.
- Fields supported
- Recipient · Project · Facility · Location · Materials · Terms
- Evidence level
- Explicit
- Location in document
- Page 4, paragraph beginning 'Subsequent to quarter end, the Company also announced'
- Qualification
- Recipient disclosure: 5N+ states the 'pre-set milestones' wording and the St. George facility. It states no execution, receivable or payment.
5N Plus Inc. Management's Discussion and Analysis, quarter ended June 30, 2024
5N Plus Inc.
- Fields supported
- Recipient · Project · Facility · Location · Materials · Terms
- Evidence level
- Explicit
- Location in document
- Page 4, sentence beginning 'Earlier in Q2 2024, the Company also announced'
- Qualification
- Recipient disclosure repeating the conditions and pre-set milestones. It states no execution, receivable or payment.
| Source | Fields supported | Evidence level | Location |
|---|---|---|---|
| DOD Awards $14.4 Million to Sustain and Enhance the Space-Qualified Solar Cell Supply Chain U.S. Department of Defense · Source dossier |
| Explicit Announcement of the award; it does not state that an agreement was executed. The $14.4M is the announced amount. It is unreconciled with the $12,458,128 federal obligation and the $2,505,981 non-federal funding reported in the federal award record, and no amount paid is recorded. | Opening through technical-effort paragraphs |
| 5N+ Awarded US$14.4 Million by U.S. Department of Defense 5N Plus Inc. · Source dossier |
| Explicit 5N+ says the US$14.4M award is based on meeting certain conditions over four years and enables manufacturing upgrades at St. George. It does not mention milestones, sourcing, recovery or refining, and does not state execution or payment. | Headline, opening paragraph and second-paragraph award description |
| Award Summary: FA86502425501 (Cooperative Agreement), 5N PLUS SEMICONDUCTORS LLC USAspending.gov (U.S. Department of the Treasury), reporting Department of Defense award data · Source dossier |
| Explicit Federal-reported data. The place of performance is multi-state and the obligation differs from the announced amount, so this record is not used for amount, facility or location. Its File C gross-outlay lines support the partially_disbursed entry as federal-reporting attribution only, with no date of payment or amount paid (see that status note). | Award Summary: Award Type, Awarding and Funding Agency, Recipient, Date Signed; Transaction History: modification 0 (New Award, 2024-04-11) and PZ0001 |
| 5N Plus Inc. Management's Discussion and Analysis, quarter ended March 31, 2024 5N Plus Inc. · Source dossier |
| Explicit Recipient disclosure: 5N+ states the 'pre-set milestones' wording and the St. George facility. It states no execution, receivable or payment. | Page 4, paragraph beginning 'Subsequent to quarter end, the Company also announced' |
| 5N Plus Inc. Management's Discussion and Analysis, quarter ended June 30, 2024 5N Plus Inc. · Source dossier |
| Explicit Recipient disclosure repeating the conditions and pre-set milestones. It states no execution, receivable or payment. | Page 4, sentence beginning 'Earlier in Q2 2024, the Company also announced' |