The team is developing thermal-controlled radiators that could enhance the capabilities of small scientific and communications satellites.
Construction will start just before Arts Fest and is projected to finish just before Penn State's move-in weekend.
The new contract guarantees a 20% raise for union members over three years.
The Nittany Lions will open their campaign on Friday, August 30, against Tennessee.
The university placed in the top 8% of the more than 1,500 institutions graded.
