Rocket Lab to join satellite payload segment with $462m takeover of US company Geost

Rocket Lab to join satellite payload segment with $462m takeover of US company Geost

Rocket Lab says it will acquire the parent holding company of a US national security satellite provider for US$275 million ($462m). It said the deal marked...

Rocket Lab makes $275m Geost deal

Rocket Lab has agreed to acquire Geost, a move that marks the company’s formal entry into the satellite payload sector.

Rocket Lab Snags IR Sensor-Maker In $275M Deal

Rocket Lab ($RKLB) announced its purchase of Geost, an AZ-based company that builds electro-optical and IR sensor payloads for satellites.  Rocket Lab will pay private equity firm ATL Partners $275M for Geost, divided between $125M in cash and $150M in Rocket Lab stock. It may pay up to $50M more based on the business’ earnings. “With this deal, Rocket Lab will officially enter the payload market as a disruptive prime contractor to US national s…

Rocket Lab to Acquire Geost, Enter Satellite Payload Market - GovCon Wire

Rocket Lab has agreed to acquire Geost, signaling the latter’s expansion into the satellite payload segment. The launch services and space systems company said Tuesday it will acquire Geost’s parent holding company from Lightridge Solutions for $275 million in cash and common stock shares, plus potential additional cash earnouts of up to $50 million. Rocket Lab aims

Rocket Lab Enters Payload Market with Agreement to Acquire Geost, Positioning Itself as Disruptive Prime to U.S. National Security

The strategic acquisition would create an entirely new category for Rocket Lab, positioning the Company as a disruptor for national security space.LONG BEACH, Calif.--(BUSINESS WIRE)--$RKLB--Rocket Lab Corporation (Nasdaq: RKLB) (“Rocket Lab” or the “... L'articolo Rocket Lab Enters Payload Market with Agreement to Acquire Geost, Positioning Itself as Disruptive Prime to U.S. National Security è un contenuto originale di 01net.

Rocket Lab to Acquire Payload Provider Geost, Targeting National Security Missions - Defense Daily

Rocket Lab has signed an agreement to acquire payload developer Geost, LLC in a bid to enter the satellite payload market and strengthen its national security space solutions.  Rocket Lab […]