:

Business/Financial

Rocket Lab to Acquire Satellite Hardware Company Sinclair Interplanetary

By Vivienne Machi

Monday, March 16th, 2020

SHARE:

Rocket Lab to Acquire Satellite Hardware Company Sinclair Interplanetary

Integration of NRO Birds of a Feather mission on Rocket Lab's Electron space vehicle. (Photo: Rocket Lab)

Rocket Lab has reached an agreement to acquire Sinclair Interplanetary, a Toronto-based satellite hardware company, the small satellite launch company said March 16. “By combining the experience and capabilities of both companies, Rocket Lab will deliver reliable and flexible satellite and launch solutions that enable customers to do more, spend less and reach orbit faster,” Peter Beck, Rocket Lab founder and CEO said in a press release. The financial terms of the acquisition have not been disclosed, but Rocket Lab…

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]

Congress

All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]