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 said in the release that the acquisition will strengthen its satellite division. Rocket Lab produces its Photon spacecraft line. The acquisition will allow Sinclair to utilize Rocket Lab’s resources, scale and manufacturing capability.

Sinclair was founded in 2001 by Doug Sinclair, and the company develops spacecraft hardware such as reaction wheels and star trackers that support rapid-schedule small satellite programs. Rocket Lab plans to use Sinclair products as “key features” in its in-house designed and built Photon platforms.

“Rocket Lab has played a pivotal role in making it easy for small satellites to access space,” Doug Sinclair said in the news release. “By operating as one company, we now have the opportunity to do the same for satellite manufacturing and make our hardware available to more customers globally.”

Rocket Lab said March 9 that its next mission will deploy payloads from NASA, the National Reconnaissance Office (NRO) and the University of New South Wales Canberra Space on the company’s 12th Electron space vehicle launch since the company began launches in May 2017. The launch will carry three payloads designed, built and operated by the NRO, and follows Rocket Lab’s first dedicated launch mission for the agency in late January.