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

Rachel Jewett By
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Rocket Lab to Acquire Payload Provider Geost, Targeting National Security Missions
Photo: Geost

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 announced the deal on May 27 to acquire the parent holding company of Geost from Lightridge Solutions, a portfolio company of ATL Partners, for $275 million. The deal consists of $125 million in cash, $150 million in privately placed shares of Rocket Lab common stock, plus up to $50 million…

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