Sign In
Search
Uncategorized

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

Rachel Jewett By
SHARE:
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…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Pixxel Targets US Growth, New Sensing Tech With $100M Raise

Business/Financial

EnduroSat and CACI to Build Vantor’s Pulse Smallsat Fleet

Space

TrustPoint CEO Previews Independent PNT Satellite Constellation With EnduroSat Deal

Trending

True Anomaly and Northrop Grumman Aiming to Build GHOST-R Prototypes to Reduce RG-XX Costs
L3Harris Chose To Not Be An SBI Prime, Instead Focusing As Propulsion Supplier
Pentagon Wants AI System to Understand and Predict Space Threats
AEVEX Completes $600 Million Acquisition Of USV Manufacturer BlackSea
Contract Awards

Congress Updates

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]

Missile Defense

Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]

Navy/USMC

HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]

Congress

House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume