Rocket Lab Stock Is Trending Tuesday: What's Going On? - Rocket Lab (NASDAQ:RKLB)

Rocket Lab completes acquisition of U.S. satellite sensor maker Geost

Geost’s technology is used in U.S. national security missions, including missile warning and tracking, space surveillance, and tactical reconnaissance The post Rocket Lab completes acquisition of U.S. satellite sensor maker Geost appeared first on SpaceNews.

Rocket Lab Stock Is Trending Tuesday: What's Going On? - Rocket Lab (NASDAQ:RKLB)

Rocket Lab Corp (NASDAQ:RKLB) shares are trending. The company on Tuesday announced that it completed its acquisition of Geost. What Happened: Rocket Lab said it completed its acquisition of electro-optical and infrared (EO/IR) payload development and manufacturing company Geost for $275 million in cash and stock. The acquisition boosts the company’s positioning as a prime contractor for next-generation defense initiatives like the proposed Gold…

Rocket Lab completes $275 million acquisition of Geost to boost U.S. national security capabilities

The acquisition strengthens Rocket Lab’s position as a prime contractor for next-generation defence initiatives, including the Golden Dome for America concept and the Space Development Agency’s Proliferated Warfighter Space Architecture. By adding Optical Systems to its portfolio, Rocket Lab can now offer complete, mission-ready spacecraft for U.S. national security programmes. Geost’s EO/IR technologies are used for missile warning and tracking…

Rocket Lab Completes Geost Acquisition

Launch services and space systems provider Rocket Lab has finalized its acquisition of Geost, an electro-optical and infrared sensor systems developer and ATL Partners’ portfolio company Lightridge Solutions subsidiary. Integrating Electro-Optical & Infrared Technologies Rocket Lab said Tuesday the $275 million deal, previously announced in May, included $125 million in cash and over 3 million in common stock shares. The

Rocket Lab Adds Payload Capability With Acquisition Of Geost - Defense Daily

Rocket Lab [RKLB] on Tuesday said it has completed its $275 million acquisition of Geost, a developer and supplier of optical sensors for spacecraft, in a deal that builds out […]