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Rocket Lab Acquires Aerospace Engineering Firm Advanced Solutions for USD 40m
Wednesday 13 October 2021

California-based launch services provider Rocket Lab USA, Inc. (NASDAQ: RKLB) has completed the acquisition of Colorado-based aerospace engineering firm Advanced Solutions, Inc., (ASI) for USD 40m, the company said.

The acquisition has the potential for an additional USD 5.5m performance earnout based on CY 2021 results.

ASI's advances in flight software, mission simulation, and GNC strengthen Rocket Lab's Space Systems portfolio, which encompasses the Photon spacecraft line and a growing suite of spacecraft hardware solutions, including those brought to the portfolio through the acquisition of Sinclair Interplanetary in April 2020.

Rocket Lab is an end-to-end space company with an established track record of mission success. The company delivers launch services, spacecraft components, satellites and other spacecraft and on-orbit management solutions that make it faster, easier and more affordable to access space.
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Date Published: 13/10/2021

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