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Rocket Lab closes acquisition of SolAero Holdings

Submit on Wednesday, January 19th, 2022 21:16

Rocket Lab USA, Inc. announced it has closed the previously-announced transaction to acquire SolAero Holdings, Inc., a supplier of space solar power products and precision aerospace structures for the global aerospace market, for US$80 million in cash. Rocket Lab announced the execution of the agreement to acquire SolAero on 13 December 2021 pending certain closing conditions.

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This entry was posted on Wednesday, January 19th, 2022 at 9:16 pm and is filed under BUSINESS. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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