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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