socalTECH
JANUARY 19, 2022
Long Beach-based Rocket Lab said Tuesday afternoon that it has completed its acquisition of SolAero Holdings. The deal was worth $80M in cash. SolAero Holdings is a manufacturer of solar power technology and aerospace structures for use in space.
socalTECH
AUGUST 23, 2021
Long beach-based Rocket Lab is expecting to be a public company by Wednesday, thanks to a special purpose acquisition company (SPAC) merger with Vector Acquisition Corporation, the two said this morning. Rocket Lab and Vector Acquisition Corporation said they expect gross proceeds of $777M to the company from the deal.
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socalTECH
AUGUST 25, 2021
Long Beach-based Rocket Lab is the region's newest, public company, after completing a deal with a special purpose acquisition company (SPAC) this morning. The company--which rang the Nasdaq opening bell this morning--merged with Vector Acquisition Corp., which had been trading as VACQ on the Nasdaq.
socalTECH
JANUARY 28, 2022
Long Beach-based satellite launch provider Rocket Lab announced this week that it has been selected by NASA, as one of twelve companies to provide launch services for NASA's Venture-Class Acquisition of Dedicated and Rideshare (VADR) missions. Rocket Lab did not say how much its portion of the $300M in launch contracts is worth.
socalTECH
AUGUST 23, 2021
Long Beach-based Virgin Orbit, the satellite launch technology company which is related to Sir Richard Branson's Virgin Galactic space tourism business, says it will become a publicly traded company through a Special Purpose Acquisition Company (SPAC). II , which trades on the Nasdaq as NGCA.
socalTECH
NOVEMBER 30, 2021
Long Beach-based Virgin Orbit has set the planned board of directors for the company, assuming its ongoing special purpose acquisition (SPAC) deal goes through as planned.
socalTECH
MARCH 1, 2021
Long Beach-based rocket developer Rocket Lab is joining the very long list of local technology companies, which is heading towards the public market through a merger with a Special Purpose Acquisition Company (SPAC).
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