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Rocket Lab Completes SolAero Acquisition

socalTECH

Long Beach-based Rocket Lab said Tuesday afternoon that it has completed its acquisition of SolAero Holdings. Rocket Lab says SolAero's space solar cells are used in civil space exploration, science, defense and intelligence, and commercial markets. The deal was worth $80M in cash.

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Rocket Lab Plans IPO Via SPAC

socalTECH

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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Rocket Lab Acquires SolAero

socalTECH

Long Beach-based Rocket Lab announced late Monday that it has acquired SolAero Holdings, a supplier of solar power products and precision aerospace structures for the global aerospace market. The company said it paid $80M in cash for SolAero.