Rocket Lab Acquires SolAero Holdings for $80 Million

December 13, 2021

Rocket Lab (Nasdaq: RKLB) has acquired SolAero Holdings, Inc., a leading supplier of space solar cells, solar panels and precision aerospace structures, for $80 million in cash. The acquisition (announced in December 2021 and subsequently closed) adds SolAero’s ~425 employees and the world’s largest production line of high-performance space solar cells to Rocket Lab’s vertically integrated space systems business, expanding its manufacturing capabilities for civil, defense and commercial space customers.

Buyers
Rocket Lab USA, Inc.
Targets
SolAero Holdings, Inc.
Location
New Mexico, United States
Transaction Type
Buyout

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