Rocket Lab to acquire SolAero Holdings for its space solar power products

Long Beach CA (SPX) Dec 15, 2021
Rocket Lab USA has signed a definitive agreement to acquire SolAero Holdings, Inc. (SolAero), a premier supplier of space solar power products and precision aerospace structures for the global aerospace market, for $80 million in cash. The acquisition is expected to close in the first quarter of 2022. The acquisition aligns with Rocket Lab’s growth strategy of vertical integration to deliv This article was originally published by Solardaily.com. Read the original article here.