Rocket Lab Corporation (NASDAQ: RKLB) has announced the completion of its acquisition of the parent holding company of Geost, LLC, a leading developer of electro-optical and infrared (EO/IR) sensor systems for national security space missions. The acquisition was completed for $275 million before closing adjustments, including approximately $125 million in cash and 3,057,588 shares of Rocket Lab common stock, with an additional potential earnout of up to $50 million tied to future revenue targets of Geost’s business.
With the closing of the transaction, Rocket Lab has expanded its end-to-end mission solutions with advanced EO/IR payloads, enhancing its role as a provider of complete, mission-ready spacecraft for U.S. national security programs. Geost’s EO/IR technologies support missile warning and tracking, tactical intelligence, surveillance, reconnaissance, earth observation, and space domain awareness, critical capabilities for U.S. space assets operating in contested environments.
Rocket Lab's founder and CEO, Sir Peter Beck, stated that the acquisition strengthens the company's role in building resilient, responsive space architecture envisioned under the Golden Dome, combining Geost’s proven sensing technologies with Rocket Lab’s ability to scale fast, secure, and integrated space solutions.
Following the acquisition, Geost will continue to operate in Arizona and Virginia, expanding Rocket Lab’s footprint across North America. Rocket Lab will gain Geost’s extensive product assets, manufacturing facilities and laboratories, intellectual property, and product inventory.
Rocket Lab, founded in 2006, is an end-to-end space company that delivers reliable launch services, satellite manufacture, spacecraft components, and on-orbit management solutions. Since its first orbital launch in January 2018, Rocket Lab’s Electron launch vehicle has become the second most frequently launched U.S. rocket annually, deploying 200+ payloads from its launch sites in the United States and New Zealand for private and public sector organizations. Rocket Lab's family of spacecraft has been selected to support NASA missions to the moon and Mars, as well as the first private commercial mission to Venus.
Geost, founded in 2004, is a rapidly growing producer of affordable high-performance optical systems for critical national security space missions and employs over 100 professionals.
Following these announcements, the company's shares moved 0.74%, and are now trading at a price of $45.02. For more information, read the company's full 8-K submission here.
