Rocket Lab snaps up US aerospace engineering firm

Wed, 13 Oct 2021

Rocket Lab has snapped up Advanced Solutions (ASI), a Colorado-based aerospace engineering firm for US$40 million (NZ$57.6m).The purchase price also includes the potential for an additional US$5.5m performance earnout based on its 2021 results.According to the newly-listed Rocket Lab, ASI’s space software, mission simulation, test systems, and guidance, navigation and control solutions, “significantly strengthen” Rocket Lab’s space systems portfolio.“Both Rocket Lab and ASI have built leading space businesses with...

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