November 16 - 11:11
14D
Rocket Lab acquires Planetary Systems in $42m deal
Rocket Lab has announced its plans to purchase Planetary Systems Corporation for $42m in cash, plus 1,720,841 in shares of common stock, with the potential for additional shares based on future performance. PSC makes a “Canisterized Satellite Dispenser" separation system to separate spacecraft from rockets while also protecting them during launch, that has been used in over 100 missions.
> Tweets