Tag: Geost
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Impulse Space Raises $300 Mln to Scale In-Space Transport, Develop Electric Propulsion
In-space transportation startup Impulse Space has raised $300 million in a Series C funding round to expand vehicle production and develop electric propulsion technologies, the company said on Monday. The round was led by new investor Linse Capital, with additional participation from DFJ Growth and existing backers. The fundraising, described by the company as a…
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Rocket Lab’s $275 Million Geost Acquisition Signals Ambition to Become Major U.S. Military Satellite Prime Contractor
Rocket Lab is expanding aggressively into the U.S. defense satellite market, with its recent $275 million acquisition of satellite payload provider Geost marking a key step in the company’s broader plan to become a full-spectrum prime contractor for military space programs. “We’re not done,” Rocket Lab CEO Peter Beck said in an interview, hinting at…
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Rocket Lab to Acquire Defense Sensor Firm Geost in $325 Million Deal
Rocket Lab, a U.S.-based launch services and aerospace manufacturer, announced plans to acquire defense technology supplier Geost in a deal valued at up to $325 million, marking a significant expansion into U.S. national security programs. The acquisition includes $125 million in cash and $150 million in Rocket Lab stock, with an additional $50 million in…