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Rocket Lab eyes big defense opportunities with new acquisition

Rocket Lab is taking the concept of an 'end-to-end' space company to new heights with a forthcoming acquisition.

Rocket Lab’s second-quarter results, which were posted Thursday, show revenues continue to be driven by its space systems business rather than launch. Through that acquisition, which will close at $275 million in cash and equity, Rocket Lab is opening a new business unit called Optical Systems to scale electro-optical and infrared sensor manufacturing. The acquisition is also one part of a larger play from Rocket Lab – spelled out quite explicitly in the company’s earnings presentation – to bid for multi-billion-dollar DOD initiatives like Golden Dome.

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