## Filing Overview
**Filing Date**: 2022-01-18
**Type of Filing**: [[Filing Definitions#8-K|8-K]]
**Event Date**: 2022-01-18
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## Notes
- **Rocket Lab USA, Inc.** completed its **$80 million acquisition** of **SolAero Holdings, Inc.**, a leader in space solar power products.
- The transaction included $3.6 million placed in escrow for indemnity claims and potential adjustments.
- SolAero becomes a wholly-owned subsidiary of Rocket Lab, advancing its vertical integration strategy.
- Key benefits of the acquisition:
- Integration of high-performance solar power technologies supporting missions like **NASA's James Webb Space Telescope** and **Mars Ingenuity Helicopter**.
- Expanded production capabilities, enabling high-volume manufacturing for civil, defense, and commercial space applications.
- The acquisition aligns with Rocket Lab's growth plan, enhancing its space systems offerings with proven solar technologies for spacecraft and satellites.
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## Filing
![[d81f6226-093e-456a-9ad7-1227dda77af2.pdf]]