Deal Details

GEOST Is Acquired by Rocket Lab

Industrial
Technology & Services

GEOST, a subsidiary of LightRidge and portfolio company of ATL Partners, acquisition by Rocket Lab

Summary

GEOST LLC (“GEOST” or the “Company”), a subsidiary of LightRidge Solutions (“LightRidge”) and portfolio company of ATL Partners (“ATL”), has announced its acquisition by Rocket Lab USA, Inc. (“Rocket Lab”) (Nasdaq: RKLB). The transaction is subject to various regulatory approvals and customary closing conditions.

Baird served as exclusive financial advisor to GEOST on this transaction.

About

GEOST is a leader in electro-optical and infrared (EO / IR) sensing technologies supporting high-priority national security space missions. With more than 20 years of flight heritage across classified and unclassified missions, GEOST delivers advanced sensor payloads for missile warning and tracking, tactical intelligence, surveillance, and reconnaissance, Earth observation, and space domain awareness—core capabilities for achieving the U.S. Department of Defense and Intelligence Community’s goals for resilient, proliferated space architecture, like the proposed Golden Dome. GEOST’s full suite of sensing solutions enables warfighters and mission operators to protect, defend, and execute with speed and precision in increasingly contested space environments. The Company is headquartered in Tucson, Arizona.

Rocket Lab’s acquisition of GEOST illustrates the following key themes: (1) emergence of the critical role that innovative defense tech companies play in support of national security missions and (2) national security space as a strategic priority to counter near peer threats.

Founded in 2014, ATL Partners is a premier sector-focused private equity firm that invests in commercial aerospace, national security, and transportation & logistics companies. ATL brings deep sector expertise to its investment approach with experienced investment professionals and strong operating executives who have decades of combined experience in each of ATL’s core sectors. ATL Partners is headquartered in New York, New York.

Founded in 2006, Rocket Lab is an end-to-end space company with an established track record of mission success. Rocket Lab delivers reliable launch services, satellite manufacturing, spacecraft components, and on-orbit management solutions that make it faster, easier, and more affordable to access space. Rocket Lab is headquartered in Long Beach, California.

Industrial
Technology & Services

GEOST, a subsidiary of LightRidge and portfolio company of ATL Partners, acquisition by Rocket Lab