2021-10-13

Rocket lab acquired ASI, an aerospace software and mission simulation company, for more than $40 million

By yqqlm yqqlm

Rocket lab acquired ASI, an aerospace software and mission simulation company, for more than $40 million

since its establishment, rocket lab’s main business is launch. Its own expertise in building and flying electron light rockets makes it have a unique position in the emerging commercial launch market. The company also acquired Sinclair interplanetary last year, which added key capabilities in the development and production of spacecraft hardware components

ASI has more than 20 years of experience in the field of space software. It has been used in multiple orbital and interplanetary missions to help rocket lab strengthen its services in this regard. It can not only provide customers with launch missions, but also plan, test and operate these missions

Rocket lab acquired ASI, an aerospace software and mission simulation company, for more than $40 million(1)

according to the terms of the transaction, the ASI team will continue to work in Colorado and will continue to be managed by Jon cuseo, the company’s founder and CEO, while maintaining a relationship with existing customers. This also enabled rocket lab to set up stores and develop its team in the Colorado region, which is regarded as the cradle of public and private aerospace industry activities