05:03 PM EDT, 05/27/2025 (MT Newswires) -- Rocket Lab USA ( RKLB ) said Tuesday it agreed to acquire the parent holding company of Geost, a US-based maker of electro-optical and infrared payloads used in national security satellites.

The deal, valued at $275 million, includes $125 million in cash and $150 million in Rocket Lab stock, with up to $50 million in potential earnout payments tied to future revenue, the company said.

The acquisition is expected to close in H2 and will mark Rocket Lab's entry into the satellite payload segment.

Rocket Lab said the deal expands its capabilities beyond launch and satellite platforms by adding payload development, positioning the company as an end-to-end provider of national security space solutions.

Shares of Rocket Lab were up 1.1% in after-hours trading.