Rocket Lab Completes
Acquistion of Space Software Company Advanced
Solutions, Inc
October 12, 2021
Rocket Lab USA, Inc. has
completed the acquisition of Advanced Solutions,
Inc. (ASI), a Colorado-based aerospace engineering
firm delivering mission proven space software,
mission simulation and test systems, and Guidance,
Navigation, and Control (GNC) solutions, for $40
million plus the potential for an additional $5.5
million performance earnout based on CY 2021
results.
ASI’s industry-leading advances
in flight software, mission simulation, and GNC
significantly strengthen Rocket Lab’s Space Systems
portfolio, which encompasses the Photon spacecraft
line and a growing suite of spacecraft hardware
solutions, including those brought to the portfolio
through the acquisition of Sinclair Interplanetary
in April 2020.
“Both Rocket Lab and ASI have
built leading space businesses with mission proven
technology and have a shared vision of making it
easier to get to space and do incredible things
there, so we’re excited to welcome ASI aboard to
further enhance our space systems portfolio and
deliver enhanced end-to-end space solutions," said
Peter Beck, Rocket Lab Founder and Chief Executive
Officer. “The ASI team revolutionized flight
software and have enabled some of the most
significant space exploration missions. For more
than 20 years they have been delivering
industry-first, off-the-shelf spacecraft flight
software products that enable cost-effective and
highly capable constellation and interplanetary
missions. By joining forces, we believe it will have
a transformative effect on the way spacecraft are
designed, built, tested, launched, and operated,
further unlocking space’s potential.”
“We’ve found a great fit with
Rocket Lab and we’re thrilled to be teaming up with
them to continue making space faster, easier and
more affordable,” said John Cuseo, ASI Founder and
Chief Executive Officer. “The two companies
complement each other very well. By coming together,
we will continue to serve our customers and innovate
in our areas of expertise, including space software
and GNC, but now with more rocket fuel in the tank
to play with. We look forward to also becoming an
integral part of Rocket Lab’s Space Systems
business, supporting Photon missions, satellite
components, and space and ground software.”
ASI’s team of almost 60 people
will continue to be led by John Cuseo in Colorado,
enabling Rocket Lab to grow its presence within the
nation’s second-largest aerospace economy and home
to cutting-edge space programs, military commands
and renowned research laboratories and universities.
The ASI team will continue to serve its existing
customer base, while leveraging the ability to scale
by tapping into Rocket Lab’s resources, team, and
technology.
Founded in 1995, ASI has
developed an industry-leading suite of software and
technology solutions for reliable space mission
design and operation. It’s off-the-shelf spacecraft
flight software, MAX, has been operating across more
than 45 spacecraft for a cumulative 135 years in
space. ASI’s customers include leading aerospace
prime contractors, the U.S. Air Force, U.S. DOD
organizations, NASA, and commercial spacecraft
developers including several of the exciting new
space start-ups.
The ASI team have supported
some of the most ambitious Earth, interplanetary,
and human spaceflight missions flown. These missions
have explored distant planets, connected people on
Earth, and pushed the boundaries of what is possible
in space. Now, ASI’s engineers and space software
products are enabling a wide variety of missions
with speed, capability, and reliability.