Rakon Limited (NZSE:RAK) is looking for acquisitions. Maureen Shaddick, Company Secretary, said "We are also continuing to evaluate and consider acquisition opportunities to expand into the U.S. market. This would provide access to top-tier U.S. customers through local manufacturing and strengthen existing customer relationships.

With the push by governments to buy local, this is a sensible move that gives us better market access. The U.S. is also the market for space. And by expanding into the U.S., we will increase our total addressable market.

We'll be conservative with any acquisition, making sure we can fund it and integrate it appropriately".