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Rocket Lab completes $1.944 billion at-the-market equity offering to fund Iridium Communications acquisition.
Amount Raised
$1.94 Billion
Round Type
Post-IPO Equity
DetroitManufacturingFinancial ServicesMedia And EntertainmentMobileScience And EngineeringPrivacy And SecuritySecurityAnalyticsAerospaceSatellite CommunicationAviation & AerospaceOnline MediaDescription
Rocket Lab completed an at-the-market equity program raising $1.944 billion through the sale of 29.3 million shares. The proceeds fully fund the cash component of the company's planned acquisition of satellite network operator Iridium Communications. The transaction is targeted for completion in mid-2027. Rocket Lab is simultaneously advancing its vertical integration strategy, including manufacturing high-performance space solar cells with significant efficiency improvements.
Fundz sees it the moment Rocket Lab Corporation raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Rocket Lab Corporation raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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