Rocket Lab completes $1.944 billion at-the-market equity offering to fund Iridium Communications acquisition.
PUBLIC · RKLBSep 19, 2026
Amount Raised
$1.94 Billion
Round Type
Post-IPO Equity
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Description
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.
Company Information
Company
Rocket Lab Corporation
Location
1 Campus Martius
Detroit, Michigan, United States
About
Rocket Lab is a global leader in launch services and space systems. The company has over 20 years of flight heritage and aims to disrupt the traditional space industry. It specializes in delivering mission-critical space solutions with unique capabilities. Rocket Lab focuses on enhancing national security space solutions through innovative technologies.
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.
DetroitManufacturingFinancial ServicesMedia And EntertainmentMobileScience And EngineeringPrivacy And SecuritySecurityAnalyticsAerospaceSatellite CommunicationAviation & AerospaceOnline Media