Rocket Lab Fully Funds Iridium Acquisition, Including Completion of $1.94 Billion ATM

Rocket Lab has successfully completed its $1.944 billion At-The-Market equity offering and secured financing to fully fund its pending acquisition of Iridium Communications. The company also obtained a change of control amendment for Iridium's $1.775 billion credit facility and terminated a $3.6 billion bridge facility, with the acquisition expected to close in mid-2027 pending regulatory approvals.