Rocket Lab Corporation announced on September 15, 2026, that it has fully financed its pending acquisition of Iridium Communications Inc., which is expected to close in mid-2027 subject to regulatory approvals. The company completed an At-The-Market equity offering, raising approximately $1.944 billion in gross proceeds from the sale of 29.3 million shares. Concurrently, Rocket Lab terminated its previously announced $3.6 billion senior secured bridge debt facility. To facilitate the transaction, Iridium amended its existing $1.775 billion credit agreement to provide lender consent for the merger and carve out the acquisition from Change of Control definitions, while Rocket Lab USA will provide a parent guarantee for the term loans upon closing. These actions secure permanent financing backed by Iridium's cash flow and eliminate bridge debt risk ahead of the anticipated close. Rocket Lab operates in the aerospace industry, providing launch services, satellites, and spacecraft components.

On August 13, 2026, Rocket Lab Corporation entered into a replacement Equity Distribution Agreement with Deutsche Bank Securities Inc. and Wells Fargo Securities, LLC, establishing an at-the-market (ATM) equity program allowing the sale of up to $1,944,369,826 in common stock. This agreement replaces the prior May 2026 sales agreement, carrying forward its unsold offering amount without increasing the aggregate cap. Rocket Lab intends to use net proceeds from this ATM program and a proposed amendment to Iridium Communications Inc.'s existing $1.775 billion term loan facility to fund cash payments for its acquisition of Iridium and reduce commitments under a $3.6 billion senior secured bridge facility. Concurrently, the company announced that the Hart-Scott-Rodino antitrust waiting period for the Iridium acquisition expired on August 12, 2026, and it filed a Form S-4 registration statement and FCC applications related to the transaction. Rocket Lab Corporation is an end-to-end space company delivering rockets, satellites, and spacecraft components.

Rocket Lab Corporation filed an 8-K to provide financial information and accounting consent related to its pending acquisition of Iridium Communications Inc. under a merger agreement dated June 28, 2026. The transaction involves a two-step merger where Iridium becomes a subsidiary before merging into Rocket Lab. Consideration includes $27.00 in cash per share plus stock based on an exchange ratio tied to Rocket Lab's stock price. Preliminary purchase consideration is estimated at approximately $7.59 billion, including the payoff of roughly $1.77 billion in Iridium debt. Rocket Lab secured a $3.6 billion senior secured bridge term loan facility to fund the cash portion. The filing includes audited and unaudited financial statements for Iridium and pro forma combined financials reflecting the transaction as if completed on June 30, 2026. Rocket Lab Corporation operates in the aerospace industry, designing, manufacturing, and launching small satellites and launch vehicles.

Rocket Lab Corporation entered into a merger agreement with Iridium Communications Inc. to acquire it through a merger of its subsidiaries. Iridium shareholders will receive $27.00 in cash and a variable number of Rocket Lab common stock shares based on an exchange ratio determined by Rocket Lab's stock price. Rocket Lab has secured a $3.6 billion senior secured bridge term loan facility to finance the transaction. Rocket Lab is an aerospace and space technology company.