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NordSpace has acquired land for a future RF-2 facility for the Tempest rocket.

SLC-01 will support orbital launch pads, medium-lift extensions, and vertical integration stack test facilities for NordSpace vehicles.

NordSpace is working with C-CORE on a ground-stations-related project.

NordSpace is developing the Atlantic Spaceport Complex in Newfoundland and Labrador.

NordSpace is developing the TERRY lunar rover, which is named after Terry Fox.

NordSpace has issued tenders for construction at SLC-01.

The Atlantic Spaceport Complex has two main launch areas, SLC-01 and SLC-02.

SLC-02 started construction last year and is focused on suborbital and smaller launches.

NordSpace says the Hadfield engine architecture can survive an engine-out on the way to orbit.

The Tempest rocket will use larger Hadfield 350 engines.

NordSpace’s Tundra+ launcher is designed to carry just over 2,000 kilograms to low Earth orbit.

NordSpace will conduct Tempest research and development at its RF-1 facility.

NordSpace’s Tundra launcher is capable of delivering 1,100 kilograms to low Earth orbit.

NordSpace’s new facility will include large-scale metal additive manufacturing and robotic automated-fibre-placement composites manufacturing.

NordSpace, Reaction Dynamics, and Canada Rocket Company split a $25-million award in Canada’s Launch the North IDEaS Challenge Phase 1.

NordSpace says the dual-chamber architecture cut 3-4 years from its development timeline.

SLC-02 development includes new hangars, pad extensions, and security features.

NordSpace’s Terra Nova satellite is part of its space-systems work.

NordSpace’s team includes personnel drawn from SpaceX, Firefly, Rocket Lab, and Blue Origin.

The Tundra and Taiga will be produced at NordSpace’s Markham facility.

NordSpace is working with local contractors on the Burin Peninsula and elsewhere in Newfoundland and Labrador.

NordSpace’s first Taiga launch attempt took place in August 2025.

NordSpace has a new production facility in Markham, Ontario.

NordSpace operates the Canadian Space Research Range, a private 50-acre propulsion test range in eastern Ontario.

NordSpace’s Hadfield engine uses dual combustion chambers.

NordSpace’s planned launcher family includes the suborbital Taiga, the small-lift Tundra, the medium-lift Tundra+, and the reusable medium-lift Tempest.

The Taiga launch attempt exposed a liquid oxygen supply issue.

NordSpace has modified the Tundra’s length and diameter to create the Tundra+ variant.

NordSpace’s Hadfield engine uses kerosene and liquid oxygen propellants.

NordSpace’s space-systems portfolio includes Zephyr-EP thrusters and a Chronos camera.

Qingzhou-1 is scheduled to launch in early 2027.

Qingzhou-1 is planned to dock with the Tiangong space station.

Iridium reported $871.7 million in revenue and $495 million in operational EBITDA in 2025.

Iridium provides an alternative PNT architecture for environments where GPS and other GNSS signals are degraded or unavailable.

The acquisition implies an enterprise value of approximately $8.0 billion for Iridium.

Rocket Lab’s space systems portfolio includes the Electron small launch vehicle, the in-development Neutron medium-lift rocket, and a satellite manufacturing business that has produced spacecraft for government and commercial customers.

The combined Rocket Lab-Iridium company plans to prioritize direct-to-device services under the Iridium NTN Direct brand, next-generation constellation development, and defense applications in denied or degraded communications environments.

Iridium holds globally coordinated L-band spectrum and provides voice, data, positioning, navigation, and timing services.

The transaction will be filed with the U.S. Securities and Exchange Commission.

Wells Fargo and PJT Partners are advising Rocket Lab on the Iridium acquisition.

The stock exchange ratio in the Rocket Lab-Iridium transaction is subject to a collar banded between $67.50 and $112.50.

The Rocket Lab-Iridium deal is expected to close in mid-2027, pending Iridium stockholder approval and regulatory clearances.

Iridium’s 2025 operational EBITDA margin was 57%.

Iridium stockholders will receive $27.00 in cash plus Rocket Lab common stock for each share they hold under the merger terms announced June 29.

Evercore is the exclusive financial advisor to Iridium on the transaction.

Wilson Sonsini Goodrich & Rosati, P.C. is serving as legal counsel to Rocket Lab on the Iridium acquisition.

Davis Polk & Wardwell LLP is serving as legal counsel to Iridium on the transaction.

Rocket Lab plans to supplement the bridge term loan with cash from its balance sheet and additional debt and equity financing.