Vector Capital is a private equity firm focused on the technology sector. It formed Vector Acquisition Corporation, a special purpose acquisition company (SPAC), which merged with Rocket Lab in 2021 to take the space systems company public. This merger provided Rocket Lab with significant funding to expand its space systems business and develop new launch vehicles.
All verified mentions of this organization in source documents.
Rocket Lab announced on 2021-03-01 that it would merge with Vector Acquisition Corporation, a SPAC established by Vector Capital.
Rocket Lab will merge with Vector Acquisition Corporation, a special-purpose acquisition company (SPAC) established by Vector Capital.
The approximately $470,000,000 PIPE is led by Vector Capital, BlackRock, and Neuberger Berman among other institutional investors.
A concurrent private investment in public equity (PIPE) round led by Vector Capital, BlackRock, and Neuberger Berman will provide $470,000,000 to Rocket Lab as part of the merger.