Rocket Lab is an end-to-end space company and launch service provider, specializing in small satellite launches with its Electron rocket, which has launched 63 times as of April 2025. They are also developing the larger Neutron rocket for constellation deployment. Rocket Lab provides complete space solutions including satellite design and manufacture, spacecraft components, and on-orbit management, serving commercial, civil, and defense markets, with major partners including NASA and the US Space Force. Key products include the Electron and Neutron rockets, Photon satellite bus, and various satellite components.
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Rocket Lab established a prior record in 2024 by launching two Electron missions from different hemispheres in less than 24 hours.
The Rocket Lab-Iridium deal is expected to close in mid-2027, pending Iridium stockholder approval and regulatory clearances.
Rocket Lab updated the launch attempt for its "The Grain Goddess Provides" mission to Wednesday, July 1 at 1:00 p.m. NZST because of strong winds expected over the launch site.
Rocket Lab launched VICTUS HAZE from Launch Complex 1 in New Zealand at 22:19 NZT on 19 June.
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.
Rocket Lab's "The Grain Goddess Provides" mission is its 92nd mission and 13th Electron launch of 2026.
The two PolSIR launches are scheduled for June 2027 from Rocket Lab’s Launch Complex 1 in Mahia, New Zealand.
Rocket Lab is purchasing Iridium Communications, a mobile satellite service provider.
Rocket Lab secured a NASA contract for three dedicated Electron launches in 2027.
Iridium stockholders will receive $27.00 in cash and a variable number of Rocket Lab common stock shares in the transaction.
Wilson Sonsini Goodrich & Rosati, P.C. is serving as legal counsel to Rocket Lab on the Iridium acquisition.
Rocket Lab Corporation and Iridium Communications Inc. entered into a definitive agreement on June 29, 2026 under which Rocket Lab will acquire all outstanding shares of Iridium common stock.
NordSpace’s team includes personnel drawn from SpaceX, Firefly, Rocket Lab, and Blue Origin.
The stock portion of the Rocket Lab–Iridium transaction will use a net exchange ratio based on Rocket Lab’s 10-day volume-weighted average price at closing, with a collar ranging from $67.50 to $112.50 per share.
The Rocket Lab–Iridium acquisition is projected to close in mid-2027, subject to stockholder approval, FCC license transfer consents, and Hart-Scott-Rodino antitrust clearances.
Rocket Lab used an Electron rocket to place the internally developed Pioneer spacecraft into orbit during VICTUS HAZE.
The TSIS-2 launch is scheduled for early 2027 from Rocket Lab’s Launch Complex 1 in Mahia, New Zealand.
Rocket Lab has secured a $3.6 billion 364-day senior secured bridge term loan facility from Deutsche Bank and Wells Fargo to help finance the cash portion of the transaction.
Rocket Lab plans to supplement the bridge term loan with cash from its balance sheet and additional debt and equity financing.
Rocket Lab VICTUS HAZE was conducted for the Space Systems Command of the U.S. Space Force through the Space Safari Program Office in collaboration with the Defense Innovation Unit.