Tillkännagivande • 7h
Rocket Lab Corporation Completes Historic Launch and On-Orbit Satellite Tracking Mission for Space Force Rocket Lab Corporation announced mission success for its role in the U.S. Space Force’s VICTUS HAZE mission. This historic mission required Rocket Lab to design, build, and test a Pioneer spacecraft for the USSF, launch it on Electron within 24 hours’ notice, commission the spacecraft within 72 hours, and then conduct complex rendezvous and proximity operations (RPO) on orbit within 84 hours to pursue, monitor, approach, and photograph another target satellite in a demonstration of a rapid threat-response scenario. Rocket Lab successfully completed all mission phases faster than the deadlines set by the Space Force, setting records and delivering new standards in responsive space. Responsive Launch: On June 19, Rocket Lab launched the VICTUS HAZE mission just 16 hours and 42 minutes after receiving the Notice To Launch from the Space Force – the fastest response time ever for a Tactically Responsive Space (TacRS) mission. Spacecraft Commissioning: Completed within 38 hours – more than 30 hours ahead of the Space Force’s 72-hour deadline – Rocket Lab’s spacecraft operation team methodically activated and verified all of Pioneer’s systems including power, communications, and attitude control, ensuring the satellite was fully operational and ready to begin its tactical space domain awareness mission. RPO Operations: Completed in less than 59 hours – 25 hours ahead of the Space Force’s 84-hour deadline. Rocket Lab’s Pioneer spacecraft performed a series of complex orbital maneuvers to pursue, monitor, approach, and photograph a target satellite on orbit. Throughout operations, Rocket Lab maintained continuous tracking of the target spacecraft, demonstrating precision navigation and control capabilities essential for space domain awareness operations. While traditional missions have relied on separate contractors for rockets, satellites, and operations in space, Rocket Lab is delivering all three for VICTUS HAZE – the first time a single prime contractor has provided an entire all-in-one mission for the TacRS program. Deployed by the USSF’s Space Systems Command (SSC), led by the Space Safari Program Office, in partnership with the Defense Innovation Unit (DIU), VICTUS HAZE is a Tactically Responsive Space (TacRS) mission generating the vital data, technology, and real-world operational experience needed to make that rapid response a repeatable reality. With the threshold RPO demonstration now successfully completed, Rocket Lab will continue to operate the Pioneer spacecraft on orbit for several more months to prove out additional advanced RPO tactics, techniques, and procedures tasked by Space Safari. Rocket Lab’s continued successful delivery of responsive space missions and increasingly complex RPO mission objectives for the USSF reinforces the Company’s reputation as a trusted partner capable of executing the most challenging and time-critical missions for national security. Buy Or Sell Opportunity • Jul 01
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 57% to €92.80. The fair value is estimated to be €75.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has declined by 3.6%. Revenue is forecast to grow by 48% in a year. Earnings are forecast to grow by 37% in the next year. Tillkännagivande • Jul 01
Rocket Lab Corporation (NasdaqGS:RKLB) entered into a definitive agreement to acquire Iridium Communications Inc. (NasdaqGS:IRDM) for $5.9 billion. Rocket Lab Corporation (NasdaqGS:RKLB) entered into a definitive agreement to acquire Iridium Communications Inc. (NasdaqGS:IRDM) for $5.9 billion on June 28, 2026. The transaction is structured as a collar consideration, where the collar is banded from $67.50 to $112.50 of Rocket Lab’s share. As per the agreement, each issued and outstanding share of common stock of Iridium will be converted into the right to receive (i) $27.00 in cash and (ii) a number of shares of Rocket Lab’s common stock equal to the Exchange Ratio, in each case without interest. The “Exchange Ratio” will be the following: (i) if the Rocket Lab Common Stock Price (as defined below) is equal to or less than $67.50, then the Exchange Ratio will be 0.4000; (ii) if the Rocket Lab Common Stock Price is greater than $67.50 but less than $112.50, then the Exchange Ratio will be the quotient obtained by dividing $27.00 by the Rocket Lab Common Stock Price, rounded to four decimal places; and (iii) if the Rocket Lab Common Stock Price is equal to or greater than $112.50, then the Exchange Ratio will be 0.2400. The transaction has a notional value of $54.00 per share of Iridium common stock, implying an enterprise value for Iridium of approximately $8 billion. As part of the transaction, Rocket Lab has received commitments for a $3.6 billion 364-day senior secured bridge term loan facility from Deutsche Bank and Wells Fargo. Rocket Lab intends to fund the cash component of the transaction through a combination of cash from its balance sheet and other debt and equity financing sources. In case of termination of transaction, Iridium Communications Inc. will pay a termination fee of $223.6 million.
The transaction is subject to the expiration or termination of applicable waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and consent of the U.S. Federal Communications Commission to the transfer of control of certain telecommunication authorizations held by Iridium, approval by regulatory board / committee, approval of merger agreement by target board, approval of offer by acquirer board, approval of offer by target shareholders, and the effectiveness of a registration statement on Form S-4 with respect to shares of Rocket Lab Common Stock to be issued in the Transactions and approval of such shares for listing on the Nasdaq Global Select Market. The deal has been unanimously approved by the board of both Rocket Lab and Iridium. The transaction is expected to be completed in mid-2027
Wells Fargo Corporation acted as financial advisor for Rocket Lab Corporation. Deutsche Bank Securities Inc. acted as lead financial advisor for Rocket Lab Corporation. PJT Partners Inc. acted as financial advisor for Rocket Lab Corporation. Rob Ishii and Remi Korenblit of Wilson Sonsini Goodrich & Rosati, P.C. acted as legal advisors for Rocket Lab Corporation. DLA Piper LLP acted as legal advisor for Rocket Lab Corporation. The team of Goodwin Procter LLP led by Stuart Ogg, Melissa Schwab Wright, Dylan Brown, Ora Grinberg, Justin Pierce, and Carrie Miller acted as legal advisor for Rocket Lab Corporation. The team of Davis Polk & Wardwell LLP for Harold Birnbaum, Arthur J. Burke, Matthew Yeowart, Veronica M. Wissel, Corey M. Goodman, Hilary Dengel and Ben Joseloff acted as legal advisors to Iridium Communications Inc. Wilkinson Barker Knauer, LLP acted as legal advisor for Iridium Communications Inc. Evercore Group L.L.C. acted as exclusive financial advisor for Iridium Communications Inc. Evercore Group L.L.C. acted as fairness opinion provider for Iridium Communications Inc. Recent Insider Transactions • Jun 26
Senior VP recently sold €8.3m worth of stock On the 18th of June, Arjun Kampani sold around 88k shares on-market at roughly €94.08 per share. This transaction amounted to 46% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €8.7m. Insiders have been net sellers, collectively disposing of €52m more than they bought in the last 12 months. Tillkännagivande • Jun 24
Rocket Lab Corporation Launches VICTUS HAZE Mission And Deploys Pioneer Spacecraft For U.S. Space Force Rocket Lab Corporation successfully launched its Electron rocket and deployed its own Pioneer spacecraft for the U.S. Space Force (USSF) Space Systems Command’s (SSC) VICTUS HAZE Tactically Responsive Space (TacRS) mission led by the SSC’s Space Safari Program Office. Lifting off from Rocket Lab Launch Complex 1 in New Zealand at 10:19 pm NZT on June 19th, the mission shattered the previous TacRS record set by VICTUS NOX by more than 10 hours. The feat establishes a new global benchmark for rapid call-up space capabilities. VICTUS HAZE marks the first time a single prime contractor has provided an entire all-in-one mission as a complete package for a TacRS mission. Rocket Lab vertically engineered, built, and tested the highly maneuverable Pioneer spacecraft, executed the rapid launch, and is now managing on-orbit operations for VICTUS HAZE. Rocket Lab’s Pioneer spacecraft is now conducting Rendezvous and Proximity Operations (RPO) in low Earth orbit, simulating a rapid threat-response scenario alongside a non-compliant satellite. The ability to rapidly launch a spacecraft, pursue an object in space, photograph it, and monitor its behavior in real time, gives the U.S. and its allies the Space Domain Awareness capability and the vital intelligence it needs to maintain U.S. superiority in space. Key VICTUS HAZE Mission Achievements: 16 Hours, 42 Minutes (Notice-to-Launch): The length of time between Rocket Lab receiving the Notice To Launch from the SSC’s Space Safari Program Office and Electron’s launch from Launch Complex 1. 4 Hours (Trajectory Calculation): Rocket Lab’s Guidance, Navigation, and Control (GNC) team took just ~4 hours to calculate final trajectories, update flight software, and coordinate global ground stations in preparation for launch. 37 Hours, 36 Minutes (Spacecraft Commissioning): Rocket Lab fully activated and readied the Pioneer spacecraft for its first orbital maneuver, beating VICTUS HAZE’s strict 72-hour deadline by more than 34 hours. The successful launch of VICTUS HAZE builds on Rocket Lab’s extensive history of delivering responsive space missions, including a previous launch record in 2024 when Rocket Lab launched two Electron missions from two different hemispheres in less than 24 hours. Rocket Lab’s ability to rapidly compress what is typically a multi-year defense acquisition timeline was made possible through the company’s extensive vertical integration. The Pioneer spacecraft incorporates Rocket Lab’s own in-house manufactured subsystems, including propulsion, solar arrays, reaction wheels, radio, star trackers, structures, propellant tanks, and flight software. This internal supply chain eliminates third-party delays, ensuring seamless compatibility and unmatched operational speed for the Department of War and its allies. 
