Rocket Lab delays Neutron rocket launch to 2027
The company updates its development program for the reusable medium-lift vehicle and shifts the first flight timeline due to ongoing process improvements.
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In short: Rocket Lab delayed Neutron to 2027, funded its Iridium acquisition, and landed record Electron and defense deals.
The company updates its development program for the reusable medium-lift vehicle and shifts the first flight timeline due to ongoing process improvements.
The company secured a 20-launch agreement valued as its single largest commercial deal, bringing total missions to 47 and expanding the StriX SAR satellite constellation.
Iridium shareholders approved the merger on September 24, 2026. Rocket Lab will acquire Iridium for a notional value of $54 per share by mid-2027.
It raises $1.944 billion, amends Iridium’s $1.775 billion credit facility, and terminates its $3.6 billion bridge commitment ahead of the expected mid-2027 closing.
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Detailed price information for Rocket Lab Corp (RKLB-Q) from The Globe and Mail including charting and trades.
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