The new debt facility will be used to support Rocket Lab’s expansion plans and finance the procurement of testing equipment and development of additional manufacturing and research and development capacity, Trinity said Tuesday.
“This partnership enables us to build on the strong momentum as an established leading launch provider, and now also a satellite prime contractor, delivering reliable space services to a growing base of commercial and government customers,” said Adam Spice, chief financial officer at Rocket Lab.
Rocket Lab designs and produces 18 satellites for the Space Development Agency under a $515 million contract awarded in December 2023.
Kris Levin-Snow, area vice president within AT&T‘s national security group, will now oversee the company’s defense industrial base portfolio in addition…
Rocket Lab has signed a definitive agreement to acquire California-based Motiv Space Systems, adding space robotics and precision spacecraft mechanism…
Sonny Bhagowalia, assistant commissioner for information and technology and chief information officer at U.S. Customs and Border Protection, has received…
NextPoint Group expands intelligence-focused capabilities with UScontracting acquisition by adding expertise in cybersecurity, signals intelligence and data analysis for national…
