Rocket Lab Enters New Equity Distribution Agreement

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and Wells Fargo Securities, LLC. This agreement replaces the previous one and provides for an aggregate offering amount equal to the remaining unsold amount, up to $1,944,369,826. The company intends to use the net proceeds from the sale of shares under this agreement to fund a portion of the cash payments for the proposed acquisition of Iridium Communications Inc. and to reduce debt commitments. The offering of shares is not conditioned upon the completion of the Iridium Acquisition.

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About Rocket Lab USA Inc.

Rocket Lab USA Inc. is an innovative aerospace company specializing in the manufacture and launch of small satellite launch vehicles. The company's primary purpose is to facilitate rapid and reliable access to space, a crucial service as the demand for satellite deployment grows across numerous industries. Through its Electron launch vehicle and recently developed Neutron rocket, Rocket Lab USA Inc. impacts sectors such as telecommunications, earth observation, space research, and national defense. Additionally, Rocket Lab develops and provides small satellite solutions, including satellite components, and services for end-to-end space missions. Founded in 2006 and headquartered in Long Beach, California, the company has established itself as a significant force in the commercialization of space, supporting new space ventures and contributing to technological advancements. By reducing costs and providing frequent launch opportunities, Rocket Lab USA Inc. plays a vital role in furthering the accessibility of space exploration and satellite management.