revenue $234.1M, net income -$49.3M. Rocket Lab announces Iridium acquisition; revenue +62% YoY; securities litigation dismissed

Filed August 10, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 7, 2025 · ~2 min read

Key Changes

• high

  Definitive agreement to acquire Iridium Communications for ~$8B enterprise value, combining Rocket Lab's launch/manufacturing with Iridium's global satellite network; $3.6B bridge loan committed, closing expected 2027 subject to regulatory approvals.

  Notes: Iridium merger agreement verify on EDGAR →
• high

  Securities class action alleging Neutron development misstatements dismissed with prejudice April 2026; derivative suits also dismissed May 2026, eliminating material litigation risk.

  Legal Proceedings verify on EDGAR →
• high

  Backlog more than doubled to $2.36B (from $995M prior year), with 55% expected beyond 12 months; includes $266M Space Force missile defense contract and $397M airborne moving target indicator program.

  Notes: Backlog growth verify on EDGAR →