Space Launch Company Unveils Up to $1 Billion Stock Sale Plan

On March 17, U.S. aerospace company Rocket Lab Corporation (NASDAQ: RKLB) announced that it has entered into an equity distribution agreement under which it may issue and sell up to $1 billion (approximately ₩1.3 trillion) of its common stock on a continuous “at-the-market” basis.

Under the agreement, Bank of America, Goldman Sachs, Morgan Stanley and several other securities firms will act as sales agents, forward purchasers and bookrunners, enabling forward sales and principal transactions in Rocket Lab’s Nasdaq-listed common shares. The structure, based on an automatically effective shelf registration statement, allows the company to raise capital in phases tailored to market conditions.

Rocket Lab recently secured its largest-ever launch contract—approximately $190 million (roughly ₩250 billion)—by signing a 20-launch agreement with the U.S. Department of Defense for its HASTE hypersonic test rocket. (space.com)

In its 2025 earnings release, the company reported record fourth-quarter revenue of $180 million, full-year sales of $602 million and an order backlog of about $1.85 billion, reflecting continued growth across its launch services and satellite systems businesses. (reddit.com)

Headquartered in the United States, Rocket Lab operates the small-satellite launcher Electron and is developing the medium-class reusable rocket Neutron. By offering high-cadence launch schedules and specialized small-satellite services, it has steadily expanded its share of the global small-launch market. (en.wikipedia.org)

The space-launch industry is experiencing robust expansion as the deployment of low-Earth-orbit constellations for communications and Earth observation accelerates, and defense procurement by major nations—including the U.S.—increases. This trend is driving growth in both small-launch vehicles and hypersonic test launches. (globenewswire.com)