Photo: AFP PHOTO /ROCKET LAB/KIERNAN FANNING AND SIMON MOFFATTSpace company Rocket Lab has confirmed it will publicly list through a merger deal with a special purpose acquisition company in the United States. Photo: ODT filesThe combined company will list on the Nasdaq under the ticker RKLB and current Rocket Lab shareholders would hold 82 percent of the company's equity. Chief executive and founder Peter Beck said Rocket Lab had been one of only two private companies to deliver regular and reliable access to orbit. "Rocket Lab is a once-in-a-generation company that is democratising access to space through its constant innovation, leading technology and proven execution," said Alex Slusky, chief executive of Vector. Rocket Lab's deal with Vector would include additional funds of $US470 million from 39 investors including Vector Capital, BlackRock and Neuberger Berman.

Source: Otago Daily Times March 01, 2021 19:41 UTC