WASHINGTON -- With a solid backlog and plans to expand its offering to include a small-satellite bus, launch services provider Rocket Lab says it no longer needs to raise capital.
The Huntington Beach, California-based company has raised $288 million in venture capital following five rounds of funding, with the final round closing in October last year. Its current showcase position in the smallsat launch business has enabled it to raise prices, with the latest funding round giving the company a billion-dollar valuation.
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