Business Wire·May 28, 2026, 4:11 PM ET

Karman Space & Defense Announces Launch of Secondary Offering of Common Stock

Karman Space & Defense announced an underwritten public offering of 13,500,000 shares of common stock by certain selling stockholders.
Selling stockholders expect to grant underwriters a 30-day option to purchase up to an additional 2,025,000 shares.
Karman is not selling any shares in the offering & will not receive any proceeds; all net proceeds will go to the selling stockholders.
Citigroup & Evercore ISI are acting as book-running managers for the offering.
The offering is being made pursuant to an effective automatic shelf registration statement on Form S-3 filed with the SEC.
Karman Space & Defense designs, develops, & produces critical next-generation system solutions for the U.S. Department of War & space access.
The company delivers Payload & Protection Systems, Hydro/Aerodynamic Interstage Systems, & Propulsion & Launch Systems to over 80 prime contractors.
Karman is headquartered in Huntington Beach, CA, with multiple facilities across the United States.
The announcement includes forward-looking statements regarding future expectations, estimates, & assumptions that are subject to risks & uncertainties.