KRMN News & Events

Karman Space & Defense announced Stefan Knighton has joined the Company as Chief Information and Artificial Intelligence Officer, CIAIO, effective as of June 1. The appointment of Knighton to this expanded role reflects Karman's commitment to building the digital and AI infrastructure required to operate at the pace and precision that national security and space exploration missions demand.

The deal size was increased to 14M shares of common stock from 13.5M shares of common stock. Citi and Evercore ISI acted as joint book running managers for the offering.

Karman files to sell common stock, no amount given

Karman Space & Defense announced the launch of an underwritten public offering of 13.5M shares of its common stock by certain selling stockholders, subject to market and other conditions. Karman is not selling any shares in the offering and will not receive any proceeds from the offering. The selling stockholders will receive all of the net proceeds from the offering. Citigroup and Evercore ISI are acting as book-running managers for the offering.