Business · 2h ago
Rocket Lab acquires Iridium in $8B all-stock deal
Rocket Lab is acquiring satellite communications company Iridium in an all-stock deal valued at $8 billion. The acquisition bolsters Rocket Lab's capabilities to compete with SpaceX and Amazon in the space industry. Iridium's existing satellite network will complement Rocket Lab's launch and spacecraft manufacturing operations.
Meridian48 take
The deal signals Rocket Lab's aggressive expansion beyond launch services, but integrating Iridium's legacy infrastructure poses execution risks.
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Rocket Lab continues buying spree by acquiring satellite company Iridium →
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