Rocket Lab will acquire Iridium for $8 billion to expand its network
6 hour ago / Read about 0 minute
Author:小编   

On June 29, 2026, Rocket Lab announced that it will acquire all issued common shares of Iridium Communications Inc. through a cash-and-stock transaction priced at $54 per share, valuing Iridium at approximately $8 billion. As a global leader in launch services and space systems, Rocket Lab, along with Iridium—a leading provider of global voice, data, and positioning, navigation, and timing satellite services—will create a vertically integrated aerospace giant spanning the entire industry chain after the merger.