The all-stock deal values Iridium at $8 billion, and gives Rocket Lab even more firepower to compete against Amazon and SpaceX.
In Brief
Posted:
8:02 AM PDT · June 29, 2026
Image Credits:Rocket Lab
Launch company Rocket Lab is buying satellite operator Iridium, putting it in a position to become a more full-fledged space services company, and continuing a wave of consolidation in the industry.
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Rocket Lab to acquire Iridium
June 29 : Rocket Lab said on Monday it would acquire satellite communications provider Iridium Communications in a cash-and-stock…
June 29 : Rocket Lab said on Monday it would acquire satellite communications provider Iridium Communications in a cash-and-stock…
June 29 : Rocket Lab struck an $8 billion deal to acquire satellite communications provider Iridium Communications on Monday,…
Rocket Lab bought the satellite operator Iridium Communications in a bid to create a vertically integrated rival to Elon Musk's…
Rocket Lab is making its mark in the wider space ecosystem with the acquisition of satellite platform Iridium Communications.
Rocket Lab will acquire satellite communications company Iridium in a deal valued at about US$8 billion (NZ$14.2b), with the aim…
