UpdatedChris KeallTechnology Editor/Senior Business Writer·NZ Herald·29 Jun, 2026 09:06 PM4 mins to read‘A space superpower’ - Sir Peter Beck on his firm's purchase of Iridium, which will allow it to compete with Elon Musk's Starlink. Video / Rocket LabRocket Lab is buying satellite network operator Iridium in a US$8 billion ($14b) cash and stock deal that founder Sir Peter Beck says will create a “fully integrated space superpower”.
The Kiwi-American company’s Nasdaq-listed shares jumped 18% on the news. Iridium’s shares, also listed on the Nasdaq, jumped 25% to
