Rocket Lab to acquire Iridium Communications for $8B

The deal will be the rocket manufacturer’s “shortcut” to enter the space applications market, CEO Peter Beck said. Accessing Iridium’s spectrum could also help level the playing field with rival SpaceX.

martedì 30 giugno 2026 New tab

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Dive Brief:

Rocket Lab reached an agreement on Monday to acquire satellite services provider Iridium Communications for approximately $8 billion in cash and stock.

“This acquisition fundamentally enhances our business model by combining our strong satellite subsystems, satellite platforms, and launch businesses with Iridium's proven cash-generating satellite services business,” Rocket Lab CFO Adam Spice said in a video presentation.

The companies’ boards of directors have unanimously approved the deal, which is expected to be completed in mid-2027.