Rocket Lab to acquire Iridium for $8B, taking ownership of a satellite network
Rocket Lab agreed to acquire Iridium Communications for ~$8B enterprise value ($54.00/share, cash-and-stock) — vertically integrating its launch and satellite manufacturing with Iridium's global LEO constellation. Closing is targeted for mid-2027, subject to shareholder and regulatory approval.
Rocket Lab agreed to acquire Iridium Communications for ~$8B enterprise value ($54.00/share, cash-and-stock) — vertically integrating its launch and satellite manufacturing with Iridium's global LEO constellation. Closing is targeted for mid-2027, subject to shareholder and regulatory approval.
Who's involved
Small-launch provider (Electron); 21 launches at 100% success in 2025. Developing the reusable Neutron.
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