POSTS FROM

News

BUSINESS ★ FEATURED

Rocket Lab is buying Iridium for $8 billion to build the vertically integrated space company Starlink forced everyone to consider

Rocket Lab announced June 29 it will acquire Iridium Communications in an $8 billion cash-and-stock deal at $54 per share, creating a vertically integrated space company that designs, builds, launches, and operates its own satellite constellations. The deal gives Rocket Lab Iridium's 66-satellite LEO network, global spectrum rights, a $738.5 million U.S. Space Force contract, and a 500-plus partner IoT ecosystem. The transaction, funded partly by a $3.6 billion bridge loan from Deutsche Bank and