What Happened
Creating a Vertically Integrated Space Powerhouse
Rocket Lab has announced plans to acquire Iridium Communications in a historic $8 billion deal, creating a fully vertically integrated space powerhouse. The acquisition combines Rocket Lab’s leading launch and satellite manufacturing capabilities with Iridium’s global network, spectrum, and experience, unlocking critical space applications. The transaction is expected to close in mid-2027, subject to regulatory approvals and Iridium stockholder approval, as reported by PR Newswire.