Rocket Lab Acquires Iridium's Satellite Network for $8 Billion

Rocket Lab has announced a $8 billion acquisition of Iridium Communications, combining its launch capabilities with Iridium’s satellite-based communications network. The deal aims to strengthen Rocket Lab's position in the competitive space industry and challenge SpaceX.

By Emma Roth · The Verge · June 29, 2026, 13:51 UTC

Rocket Lab Acquires Iridium's Satellite Network for $8 Billion

Tickers: $IRDM $RKLB

Topics: Acquisition Satellite Communications Space Industry

Read the full article at The Verge

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