Rocket Lab Acquires Iridium Communications for $8 Billion to Compete with SpaceX
Rocket Lab has announced an $8 billion acquisition of Iridium Communications, a move that positions it as a direct competitor to SpaceX's Starlink segment. The deal includes access to L-band spectrum and satellite capabilities, enabling Rocket Lab to vertically integrate its space services.
Topics: Iridium Communications Rocket Lab satellite internet space economy