Tech

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

Updated 2026-06-29 13:55 UTC 1 source Neutral

Rocket Lab has announced plans to acquire Iridium's satellite network for $8 billion. The deal will combine Rocket Lab's launch services and spacecraft manufacturing with Iridium's communications network, intensifying competition in the space industry.

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The Verge
Rocket Lab, the space company best known for its small satellite launcher Electron, has announced plans to acquire Iridium Communications for $8 billion. The deal will combine Rocket Lab's launch services and spacecraft manufacturing with Iridium's satellite-based communications network, putting it
2026-06-29 13:51 UTC
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