Rocket Lab snaps up Iridium in $8 B deal, creating a full‑stack space competitor
Rocket Lab announced a definitive agreement to acquire Iridium for $8 billion in cash and stock, merging its launch and satellite‑manufacturing chops with Iridium's 66‑satellite L‑band network and spectrum. The deal gives Rocket Lab an instant platform for IoT, direct‑to‑device and PNT services, positioning it as a full‑stack rival to SpaceX and Amazon in the telecom arena.