Rocket Lab's $8B Iridium Purchase Turns It Into a Full‑Stack Space Telecom Player
Rocket Lab agreed to buy Iridium for $54 per share, valuing the satellite‑communications firm at about $8 billion. The merger merges Rocket Lab's launch and satellite‑building expertise with Iridium's global L‑band network, giving the combined company end‑to‑end control of a constellation and a new foothold in IoT, PNT and safety‑of‑life services. The deal creates a vertically‑integrated challenger to larger telecom players.