Space launch provider Rocket Lab to buy satellite operator Iridium for $8B

Rocket Lab Corp. today announced plans to acquire Iridium Communications Inc., a major satellite operator, for $8 billion in cash and stock.

The companies expect to complete the transaction in mid-2027.

Rocket Lab is the developer of Electron, a 60-foot launch vehicle optimized to take satellites into low Earth orbit, or LEO. The company completed […]

The post https://siliconangle.com/2026/06/29/space-launch-provider-rocket-lab-buy-satellite-operator-iridium-8b/" rel="nofollow">Space launch provider Rocket Lab to buy satellite operator Iridium for $8B appeared first on https://siliconangle.com" rel="nofollow">SiliconANGLE.