Rocket Lab announced it will acquire Iridium Communications for about $8 billion in cash and stock.
WHO:Rocket Lab
WHAT:Announced acquisition of Iridium Communications for cash and Rocket Lab stock valued at about $8 billion.
WHEN:Jun 29, 2026 at 11:33 AM ET
WHERE:Location not specified
WHY:Rocket Lab said the deal provides a shortcut into space-based services by combining its launch capabilities with Iridium’s operational satellite network and spectrum.
How this story developed (showing 3 of 3 earlier reports)