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

Source: siliconangle.com 1 min read

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

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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 Space launch provider Rocket Lab to buy satellite operator Iridium for $8B appeared first on SiliconANGLE.

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