A render of Iridium’s 66-satellite low Earth orbit constellation, which provides positioning, navigation and timing (PNT) coverage in addition to global connectivity. Credit: Iridium WASHINGTON — ...

Rocket Lab said on Monday it would acquire satellite communications provider Iridium Communications in a cash-and-stock deal valued at about $8 billion, marking one of the biggest consolidation moves ...

"This is a defining moment for the space industry and the start of a new era of strategic, accelerated growth for Rocket Lab and Iridium," said Sir Peter Beck, Rocket Lab’s CEO. "Iridium has built the ...

Peter Beck announcing Rocket Lab's acquisition of Iridium in a June 29 video presentation. Credit: Rocket Lab WASHINGTON — Rocket Lab’s chief executive says the company’s acquisition of Iridium was ...

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Rocket Lab is buying Iridium Communications in an $8 billion cash-and-stock deal – equipping the rocket maker with a global satellite network and wireless spectrum in what looks like a bid to compete ...

Launch company Rocket Lab is buying satellite operator Iridium, putting it in a position to become a more full-fledged space services company and continuing a wave of consolidation in the industry.

Rocket Lab announced on Monday that it is acquiring the satellite communications company Iridium. The deal, made for cash and shares of Rocket Lab stock, values Iridium at about $8 billion. The deal ...

For most of its life Rocket Lab has sold the picks and shovels of the space economy: small rockets, satellite buses, components for other people’s missions. It has now decided that selling the tools ...

California-based launch company Rocket Lab has inked a landmark $8 billion deal to acquire long-time satellite communications giant Iridium. Rocket Lab has brought a variety of companies into its ...

Deutsche Bank and Wells Fargo have committed a $3.6 billion bridge loan for the cash part Deal gives Rocket Lab Iridium's licensed spectrum and 2.5 million subscribers CEO Peter Beck said buying ...