Loading…
Rocket Lab entered into a definitive agreement to acquire Iridium in a cash-and-stock transaction valued at approximately $8 billion. The deal combines Rocket Lab's launch and satellite manufacturing with Iridium's satellite communications network, expected to close in mid-2027.
“Rocket Lab, a space launch and satellite manufacturing company...has entered into a definitive agreement to acquire Iridium...in a cash-and-stock transaction valued at approximately $8 billion.”plantservices.com
Summarized from public sources; check the original articles before acting on it.