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Long Beach-based Rocket Lab Corp. agreed to buy Iridium Communications Inc., a pioneer in satellite telephones, for $54 a share in a cash-and-stock transaction as players in the space industry try to ...
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 said Monday it plans to acquire Iridium Communications, positioning the expanding company as a head-on rival to SpaceX and its Starlink satellite-communications business. The “historic” ...
Iridium’s constellation of 66 satellites provides communications for 2.5 million subscribers. Iridium’s constellation of 66 satellites provides communications for 2.5 million subscribers. is a news ...
Rocket Lab is buying Iridium Communications in a deal worth about $8 billion, bringing together the space systems and launch specialist with a global mobile satellite business. The move will broaden ...
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