Technology29 Jun 2026SEO 801 min read

Analysis: Rocket Lab continues buying spree by acquiring satellite company Iridium

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…

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. The deal, which hasn’t yet closed, will see Rocket Lab acquire Iridium’s stock for $54 per share, valuing the satellite company at $8 billion. This is one of several acquisitions for Rocket Lab this year. The company previously bought space robotics company Motiv in May, acquired laser…

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