Rocket Lab has entered into a definitive agreement to acquire Iridium Communications in an approximately $8 billion cash-and-stock transaction, bringing together launch services, spacecraft ...

Rocket Lab and Iridium settled on the purchase at $54 per share, equating to an $8 billion deal for the legacy satellite operator. "This is a defining moment for the space industry and the start of a ...

This is read by an automated voice. Please report any issues or inconsistencies here. See more from the L.A. Times in Google Search. Set us as preferred Rocket Lab took a big step Monday to better ...

Rocket Lab RKLB-10.40%decrease; down pointing triangle agreed to buy Iridium Communications IRDM-2.85%decrease; down pointing triangle, a deal that would give it control over a satellite fleet and ...

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's $8 billion Iridium acquisition lifted RKLB 12% and helped push ASTS and PL up 10%, recovering part of a ~45% prior-month selloff. Iridium brings $872M in revenue, $495M in EBITDA, and ...

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 ...

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 — ...

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 ...