Rocket Lab Acquires Iridium for $8B to Build Integrated Space Ecosystem
2026-06-30 20:21

Woofun AI reports that Rocket Lab will acquire Iridium Communications for approximately $8 billion, with completion targeted for mid-2027. Shareholders receive $54 per share in cash and stock, a 24.1% premium. The merger combines Rocket Lab’s launch services with Iridium’s L-band network and 2.5 million customers, creating a vertically integrated structure. Deutsche Bank and JPMorgan provided $3.6 billion in bridge loans for the cash portion.

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