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Rocket Lab to Acquire Iridium in Historic Deal, Creating A Fully Vertically Integrated Space Powerhouse Primed for Growth

N
Jun 29, 2026 · 12:08

Rocket Lab Corporation has entered into a definitive agreement to acquire Iridium Communications Inc. for $54 per share in a cash and stock transaction, establishing an enterprise value of approximately $8.0 billion. This historic and transformative acquisition creates a fully vertically integrated space powerhouse by merging Rocket Lab's launch and satellite manufacturing capabilities with Iridium's global low Earth orbit (LEO) satellite network, L-band spectrum, and an ecosystem of over 500 partners.

Strategically, this provides Rocket Lab with material revenue and a significant boost to its cash flow generation and profitability while granting it an immediate foothold in critical space-based applications such as satellite Internet of Things (IoT), direct-to-device (D2D) connectivity, positioning, navigation, and timing (PNT), and safety-of-life services. By absorbing Iridium's infrastructure, which already serves over 2.55 million active subscribers across commercial, government, defense, aviation, and maritime markets, Rocket Lab transitions into a formidable competitor in the global telecom sector capable of designing, building, launching, and operating its own constellations to pioneer next-generation space services.

[Rocket Lab to Acquire Iridium in Historic Deal, Creating A Fully Vertically
](https://investors.rocketlabcorp.com/node/12841/pdf)

[Integrated Space Powerhouse Primed for Growth](https://investors.rocketlabcorp.com/node/12841/pdf)