Rocket Lab acquires satellite leader Iridium for $8B
Rocket Lab has agreed to acquire satellite communications leader Iridium for an enterprise value of approximately $8.0 billion. The deal transforms Rocket Lab into a vertically integrated space applications company, adding material recurring revenue and 2.55 million active subscribers.
This $8B acquisition is a massive strategic pivot that elevates Rocket Lab from a launch provider to an end-to-end space telecommunications titan.
- –Rocket Lab immediately captures Iridium's lucrative recurring revenue streams ($871.7M in 2025), significantly boosting profitability and cash flow.
- –The deal gives Rocket Lab a commanding foothold in direct-to-device (D2D), IoT, and safety-critical satellite connectivity markets.
- –In-house launch capabilities will drastically reduce costs and ensure guaranteed orbital access for replenishing and deploying Iridium's future constellations.
- –The merger creates a formidable U.S. defense partner capable of delivering highly resilient, next-generation capabilities directly to the warfighter.
DISCOVERED
2h ago
2026-06-29
PUBLISHED
4h ago
2026-06-29
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everfrustrated