Rocket Lab Aktie News

Rocket Lab acquires Iridium, aiming for vertical integration and entry into the satellite communications application layer. A pivotal move to hedge against existential risk. RKLB gains access to Iridium's L-band spectrum, positioning itself to compete more effectively in a rapidly evolving market. It opens up the application game. Despite IRDM's modest growth, the acquisition is seen as existen...

Wall Street likes Rocket Lab's decision to buy Iridium Communications.

Rocket Lab (RKLB) acquires Iridium in an $8B deal, completing a three-pillar strategy: launch services, space systems, and space-based connectivity. This transformative acquisition brings 2.5M subscribers, global L-band spectrum, and 66 LEO satellites, enabling integrated constellation deployment and recurring revenues. RKLB's valuation profile improves with Iridium's $883M-$916M annual sales a...

ViaSat stock rocketed higher after the announcement Rocket Lab would buy Iridium. There could be further gains in store.

SpaceX bulls are back betting on huge, fast gains as Rocket Lab surges

Rocket Lab is buying Iridium Communications in an $8 billion cash-and-stock deal – equipping the rocket maker with a global satellite network and wireless spectrum that could help it compete with Elon Musk's SpaceX.

Rocket Lab USA Inc (NASDAQ:RKLB) announced that it has agreed to acquire Iridium Communications in a cash-and-stock transaction valued at approximately $8 billion in a deal that would combine a leading launch and spacecraft manufacturer with an established global satellite communications operator. Under the terms of the agreement, Iridium shareholders will receive $27 in cash and a portion of R...

Rocket Lab (RKLB) shares surged in trading on Monday after the company announced an $8 billion cash-and-stock acquisition of satellite communications provider Iridium Communications (IRDM), one of the biggest consolidation moves in the commercial space industry. Rocket Lab stock climbed 12% at the time of writing, while Iridium shares jumped about 21%.