Real-time funding, M&A, exec moves & hiring — the signals that move deals
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Acquiring Company
Rocket Lab
Acquired Company
Iridium Communications
Description
Rocket Lab has announced a definitive agreement to acquire Iridium Communications in a cash-and-stock deal valued at approximately $8 billion. The acquisition will provide Rocket Lab with a profitable satellite communications network, enhancing its service offerings. Both companies' boards have unanimously approved the transaction, which is expected to close in mid-2027 pending shareholder and regulatory approvals. Iridium has over 2.55 million subscribers and generated $872M in revenue.