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Rocket Lab proposes acquisition of Iridium Communications
Acquiring Company
Rocket Lab
Acquired Company
Iridium Communications
Description
Rocket Lab is set to acquire Iridium Communications, pending shareholder approval. The acquisition aims to enhance Rocket Lab's capabilities in satellite communications by leveraging Iridium's L-band spectrum. The deal is expected to close in mid-2027, following a vote by Iridium shareholders. Rocket Lab has secured financing for the acquisition through a recent share sale.
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Based on deal dataFrequently asked
Who acquired Iridium Communications?
Iridium Communications was acquired by Rocket Lab, based in Detroit. The deal was reported on September 23, 2026. Founded in 2006, Rocket Lab is an end-to-end space company with an established track record of mission success. Rocket Lab is publicly traded (RKLB) and operates in Manufacturing.
When did Rocket Lab acquire Iridium Communications?
Rocket Lab's acquisition of Iridium Communications was reported on September 23, 2026. Rocket Lab is set to acquire Iridium Communications, pending shareholder approval. The acquisition aims to enhance Rocket Lab's capabilities in satellite communications by leveraging Iridium's L-band spectrum. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Iridium Communications do?
Iridium® is the only mobile voice and data satellite communications network that spans the entire globe. Iridium enables connections between people, organizations and assets to and from anywhere, in real time. It is publicly traded (IRDM), operating in Hardware, and is based in Mclean.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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