Acquiring Company
Rocket Lab
Acquired Company
Iridium Communications
Description
Rocket Lab is in the process of acquiring Iridium Communications in a deal valued at $8 billion. Each share of Iridium will convert to $27 in cash and a variable number of Rocket Lab shares based on performance. Regulatory scrutiny from SpaceX has emerged as a challenge affecting the deal's dynamics. The transaction is scheduled for a shareholder vote on September 24.
Don't miss Rocket Lab's next move
Get an email the moment Rocket Lab makes an acquisition, hires an exec, or expands, usually minutes after it happens.
One email per event. Unsubscribe anytime.
Related People
M&A Insights
Based on deal dataFrequently asked
Who acquired Iridium Communications?
Iridium Communications was acquired by Rocket Lab, based in Long Beach. The deal was reported on August 28, 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 August 28, 2026. Rocket Lab is in the process of acquiring Iridium Communications in a deal valued at $8 billion. Each share of Iridium will convert to $27 in cash and a variable number of Rocket Lab shares based on performance. 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.
145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.