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TechRadar
Efosa Udinmwen

Rocket Lab buys Iridium in an $8 billion deal to build the most formidable rival to Musk's SpaceX — will it change the Ukraine war?

Rocket Lab and Iridium deal.
  • Rocket Lab gains rocket satellite spectrum and communications under one corporate roof
  • Iridium brings 2.55 million subscribers and global satellite coverage capabilities
  • Starlink may finally face competition across military satellite communications markets

Rocket Lab has agreed to acquire Iridium in a transaction worth approximately $8 billion, creating one of the largest vertically integrated space companies in America.

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