Rocket Lab inked a definitive agreement to acquire Iridium Communications in an approximately $8 billion cash-and-stock transaction that it said would unite the company with one of the industry’s most established satellite communications networks. Unanimously approved by both companies’ boards of directors, the acquisition is expected to close in mid-2027, pending Iridium stockholder approval and regulatory clearance.
The combined entity would span launch services, spacecraft manufacturing, spectrum holdings, and on-orbit communications operations. Iridium brings to the transaction a low-earth-orbit satellite constellation, globally coordinated L-band spectrum, and a subscriber base exceeding 2.55 million users across government, defense, aviation, maritime, and commercial sectors. The company reported $871.7 million in revenue and $495 million in operational EBITDA in 2025, representing a 57% EBITDA margin.
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