Rocket Lab to Acquire Global Satellite Service Iridium Maritime Activity Reports, Inc. June 29, 2026 © Rocket Lab Corporation/Iridium Communications Inc. Rocket Lab Corporation, a global leader in launch and space systems and Iridium Communications Inc., a provider of global voice, data, and positioning, navigation, and timing (PNT) satellite services, announced they have entered into a definitive agreement under which Rocket Lab will acquire Iridium. Rocket Lab will acquire all the outstanding shares of Iridium common stock for $54 per share in a cash and stock transaction. This represents an enterprise value for Iridium of approximately $8.0 billion. The acquisition merges Rocket Lab's launch capabilities and satellite manufacturing with Iridium's global satellite communications network, spectrum, and 500-plus strong partner ecosystem. The transaction will give Rocket Lab an immediate foothold in space-based applications, including both proprietary and standards-based satellite Internet of Things (IoT) and direct-to-device (D2D), PNT, and critical safety-of-life services, creating a formidable challenger in the global telecom market. Rather than simply continuing the Iridium network, Rocket Lab will build upon it to scale into untapped markets and pioneer new space-based services to the benefit of global customers. Strengthens Rocket Lab’s Strategic Vertical Integration:  Creates an end-to-end space company spanning launch, spacecraft, spectrum, and on-orbit communications services through a proprietary network. Expected to eliminate third-party launch costs for constellation deployment and replenishment and captures launch margin internally while guaranteeing orbital access as launch capacity tightens, ensuring continuity of service to customers. Unlocks Entry to Space Applications Market:  Provides Rocket Lab with   immediate access to a proven constellation of LEO satellites and an established global communications customer base, realizing t