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Rocket Lab continues buying spree by acquiring satellite company Iridium

Rocket Lab has acquired satellite operator Iridium in an all-stock deal valuing the target at $8 billion, significantly expanding its capabilities to compete with industry giants like Amazon and SpaceX. This strategic move marks a major escalation in Rocket Lab's growth trajectory through aggressive acquisitions. The deal aims to consolidate Rocket Lab's position in the broader space infrastructure market.

Background

Rocket Lab has been actively expanding its portfolio through recent acquisitions to build end-to-end space services. The space sector is increasingly dominated by large-cap players like SpaceX and Amazon's Project Kuiper.

Source
TechCrunch
Published
Jun 29, 2026 at 11:02 PM
Score
9.0 / 10