Rocket Lab to buy satellite communications firm Iridium in $8 billion deal

Rocket Lab is acquiring Iridium Communications, a major satellite communications firm, in an eight-billion-dollar deal, according to Channel NewsAsia. The acquisition pairs Rocket Lab's launch capabilities with Iridium's established global satellite network, creating an integrated space infrastructure company. The deal marks a significant consolidation in the commercial space sector as companies build platforms spanning launch services, satellite operations, and communications.

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