Rocket Lab to acquire Iridium

Rocket Lab is acquiring Iridium Communications for eight billion dollars, according to SpaceNews. Iridium operates the only truly global satellite network. The deal marks a significant vertical integration play for Rocket Lab, expanding the launch company into satellite telecommunications. It's part of the company's strategy to become an end-to-end space operator—controlling both the rockets that reach orbit and the networks satellites use to communicate.

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