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Rocket Lab announces acquisition of satellite operator Iridium to expand orbital services

Rocket Lab targets SpaceX's dominance by acquiring Iridium, transitioning from a pure-play launch provider to a vertically integrated satellite operator.

#StartupsEntrepreneurship#RocketLab#Iridium

Jul 1, 20261m readAI

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Rocket Lab announces acquisition of satellite company Iridium in $8 billion all-stock deal

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Rocket Lab is acquiring satellite operator Iridium for $8 billion in stock, aiming to compete with major space firms by controlling both launch services and a massive orbital constellation.

#SpaceTech#RocketLab#SatelliteCommunications

Jul 1, 20261m readAI

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