Rocket Lab is buying Iridium’s satellite network for $8 billion to take on SpaceX
Rocket Lab, the space company best known for its small satellite launcher Electron, has announced plans to acquire Iridium Communications for $8 billion. The deal will combine Rocket Lab's launch services and spacecraft manufacturing with Iridium's satellite-based communications network, putting it in a better position to challenge SpaceX. Iridium offers communications services to over 2.5 […]
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ScienceCloseSciencePosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All ScienceBusinessCloseBusinessPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All BusinessNewsCloseNewsPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All NewsRocket Lab is buying Iridium’s satellite network for $8 billion to take on SpaceXIridium’s constellation of 66 satellites provides communications for 2.5 million subscribers.Iridium’s constellation of 66 satellites provides communications for 2.5 million subscribers.by Emma RothCloseEmma RothNews WriterPosts from this author will be added to your daily email digest and your homepage feed.FollowFollowSee…
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