
Rocket Lab to Buy Iridium in New Deal, Forming Vertically Integrated Space Company
Nasdaq-listed launch and space systems company Rocket Lab Corporation and global satellite network operator Iridium Communications have signed a definitive agreement for Rocket Lab to acquire Iridium, valuing Iridium shares at $54 a piece through a combination of cash and stock and putting its enterprise value at roughly $8 billion. The combination creates a single,…
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