Rocket Lab to buy satellite communications firm Iridium

🇺🇸 Breaking Defense (US) —
Rocket Lab to buy satellite communications firm Iridium

AI Summary

Rocket Lab announced plans to acquire the satellite communications firm Iridium to enhance vertical integration capabilities. This consolidation aims to enable faster spacecraft build, launch, and operations cost-effectively.

“Vertical integration is at the heart of this combination – the ability to build, launch, and operate our own spacecraft quickly and cost-effectively,” a Rocket Lab spokesperson told Breaking Defense.

Security Markets Deals AI & Tech Rocket Lab Iridium satellite communications acquisition spacecraft vertical integration

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