Rocket Lab to Buy Iridium in $8 Billion Deal
The launch provider said it was partly after Iridium’s valuable L-band spectrum
WASHINGTON, June 29, 2026 – Rocket Lab reached a deal to acquire satellite operator Iridium in a deal that values the company at $8 billion, the companies announced Monday.
While Rocket Lab was partly after Iridium’s exclusive satellite spectrum, analysts said the launch provider might use the airwaves to lean into Iridium’s existing service offerings rather than compete with SpaceX on direct-to-device.
