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Deutsche Bank and Wells Fargo have committed a $3.6 billion bridge loan for the cash part Deal gives Rocket Lab Iridium's licensed spectrum and 2.5 million subscribers CEO Peter Beck said buying ...

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Rocket Lab said on Monday it would acquire satellite communications provider Iridium Communications in a cash-and-stock deal valued at about $8 billion, marking one of the biggest consolidation moves ...

This is read by an automated voice. Please report any issues or inconsistencies here. See more from the L.A. Times in Google Search. Set us as preferred Rocket Lab took a big step Monday to better ...

Rocket Lab said Monday it plans to acquire Iridium Communications, positioning the expanding company as a head-on rival to SpaceX and its Starlink satellite-communications business. The “historic” ...

Iridium’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. is a news ...

Rocket Lab's $8 billion Iridium acquisition lifted RKLB 12% and helped push ASTS and PL up 10%, recovering part of a ~45% prior-month selloff. Iridium brings $872M in revenue, $495M in EBITDA, and ...

A render of Iridium’s 66-satellite low Earth orbit constellation, which provides positioning, navigation and timing (PNT) coverage in addition to global connectivity. Credit: Iridium WASHINGTON — ...

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