7 outlets·7 reports·over 4h
Rocket Lab buys satellite company Iridium to go up against Starlink and Amazon's Leo
ThinkingNews Desk · how this was written
Rocket Lab has announced the acquisition of Iridium Communications for $8 billion. The deal will merge Rocket Lab’s launch services with Iridium’s satellite-based communications network, positioning the company to compete with SpaceX’s Starlink. The transaction marks a significant expansion of Rocket Lab’s presence in the satellite market.
Written from all 7 reports below, not from any single one.
How it was reported
- Engadget·Rocket Lab buys satellite company Iridium to go up against Starlink and Amazon's Leo
- The Next Web·Rocket Lab buys Iridium for $8bn in a bet to become a smaller Starlink
- The Verge·Rocket Lab is buying Iridium’s satellite network for $8 billion to take on SpaceX
- Hacker News·RocketLab Acquires Iridium
- TechMeme·Rocket Lab plans to acquire Iridium for $8B and combine Rocket Lab's launch services with Iridium's satellite-based communications network to rival SpaceX (Emma Roth/The Verge)
- TechCrunch·Rocket Lab continues buying spree by acquiring satellite company Iridium
- Ars Technica·In a bold move, Rocket Lab acquires Iridium Communications
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