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Rocket Lab Acquires Iridium for Space Dominance | Spokane News
Rocket Lab just dropped a blockbuster eight-billion-dollar deal to acquire Iridium, positioning itself as a serious challenger to SpaceX and Amazon in the booming satellite communications race. With Iridium’s 66-satellite network powering remote voice and data services—and crucial for future satellite phones—the move gives Rocket Lab full control from design to launch. CEO Peter Beck sees it as a strategic leap toward vertical integration, letting them offer end-to-end space services. The market’s already cheering: Iridium’s stock jumped 25%, Rocket Lab’s 16%. Financed via Deutsche Bank and…
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