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Latest / Impact Vector: Technology

South Korea bets $880bn to win the AI era — 2026-06-29

## Short Segments Rocket Lab's $8 billion acquisition of Iridium marks a strategic shift from selling space components to owning a satellite network. This move positions Rocket Lab to compete with giants like Starlink and Amazon's Leo, aiming to provide global connectivity through Iridium's low-Earth orbit communications network. The acquisition, announced on June 29, involves a cash-and-stock deal valuing Iridium at $54 per share. This consolidation in the space industry reflects Rocket Lab's ambition to become a comprehensive space services provider, leveraging Iridium's L-band spectrum and…

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