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Rocket Lab Eyes Iridium Acquisition | Auckland News
Rocket Lab is set to buy out Iridium, gaining control of its global satellite network, spectrum rights, and 2.5 million subscribers — transforming the company from a launch specialist into a full-fledged satellite communications provider. This historic deal, backed by $3.6 billion in financing, marks a strategic leap into high-value markets like IoT, defense, and direct-to-device connectivity, while boosting Rocket Lab’s revenue beyond hardware and launches. Investors are already cheering, with the stock surging after the announcement. Listen in comfort:Get a discount on a Soli Pillow…
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