Rocket Lab to acquire Iridium for USD 54 per share in cash-and-stock deal valued at USD 8 billion

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  • Rocket Lab agreed to buy Iridium for USD 54 per share in cash and stock, valuing the deal at about USD 8 billion.
  • Iridium holders would get USD 27 in cash plus Rocket Lab shares set by an exchange ratio with a collar from USD 67.5 to USD 112.5.
  • The combination adds Iridium’s LEO network and L-band spectrum, giving Rocket Lab a foothold in satellite services such as IoT and direct-to-device.
  • Iridium reported 2025 revenue of USD 871.7 million, OEBITDA of USD 495 million, and a 57% OEBITDA margin.
  • Closing is targeted for mid-2027; Rocket Lab secured USD 3.6 billion in bridge-loan commitments to help fund the cash portion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rocket Lab Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606290700PRIMZONEFULLFEED9753911) on June 29, 2026, and is solely responsible for the information contained therein.

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