---
title: "Rocket Lab continues buying spree by acquiring satellite company Iridium"
url: https://daily.dev/posts/rocket-lab-continues-buying-spree-by-acquiring-satellite-company-iridium-bhuxjq5vw
source_url: https://techcrunch.com/2026/06/29/rocket-lab-continues-buying-spree-by-acquiring-satellite-company-iridium
type: article
source: "TechCrunch"
published: 2026-06-29T15:02:57.131Z
updated: 2026-06-29T15:03:18.126Z
tags: ["business"]
reading_time: 2
upvotes: 0
comments: 0
language: en
---

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# Rocket Lab continues buying spree by acquiring satellite company Iridium

**[TechCrunch](https://daily.dev/sources/tc)** · 2 min read · 0 upvotes · 0 comments

## Summary

Rocket Lab is acquiring satellite operator Iridium in an all-stock deal valuing Iridium at $8 billion ($54 per share). The deal is part of Rocket Lab's broader acquisition spree in 2026, which also includes space robotics firm Motiv, laser communications provider Mynaric, and a precision component manufacturer. Iridium brings an existing satellite constellation and valuable spectrum assets, positioning Rocket Lab to expand into new space-based services and compete more directly with Amazon and SpaceX. The acquisition reflects ongoing consolidation across the space and satellite industry.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/06/29/rocket-lab-continues-buying-spree-by-acquiring-satellite-company-iridium>

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---

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