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Rocket Lab is buying Iridium’s satellite network for $8 billion to take on SpaceX

Emma Roth· ·3 min read · 0 reactions · 0 comments · 32 views
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Rocket Lab is buying Iridium’s satellite network for $8 billion to take on SpaceX
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Image: RocketLabEmma RothCloseEmma RothPosts from this author will be added to your daily email digest and your homepage feed.FollowFollowSee All by Emma Roth is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO.Rocket Lab, the space company best known for its small satellite launcher Electron, has announced plans to acquire Iridium Communications for $8 billion. Its users tap into Iridium’s constellation of 66 low-Earth orbit satellites and L-band spectrum to maintain contact with people on ships, aircraft, and in other remote locations.

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The Verge · Emma Roth
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ScienceCloseSciencePosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All ScienceBusinessCloseBusinessPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All BusinessNewsCloseNewsPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All NewsRocket Lab is buying Iridium’s satellite network for $8 billion to take on SpaceXIridium’s constellation of 66 satellites provides communications for 2.5 million subscribers.Iridium’s constellation of 66 satellites provides communications for 2.5 million subscribers.by Emma RothCloseEmma RothNews WriterPosts from this author will be added to your daily email digest and your homepage feed.FollowFollowSee…

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