AI & Tech
Rocket Lab Acquires Iridium Creating Vertically Integrated Space Communications Giant
Peter Diamandis
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"Rocket Lab is acquiring Iridium, creating yet another fully integrated space powerhouse. They have their Electron launcher. It's launched 91 times. What makes Iridium interesting is it's got 10.5 MHz of bandwidth at L-band that's globally coordinated."
Launch provider Rocket Lab acquired satellite operator Iridium in an all-stock deal, securing globally coordinated spectrum rights and creating end-to-end space capabilities. Rocket Lab operates the Electron launcher with 91 successful flights and is developing the larger Neutron vehicle. The acquisition gives Rocket Lab control of Iridium's 66-satellite constellation and valuable L-band spectrum rights coordinated through the ITU across all countries.
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Peter Diamandis