Rocket Lab-Iridium Deal Advances Aerospace Consolidation

Iridium shareholders approved Rocket Lab's reported $8B acquisition, alongside $1.94B of equity financing and cancellation of a $3.6B bridge loan. Rocket Lab's more than $2B in reported government awards and broader record space-tech investment strengthen the strategic case for vertically integrated launch, satellite manufacturing and communications, while regulatory clearance and a targeted mid-2027 closing remain outstanding.