Rocket Lab stock advances after the company announces a deal to buy Iridium Communications.
Wall Street likes Rocket Lab’s decision to buy Iridium Communications.
A blockbuster deal positions the company to compete more directly with SpaceX.
Iridium shareholders will receive $27 in cash as well as Rocket Lab shares, with a combined value of $54 per Iridium share.
Rocket Lab announced on Monday that it is acquiring the satellite communications company Iridium. The deal, made for cash and ...
Rocket Lab, a Long Beach launch company, is acquiring satellite communications provider Iridium for $8 billion in cash and ...
The commercial space industry is entering a new phase. Simply reaching orbit is no longer enough to build a durable business.
Rocket Lab is acquiring satellite telecommunications company Iridium for $8 billion as part of its effort to become an end-to ...
Rocket Lab said Monday that it has entered into a definitive agreement that will see Iridium shareholders receive $27 in cash and a number of Rocket Lab shares for each share held ...
Rocket Lab's strategy appears similar to SpaceX and its Starlink satellite business.
Rocket Lab Corporation (RKLB) has been trading sideways to lower after a run into year's end. The chart below showcases the stock on the six-month chart. RKLB stock had a breakout moment in ...
It's probably to be expected from a stock named Rocket Lab (NASDAQ: RKLB), but this company just keeps going up and up. Following up on yesterday's earnings beat, Rocket Lab announced the signing of ...
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