On June 28, 2026, Iridium Communications Inc. entered into a merger agreement with Rocket Lab Corporation. Iridium shareholders will receive $27.00 in cash and a variable number of Rocket Lab shares based on an exchange ratio ranging from 0.2400 to 0.4000 depending on Rocket Lab's stock price. The transaction is subject to stockholder approval and regulatory clearances, including FCC consent. Iridium operates in the satellite communications industry, providing global voice and data services.
