Space launch provider Rocket Lab to buy satellite operator Iridium for $8B
Rocket Lab Corp.
today announced plans to acquire Iridium Communications Inc., a major satellite operator, for $8 billion in cash and stock.
The companies expect to complete the transaction in mid-2027.
Referenced Coverage & Sources
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Agentic AI
Agentic AI refers to artificial intelligence systems designed to act autonomously, make decisions, plan workflows, and execute tasks without constant human intervention. Unlike traditional models that only respond to queries, agentic systems use an agentic loop to perceive environments, reason over goals, use tools, and iterate to achieve outcomes.
Series A
Series A funding is the first major round of institutional equity financing, aimed at startups that have demonstrated product-market fit and are ready to scale.
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