Iridium Communications completed its acquisition of Aireon, enhancing its satellite-based air traffic surveillance capabilities. Rocket Lab's acquisition of Iridium was approved by 99.6% of shareholders, with the deal expected to close by mid-2027 pending regulatory approvals. Iridium reported Q3 2026 revenue of $245.7 million, up 8% year-over-year, driven by Aireon integration and growth in commercial IoT subscribers. The combined entity aims to accelerate innovation and growth in space-based communications and surveillance.
Rocket Lab USA Inc (RKLB) trades at USD 50.15 on Pluang as of Oct 20, 2026 18:11 WIB. The stock is down 2.36% for the day with a market cap of $32.84 billion. Despite the recent acquisition news, investors on Pluang show strong buying interest with 86% of orders as buys.
