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Rocket Lab acquires Iridium for $8 billion to challenge SpaceX's Starlink
Rocket Lab has announced it is acquiring satellite operator Iridium for $8 billion, describing the deal as a "shortcut" to expanding its capabilities. The acquisition positions Rocket Lab as a direct competitor to SpaceX's Starlink satellite internet constellation. Iridium operates a global network of low-Earth orbit communications satellites.
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