Los Angeles
Monday, 6/29, 01:48 PM
Long Beach's Rocket Lab to Buy Iridium for $8 Billion in Landmark Space Deal
- Rocket Lab, the Long Beach company that made its name launching small satellites, agreed Monday to acquire the satellite-communications operator Iridium for about $8 billion — a deal that would turn the Southern California firm into one of the few companies that can build, launch and operate its own satellite network.