Capital market and investment company Clear Street has issued its clients with a report on how it sees Rocket Lab’s acquistion of satellite operator Iridium, describing the transaction as a “watershed” moment for Rocket Lab. “[The deal] effectively transforming the firm into a true vertically integrated space operator. By combining its industry- leading launch and […]
Rocket Lab, a specialist in launch and space systems and Iridium Communications, a provider of global voice, data, and positioning, navigation, and timing (PNT) satellite services, have entered into a definitive agreement under which Rocket Lab will acquire Iridium. Rocket Lab will acquire all the outstanding shares of Iridium common stock for $54 per share […]
The spectrum regulator in Liechtenstein has granted key high-priority Ka-band radio frequencies to UK-based Open Cosmos. It means that Rivada Space Networks is denied avccess to the spectrum. Hubert Büchel, Minister of Home Affairs, Economy and Sport of Liechtenstein, commented: “This decision underscores Liechtenstein’s commitment to making use of the frequencies allocated to us. We […]
Rocket launch observer and acknowledged expert Eric Berger has compiled his annual Power Ranking of the US rocket companies for 2025, and listed in the ArsTechnica specialist publication. Berger has compiled the list since 2022 with the aim of “[sparking] debate, discussion, and appreciation for the challenge of operating a successful rocket company.” Top of […]
New Zealand-originated RockletLab, founded by Sir Peter Beck, has secured a contract from the US Space Development Agency worth $816 million (€695.5m). This is the largest single contract RocketLab has ever received. RocketLab is quoted on the Nasdaq exchange and has its formal headquarters in Long Beach, California. The order covers the supply of 18 […]
Rocket Lab, the launch company founded by Sir Peter Beck and based mainly in New Zealand, has filed to raise $750 million (€636m) of fresh cash in the form of Common Stock. The move will dilute shareholder value by a modest 3 per cent but take the rocket-builder’s cash at hand to some $1.5 billion. […]
Munich-based Mynaric, which makes satellite laser terminal links, has exited the German version of Chapter 11 (StaRUG). Back in March, Sir Peter Beck’s Rocket Lab announced plans to acquire Mynaric but there’s now a new owner in place. The new owner is JVH-Holding, which had been Mynaric’s main creditor but agreed to waive $105 million […]
Investment bank Cantor Fitzgerald, in a report on New Zealand and Long Beach-based Rocket Lab, has raised its price target from $29 to $35. Cantor Fitzgerald analyst Andres Sheppard raised the firm’s price target on the NASDAQ index and keeps an Overweight rating on the shares after hosting meetings with management. The firm sees Rocket […]
New Zealand-based (but Nasdaq-listed) Rocket Lab has confirmed that it intends attacking the Direct-to-Consumer market currently dominated by Elon Musk’s SpaceX and its Starlink broadband system. Rocket Lab, founded by Sir Peter Beck, has recently unveiled its ‘Flatellite’ satellite, which it claims will deliver a long life in orbit and low-latency, with high-speed connectivity and […]
There’s no doubt that Elon Musk’s Starlink broadband-by-satellite system currently dominates Direct-To-Consumer (D2C) transmissions. Starlink is also enjoying success in serving Cruise ships and airlines with high-speed connectivity. There’s currently a battle for a would be/could be 2nd Place position between Jeff Bezos and Amazon’s Project Kuiper and AST SpaceMobile. Kuiper has yet to make […]