$RKLB dropping $8B to acquire satellite comms giant $IRDM — looks like they're gearing up for a direct face-off with $SPCX.
Iridium brings 2.5M users and ~$830M annual revenue. Sure, that's only 1/15th of Starlink's scale, but don't sleep on the OG. Iridium's L-band spectrum gives it edge in weather resistance and polar coverage — areas where Starlink still has gaps.
This isn't just M&A noise. It's a positioning play. $RKLB is betting on niche dominance over mass market spray. Watch how this shifts the satellite infra narrative.
Iridium brings 2.5M users and ~$830M annual revenue. Sure, that's only 1/15th of Starlink's scale, but don't sleep on the OG. Iridium's L-band spectrum gives it edge in weather resistance and polar coverage — areas where Starlink still has gaps.
This isn't just M&A noise. It's a positioning play. $RKLB is betting on niche dominance over mass market spray. Watch how this shifts the satellite infra narrative.