Pull to refresh
Logo
Daily Brief
Following Why Ranks Sign Up
MD

Matt Desch

Chief executive, Iridium Communications

Appears in 1 story

Notable Quotes

Desch said joining Rocket Lab would let Iridium speed up its next generation of products for IoT, aviation, maritime, navigation, and national security customers.

Stories

Rocket Lab agrees to acquire satellite operator Iridium

Money Moves

Backing the sale to Rocket Lab

Iridium nearly vanished. In 2000, investors bought its satellite network out of bankruptcy for about $25 million. On June 29, 2026, Rocket Lab agreed to buy the same company for roughly $8 billion.

Updated 2 hours ago