Iridium

“The $8B Iridium deal is framed not as a bet on satellite communications broadly, but as a capture of L-band spectrum — a physically irreplaceable asset that Starlink and Kuiper cannot replicate.”

“In that L-band spectrum, penetrating through rain and weather & buildings, you can just do stuff. It's physics. You can just do stuff that the more broadband spectrum can't do.”

“Rocket Lab is paying $8 billion for satellite operator Iridium as the launch company keeps rolling up space assets and pushes deeper into satellite services, spectrum, defense, and communications.”