Rocket Lab has made another bold move by acquiring satellite operator Iridium, aiming to expand its services and tap into untapped markets. This acquisition follows a string of deals this year, including buying Motiv in May and Mynaric in April.

With the addition of Iridium’s valuable spectrum and dozens of satellites, Rocket Lab sees huge potential for scaling into new space-based services, benefiting global customers. The deal is valued at $8 billion, making it one of this year's significant moves in the space industry.

This consolidation wave isn't just about Rocket Lab; tech giants like Amazon have also made major acquisitions recently. In 2026, Amazon bought satellite company Globalstar for a whopping $11.6 billion to compete with SpaceX’s Starlink. These mergers hint at a future where space services are increasingly integrated into our daily lives.

As these companies grow and innovate, the sky really is the new frontier for business. Whether it's internet connectivity or defence contracting, the opportunities in space are vast and expanding.