Iridium Stockholders Approve Acquisition by Rocket Lab

Key Facts

Iridium stockholders have officially approved the proposed acquisition by Rocket Lab. GlobeNewswire reported that the vote marks a significant milestone toward the completion of the merger between the two aerospace entities, serving as a required regulatory and corporate step to finalize the agreement.

The approval represents a critical move in the transaction timeline to combine the companies' operations. While specific price levels for the instruments were unavailable on September 24, 2026, the development is viewed as a positive step in reducing deal uncertainty for both parties.