Satellite Communications

McLean, Va. – September 24, 2026 -- Iridium Communications Inc. (Nasdaq: IRDM) stockholders have formally approved the company's acquisition by Rocket Lab Corporation (Nasdaq: RKLB), clearing a critical hurdle for a deal valued at $54.00 per share on a notional basis.

Shareholders back the deal with overwhelming margin

At a special meeting, approximately 99.6% of votes cast supported the merger agreement, representing roughly 81.0% of Iridium's total outstanding common stock entitled to vote. Full voting results will be disclosed in a Form 8-K filing with the U.S. Securities and Exchange Commission.

Deal terms combine cash and stock in collared exchange

Under the agreement, Iridium stockholders will receive $27.00 in cash plus Rocket Lab shares calculated under an exchange ratio subject to a collar, for each share of Iridium common stock held at closing. The combined consideration carries a notional value of $54.00 per Iridium share.

Victor, N.Y. – September 22, 2026 -- Lite Coms has been selected by Boeing Defence Australia to supply tactical satellite communications terminals for the LAND 4140 Beyond Line-of-Sight (BLOS) SATCOM program, part of the Australian Defence Force's LAND C4 Modernization effort.

Lite Coms will deliver its LITE SAT 1.3A terminals for the ADF's beyond line-of-sight network

The LITE SAT 1.3A is a lightweight, rugged, auto-acquire satellite terminal built with a carbon fiber reflector and designed for tool-free deployment. The system is engineered to establish secure, resilient satellite links for military and government operations in austere environments.