$IRDM

Rocket Lab (RKLB) shares rose 6% after the FCC accepted its license-transfer applications for acquiring Iridium Communications (IRDM), opening a public-comment period. Iridium's stock barely moved, up 0.2%. The ARK Space Exploration & Innovation ETF (ARKX) gained 2%, outpacing the S&P 500 ETF (SPY). SpaceX has asked the FCC to examine Iridium's conduct toward rival satellite operators.

Last Timothy James (EVP, Sales & Marketing) sold 5,769 shares of Iridium Communications Inc. (IRDM) at $46.35 ($0.27M total) on 2026-09-15.

Rocket Lab (RKLB) completed financing for its Iridium acquisition, raising $1.944B via a share offering. It also launched its 16th Electron mission this year. Analyst Brian Gesuale initiated coverage with an Outperform rating and $80 price target. The Iridium deal is expected to close in mid-2027, pending approvals. RKLB shares were trading at $63.76, up 0.33%.

ARK ETFs bought 9,070 shares of Guardant Health (GH) for $1.52M and 9,037 shares of AeroVironment (AVAV) for $1.39M. They sold 25,964 shares of Iridium (IRDM) for $1.2M, 313 shares of Teledyne (TDY) for $186,895, and 294 shares of Alphabet (GOOGL) for $102,720. These moves align with ARK's strategy of portfolio recalibration.

Iridium Communications (IRDM) officer Timothy J. Last sold 19,521 shares and filed a Rule 144 notice to sell more restricted stock. He also sold 2,013 shares on September 3, 2026, and 19,521 shares on August 17, 2026, with proceeds of $95,341.72 and $982,753.51, respectively. The planned sales include multiple blocks of restricted stock.

Rocket Lab (RKLB) completed a $1.944B ATM equity offering to fully fund its acquisition of Iridium Communications, expected to close in mid-2027. Iridium amended its $1.775B credit facility to allow the acquisition, with Rocket Lab USA providing a guarantee. The company also terminated a $3.6B bridge facility.

Iridium Communications Inc. (IRDM) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01 Entry into a Material Definitive Agreement. Amendment No. 4 to Amended and Restated Credit Agreement As previously disclosed in its Current Report on Form 8-K filed with the Securities and Exchange Commission on June 29, 2026, Iridium Communications Inc. (the “Company)

Iridium Communications, Deutsche Telekom IoT, and Toyota successfully transmitted a voice message via Iridium NTN Direct, demonstrating global connectivity for IoT applications. The test used a Toyota vehicle with Deutsche Telekom IoT SIM and Iridium's satellite network, supported by Fraunhofer's AI-based codec. The companies aim to offer commercial availability in Q4 2026, extending connectivity beyond terrestrial networks.

Rocket Lab (RKLB) is preparing for a shareholder vote on its acquisition of Iridium on September 24. The stock has fallen over 20% from August peaks, despite a $2.36B backlog and defense partnerships. Analysts have set price targets up to $135, highlighting growth potential and execution risks.

Rocket Lab (RKLB) shares rose 17% after Craig-Hallum noted its $8B Iridium (IRDM) acquisition is not aimed at competing with SpaceX's Starlink. Iridium's L-band spectrum offers stable signals for niche markets. Craig-Hallum raised RKLB's price target to $120, citing transformational benefits. IRDM shares gained 25%. Both companies announced the cash-and-stock deal, combining launch, satellite, and communication capabilities.