Latest Developments

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Long Beach, Calif., June 29, 2026

Rocket Lab Corporation (Nasdaq: RKLB), a provider of launch and space systems and Iridium Communications Inc. (Nasdaq: IRDM), a provider of global voice, data, and positioning, navigation, and timing (PNT) satellite services, today announced they have entered into a definitive agreement under which Rocket Lab will acquire Iridium. Rocket Lab will acquire all the outstanding shares of Iridium common stock for US$ 54 per share in a cash and stock transaction. This represents an enterprise value for Iridium of approximately US$ 8 billion.

Executive Moves

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Elche, Spain, June '22, 2026

PLD Space, a space transportation company, announced the appointment of Hilario Albarracín, former Chairman and CEO of KPMG in Spain, as a new independent director.

Sofia, Bulgaria, June 17, 2026

EnduroSat, a space infrastructure builder, today announced the appointment of Brandon Tripp as Chief Commercial Officer. In this role, he will lead the scaling of EnduroSat's commercial operations and accelerate global growth.

Market Trends

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Paris, June 23, 2026

Novaspace’s latest In-Flight Connectivity report points to sustained, long-term growth in the In-Flight Connectivity (IFC) market, with connected aircraft numbers to exceed 70,000 by 2035. Simultaneously, IFC penetration is expected to rise from 48% to 72% in commercial aviation and from 67% to 88% in business aviation. 

Bali, Indonesia, June 16, 2026

Consumers using pirate streaming services across Asia-Pacific are exposing themselves to serious cybersecurity, privacy and financial risks, according to a new study released today by the Coalition Against Piracy (CAP), an initiative of the Asia Video Industry Association (AVIA).

Products and Services

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Doha, Qatar, June 30, 2026

Doha, Qatar, June 30, 2026--Es’hailSat, the Qatar Satellite Company, today announced the signing of a contract with Thales Alenia Space for the design and manufacturing of its next generation high-throughput satellite, Es’hail-3/Türksat-Biruni. To be positioned at the 50°East orbital slot, Es’hail-3/Türksat-Biruni marks a major milestone in Es’hailSat’s growth journey and represents the most significant investment in the company’s expansion strategy to date.

 

Pfäffikon, Switzerland, June 23, 2026

iKO Media Group (iKOMG) and Truth+, a division of Trump Media and Technology Group, today announced a strategic partnership aimed at expanding the reach of faith-based and Christian television channels through the fast growing Truth+ streaming platform, creating new opportunities for content owners while bringing a broader range of inspirational programming to audiences worldwide.