ViaSat stock rockets higher after the announcement Rocket Lab would buy Iridium. There could be further gains in store.
Rocket Lab, a Long Beach launch company, is acquiring satellite communications provider Iridium for $8 billion in cash and ...
"Vertical integration is at the heart of this combination – the ability to build, launch, and operate our own spacecraft quickly and cost-effectively," a Rocket Lab spokesperson told Breaking Defense.
Rocket Lab's strategy appears similar to SpaceX and its Starlink satellite business.
Rocket Lab Corporation (RKLB) has been trading sideways to lower after a run into year's end. The chart below showcases the stock on the six-month chart. RKLB stock had a breakout moment in ...