RocketLab gains spectrum + profitable satellite company
The spectrum is the big thing. If they wanted a revenue stream they could just buy bonds.
Rocketlab acquires Iridium
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Re: Rocketlab acquires Iridium
#22Crazy. I didn't know you could acquire things worth 20x more than you.
That's this thing called credit.
People do this all the time, that's how they buy their first house (or at least used to...). Your net worth is basically zero beyond what you saved for the down payment, but the bank advances you the money to buy the house because it believes your future income streams will allow you to pay the principal plus an interest.
Re: Rocketlab acquires Iridium
#23What does Tesla have to do with Starlink or launch services?
Re: Rocketlab acquires Iridium
#24What does Tesla have to do with Starlink or launch services?
Derp; I meant SpaceX.
Re: Rocketlab acquires Iridium
#25RocketLab gains spectrum + profitable satellite company
A profitable satellite company with a lot of debt and satellites that target the previous model of bespoke terminals when the market is moving to satellite service on regular phones.
Re: Rocketlab acquires Iridium
#26RocketLab gains spectrum + profitable satellite company
And access to a customer base. A lot easier to sell them new services if they already have a big contract with you
Re: Rocketlab acquires Iridium
#27Re: Rocketlab acquires Iridium
#28Re: Rocketlab acquires Iridium
#29Re: Rocketlab acquires Iridium
#30“Rocket Lab” not “RocketLab”. Although I think the latter is better.