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Rocketlab acquires Iridium

investors.rocketlabcorp.com

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Re: Rocketlab acquires Iridium

#221

Post by NetMageSCW »

Joel_Mckay wrote: post #178
written-beyond wrote: post #122

Earlier quoted context omitted.

I can't believe I bought a few shares of IRDM with a few hundred bucks in my trading account. Primarily because it was a RKLB adjacent company with decent fundamentals whos stock price wasn't scraping the sky. I don't know how to feel about this acquisition though. Never thought IRDM would've been a bad investment.

The market can't be timed (by honest players), as I remember buying into Ubiquiti Networks at around $12/share thinking I might see a 8% bump after the old legal event subsided. Then just sort of forgot about that tax-sheltered holding for a few years. I also don't do the 3 month portfolio shuffle dance 95% of stock investment people try to ride. The heavy cost of putting stuff in space is still not solved, but broad…

F9 has dropped the cost 10x. Starship will drop it another 10x. When will it be solved?

Re: Rocketlab acquires Iridium

#222

Post by NetMageSCW »

moralestapia wrote: post #50
xgbi wrote: post #27

Earlier quoted context omitted.

How is Rocketlab valued 57B? They made $500M of revenue in 2025. This is 100x their entire balance sheet.

Exactly my point. Iridium's revenue is larger, and I wouldn't think they'd be losing money. But apparently you can buy things with promises (if you're in the right club, of course).

How did you buy your house?

Re: Rocketlab acquires Iridium

#224

Post by Scoundreller »

bmacho wrote: post #97
moralestapia wrote: post #50

Earlier quoted context omitted.

Exactly my point. Iridium's revenue is larger, and I wouldn't think they'd be losing money. But apparently you can buy things with promises (if you're in the right club, of course).

> But apparently you can buy things with promises Even better: if you buy things that don't lose their value overtime (mostly anything apart from food, car, electronics, services) and you buy them at price, they're free. You give money for them but you receive equal amount of wealth. I repeat: you buy the thing and your wealth stays the same, doesn't grow or shrink. That's how companies can buy each others with promi…

Hotelling’s Rule: https://en.wikipedia.org/wiki/Hotelling's_rule

Re: Rocketlab acquires Iridium

#225

Post by versteegen »

panick21_ wrote: post #159
jackmott42 wrote: post #119

Earlier quoted context omitted.

Why do people reply with this "it was always american" response? Do you feel like it is necessary to protect RocketLab or something? It was founded by a guy in new zealand with the first launch complex and first launches coming out of new zealand. to characterize that as "always american" is so silly it makes you seem like a non serious person. of course they would have had american resources and connections from the…

Before they ever launched a rocket they were a primarily American company. That literally just a fact. It was created by somebody from New Zealand and a lot of early operations was in New Zealand nobody is denying that.

That is false. They were a purely NZ operation launching sub-orbital rockets before they got into DARPA contracts. What you meant to say is "Before they ever launched Electron", and I'm pretty sure that is false too, they weren't "primarily" American, the majority of the workforce was in NZ until years after that.

Re: Rocketlab acquires Iridium

#226

Post by omcnoe »

lxgr wrote: post #103
ryandvm wrote: post #49

I dunno. I would be surprised if a 30 year old telecommunications network is going to be technically competitive with a SpaceX's LEO network that is still launching satellites as we speak. How much market is there for people that just want low speed connectivity from the middle of nowhere?

> How much market is there for people that just want low speed connectivity from the middle of nowhere? Militaries generally find this capability pretty relevant, among others, and they have deep pockets. They were the ones to bail out Iridium the first time around, after all.

It's competing with Starlink in that market, which is a much stronger product today.

Re: Rocketlab acquires Iridium

#227

Post by h4kunamata »

proee wrote: post #41

We have a bright future full of endless "space-junk". As the price to orbit drops, people will inevitably send up more and more satellites that have questionable value. In 100 years will the sky at night just be a massive grid of dots moving across the sky? Who will create the first advertisement in space using satellites as pixels to create their company logo? Maybe they can add some color and animations for kicks.…

>Who will create the first advertisement in space using satellites as pixels to create their company logo? Maybe they can add some color and animations for kicks.

Normal satellites can already be hacked, they provide zero to no security at all.

We are already full of ADs, this will be just another hobby for people into hacking. Imagine it displaying a gigantic pe** haha

On a serious note, as everything standards, they are already interfering with observations. Wait until we can no longer tell if it is an atificial sattelite or some massive asteroid coming from the direction of the son.

Humans are dooming their own existence lmao

Re: Rocketlab acquires Iridium

#228

Post by Alpha3031 »

charcircuit wrote: post #202
mschuster91 wrote: post #115

Earlier quoted context omitted.

> People already trying to find ways to gate keep space by raising the financial barrier to entry before we've even been able to capitalize on cheap space flights. Space flight is a typical "tragedy of the commons" scenario. Like radio waves (especially on HF), space orbits are a finite resource... and not just problematic for other satellites, because ground-based space observation gets more and more impeded by sate…

It may be finite, but satellites are tiny and the earth is huge. We barely cover the Earth's surface where we don't even have to deal with launching it into space.

Things on earth don't move at 8 km/s so understandably less worries about collisions there.

Re: Rocketlab acquires Iridium

#229

Post by Waterluvian »

proee wrote: post #41

We have a bright future full of endless "space-junk". As the price to orbit drops, people will inevitably send up more and more satellites that have questionable value. In 100 years will the sky at night just be a massive grid of dots moving across the sky? Who will create the first advertisement in space using satellites as pixels to create their company logo? Maybe they can add some color and animations for kicks.…

Aliens made first contact this week and told us to “knock it off.”

Re: Rocketlab acquires Iridium

#230

Post by lstodd »

hgoel wrote: post #201
lstodd wrote: post #196

Earlier quoted context omitted.

No, it is not real as in threatening anything in particular. Some old crap got shot up. Who cares, we can launch 10x or 100x.

That attitude is how you start building up more and more debris until an orbit is basically unusable.

That attitude is how you start building up more and more tech debt until you trap yourself into extinction. If I thought that Musk's effort could benefit from an infusion of cash I would have organized it. As it happens he's limited by other things, so I sit back and enjoy the view of our civilization slowly climbing the Kardashev scale. You can fly by.
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