Jul. 9 at 5:24 AM
$RKLB The best part about the Iridium
$IRDM acquisition is that
$RKLB gains the many long-standing contracts and relationships with the U.S. government and military. Serving as the US military’s primary provider of secure global satellite communications (SATCOM). Also, the Department of Defense (DoD), is one of their largest customers, relying on Iridium's Low Earth Orbit (LEO) network for uninterrupted voice, data, and IoT communications. Plus, the U.S. Missile Defense Agency, Space Force, and NASA, as well as a few other three letter government intelligence organizations. (Just the 5 year USSF contract alone is worth 85.5 Million dollars)
Bottom line,
$RKLB is going to be a beast of a conglomerate company, and will no doubt be very profitable and competitive to SpaceX. Buying shares under
$85 dollars is an absolute steal!