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Merger communication
✓ VerifiedAireon chief executive Don Thoma told employees that Iridium has agreed to be acquired by Rocket Lab, with a mid-2027 closing timeline and no change to the separate Aireon acquisition.
Filed Jun 29, 2026 · 17:05 ET
Summary
- Don Thoma, chief executive officer of Aireon, sent the email to Aireon employees on June 29, 2026 on behalf of himself and Matt Desch.
- The transaction carries a mid-2027 closing timeline, subject to approval by Iridium shareholders, receipt of regulatory approvals, and other customary closing conditions.
- The email states there is no change to the closing of the acquisition of Aireon, planned to conclude on or about July 7 when the CFIUS waiting period ends.
- Until completion, Iridium and Rocket Lab will continue to operate as separate, independent companies.
Key facts
- Closing timeline
- mid-2027
From the filing for Closing timeline
“The transaction is expected to close in mid-2027, subject to approval by Iridium shareholders”
- Aireon closing
- on or about July 7
From the filing for Aireon closing
“conclude the transaction as planned on or about July 7”
Why it mattersDeal communications to Aireon staff show the integration path while the separate Aireon stake purchase stays on its own track.
- Filed
- Jun 29, 2026
- Accepted
- 2026-06-29 21:05Z
- Accession no.
- 0001104659-26-078912
- Size
- 32 KB
- Index
- Filing index