Rocket Lab CEO Backs $1 Trillion Connectivity Market After $8 B Iridium Deal
RKLB•Rocket Lab’s CEO endorsed SpaceX’s projection of a $1 trillion-plus satellite connectivity market after Iridium’s $8 billion acquisition, highlighting accelerating smallsat launches and expanding service revenues. He noted that early in-flight and remote communications demand underpins rapid scale-up in low-Earth-orbit connectivity.
1. CEO Echoes SpaceX Market Forecasts
Rocket Lab’s CEO reiterated SpaceX’s estimate of a $1 trillion-plus total addressable market for satellite connectivity, citing the $8 billion Iridium acquisition as evidence of accelerating demand for low-Earth-orbit communications services.
2. Implications for Rocket Lab
He emphasized Rocket Lab’s role in scaling smallsat deployments and securing service contracts, positioning the company to capture a growing share of connectivity revenue as operators expand broadband, in-flight, and IoT applications.
