sourcery(@sourceryy):Rocket Lab CEO @Peter_J_Beck on buying Iridium & competing against @JeffBezos' Blue Origin & @elonmusk's SpaceX: "It would be very difficult to go & play in the broadband market. You see the amount of capital that's required to be successful there." "If you just think about it logically, what is the biggest TAM in the space industry? It's comms. If you ignore broadband because 2 really well-capitalized people are taking care of that, what's the next logical thing to do in comms? It's safety-critical, defense-critical services." "That is Iridium. It's a super quintessential Rocket Lab deal."

2026.09.26 15:07

Rocket Lab CEO @Peter_J_Beck on buying Iridium & competing against @JeffBezos' Blue Origin & @elonmusk's SpaceX: "It would be very difficult to go & play in the broadband market. You see the amount of capital that's required to be successful there." "If you just think about it logically, what is the biggest TAM in the space industry? It's comms. If you ignore broadband because 2 really well-capitalized people are taking care of that, what's the next logical thing to do in comms? It's safety-critical, defense-critical services." "That is Iridium. It's a super quintessential Rocket Lab deal."