Exhibit 8.1
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Davis Polk & Wardwell llp 450 Lexington Avenue davispolk.com |
August 24, 2026
Iridium Communications Inc.
1676 International Drive, Suite 1100
McLean, Virginia 22102
Ladies and Gentlemen:
We have acted as counsel for Iridium Communications Inc. (“Iridium”), a Delaware corporation, in connection with (i) the Agreement and Plan of Merger entered into by and among Iridium, Rocket Lab Corporation (“Rocket Lab”), Ion Merger Sub I, Inc., an indirect wholly owned subsidiary of Rocket Lab (“Merger Sub Inc.”) and Ion Merger Sub II LLC, an indirect wholly owned subsidiary of Rocket Lab (“Merger Sub LLC”) dated June 28, 2026 (the “Merger Agreement”) providing for (x) the merger of Merger Sub Inc. with and into Iridium, with Iridium continuing as the surviving corporation (the “First Merger”), and (y) if the Equity Threshold Condition is satisfied, following the First Merger and as part of a single integrated transaction with the First Merger, the merger of the surviving corporation of the First Merger with and into Merger Sub LLC, with Merger Sub LLC continuing as the surviving entity in the Second Merger as an indirect wholly owned subsidiary of Rocket Lab (the “Second Merger” and together with the First Merger, the “Mergers”), and (ii) the preparation and filing of the related Registration Statement (File No. 333-298287) on Form S-4 (as amended and supplemented through the date hereof, the “Registration Statement”), which includes the proxy statement/prospectus of Iridium and Rocket Lab (as amended and supplemented through the date hereof, the “Proxy Statement/Prospectus”), filed with the Securities and Exchange Commission. This opinion is being delivered to you in connection with the filing of the Registration Statement. Unless otherwise indicated, each capitalized term used herein has the meaning ascribed to it in the Merger Agreement or the Proxy Statement/Prospectus.
In connection with this opinion, we have examined the Merger Agreement, the Registration Statement, the Proxy Statement/Prospectus, the representation letter of Iridium, dated as of the date hereof, and the representation letter of Rocket Lab, dated as of the date hereof, each delivered to us for purposes of this opinion (collectively, the “Representation Letters”) and such other documents as we have deemed necessary or appropriate in order to enable us to render our opinion. In such examination, we have assumed the genuineness of all signatures, the legal capacity of natural persons, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as duplicates or certified or conformed copies, and the authenticity of the originals of such latter documents. While we do not have any knowledge that any statement contained in the Representation Letters is untrue, incorrect or incomplete in any respect, we have not undertaken any independent investigation of any factual matter set forth in the Representation Letters or any of the other foregoing documents. For purposes of this opinion, we have assumed, with your permission, (i) that the Mergers will be consummated in the manner described in the Merger Agreement and the Proxy Statement/Prospectus, (ii) that the statements concerning the Mergers set forth in the Merger Agreement and the Proxy Statement/Prospectus are true, complete and correct and will remain true, complete and correct at all times up to and including the First Effective Time and the Second Effective Time, (iii) that the representations made by Iridium and Rocket Lab pursuant to the Representation Letters are accurate and complete and will remain accurate and complete at all times up to and including the First Effective Time and the Second Effective Time, and (iv) any representations made in the Merger Agreement or the Representation Letters “to the knowledge of” or based on the “belief of” Iridium or Rocket Lab, or otherwise similarly qualified, are true, complete and correct and will remain true, complete and correct at all times up to and including the First Effective Time and the Second Effective Time, in each case without such qualification. We have also assumed that the parties have complied with and, if applicable, will continue to comply with, the obligations, covenants, and agreements contained in the Merger Agreement. In addition, our opinion is based solely on the documents that we have examined, the additional information that we have obtained and the representations made by Iridium and Rocket Lab in the Representation Letters, which we have assumed will be true as of the First Effective Time and the Second Effective Time.
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Based upon and subject to the foregoing:
1. We are of the opinion that, if the Parent Common Shares received by holders of Company Common Shares as part of the Merger Consideration (valued as of the completion of the Mergers) represents at least forty percent (40%) of the total value of all Merger Consideration received by the holders of Company Common Shares (for the avoidance of doubt, taking into account any payments made to dissenting stockholders of Company Common Shares), the Mergers should, taken together as a single integrated transaction, qualify as a “reorganization” within the meaning of Section 368(a) of the Internal Revenue Code of 1986, as amended.
2. We hereby confirm that the discussions contained in the Registration Statement under the headings “Material U.S. Federal Income Tax Consequences of the Mergers—In General,” “Material U.S. Federal Income Tax Consequences of the Mergers—Tax Consequences of the Mergers Generally” and “Material U.S. Federal Income Tax Consequences of the Mergers—Tax Consequences to U.S. Holders if the Mergers Qualify for the Intended Tax Treatment” pertaining to the U.S. federal income tax consequences of the Mergers, insofar as such discussion constitutes statements of U.S. federal income tax law or legal conclusions, and subject to the assumptions, limitations and conditions set forth therein, constitutes our opinion as to the material U.S. federal income tax consequences of the Mergers to holders of Company Common Shares.
We express our opinion herein only as to those matters specifically set forth above and in the discussion contained in the Registration Statement under the heading “Material U.S. Federal Income Tax Consequences of the Mergers” and no opinion should be inferred as to the tax consequences of the Mergers under any state, local or foreign law, or with respect to other areas of U.S. federal taxation. We are members of the Bar of the State of New York, and we do not express any opinion herein concerning any law other than the federal law of the United States.
We hereby consent to the filing of this opinion with the Securities and Exchange Commission as an exhibit to the Registration Statement, and to the references therein to us. In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended.
| Very truly yours, | |
| /s/ Davis Polk & Wardwell LLP |
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