Iridium Communications Inc (OQ:IRDM)

Business Focus: N/A

Mar 28, 2024 09:30 am ET
Iridium Announces Release Date for First-Quarter 2024 Financial Results
MCLEAN, Va., March 28, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call on Thursday, April 18, 2024 at 8:30 a.m. Eastern Time (ET) to discuss the Company's first-quarter 2024 financial results. In advance of the call on April 18, 2024, Iridium will issue its first-quarter 2024 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iri
Mar 12, 2024 07:01 am ET
Cosco Shipping Enhances Safety with Iridium GMDSS
MCLEAN, Va., March 12, 2024 /CNW/ -- Iridium Communications Inc. (NASDAQ: IRDM) a leading provider of global voice and data satellite communications, today announced Cosco Shipping (CSSC), the world's largest fleet of commercial vessels with 1,417 ships, has begun installation of Iridium® Global Maritime Distress and Safety System (GMDSS) terminals. The recent installation of the Lars Thrane LT-3100S terminal on the Cosco Tengfei is a testament to CSSC always prioritizing the safety of its crew, ships, and cargo.
Mar 04, 2024 06:01 am ET
Iridium to Expand its Reach as a Global Alternative PNT Service with Acquisition of Market Leader Satelles
Iridium's advanced portfolio of easily integrated assured PNT solutions will protect global industries and digital critical infrastructure
Feb 28, 2024 06:01 am ET
South Korean Military Adopts Iridium Connectivity
MCLEAN, Va., Feb. 28, 2024 /CNW/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced that the Republic of Korea (ROK) Ministry of Defense (MOD) has adopted Iridium® connectivity for strategic use within its military operations. The ROK Army will leverage a full suite of Iridium products and services to enhance operations, including real-time position tracking capabilities for soldiers.
Feb 20, 2024 03:01 pm ET
Iridium to Participate in Investor Conferences
MCLEAN, Va., Feb. 20, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today announced that Company executives would participate in two investor conferences:
Feb 15, 2024 06:01 am ET
Iridium Announces 2023 Results; Company Issues 2024 Outlook
Extends estimate of useful life of satellites by five yearsMCLEAN, Va., Feb. 15, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the fourth quarter and full-year 2023 and issued its full-year 2024 guidance. Net income was $38.0 million, or $0.30 per diluted share, for the fourth quarter of 2023, as compared to net loss of $0.8 million, or $0.01 per diluted share, for the fourth quarter of 2022. Operational EBITDA ("OEBITDA")(1) for the fourth quarter was $114.1 million, as compared to $107.0 million for the prior-year period, re
Jan 25, 2024 05:18 pm ET
Iridium Announces Release Date for Fourth-Quarter 2023 Financial Results
MCLEAN, Va., Jan. 25, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call on Thursday, February 15, 2024 at 8:30 a.m. Eastern Time (ET) to discuss the Company's fourth-quarter 2023 financial results. In advance of the call on February 15, 2024, Iridium will issue its fourth-quarter 2023 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for
Jan 10, 2024 06:01 am ET
Iridium Unveils Project Stardust; Developing the Only Truly Global, Standards-Based IoT and Direct-to-Device Service
The company plans to upload NB-IoT NTN standards into its operational LEO constellation
Jan 10, 2024 06:01 am ET
Iridium Unveils Project Stardust; Developing the Only Truly Global, Standards-Based IoT and Direct-to-Device Service
The company plans to upload NB-IoT NTN standards into its operational LEO constellation
Dec 05, 2023 06:01 am ET
Iridium Launches GMDSS Academy
MCLEAN, Va., Dec. 5, 2023 /CNW/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced the launch of the Iridium® Global Maritime Distress and Safety System Academy (GMDSS Academy). Providing curricula specific to GMDSS and related safety services, the GMDSS Academy is dedicated to ensuring maritime students receive the required Iridium GMDSS safety instruction for working aboard Safety of Life at Sea (SOLAS) class vessels. The GMDSS Academy curricula are free, taught by Iridium Service Providers (SPs), and can ben
Dec 05, 2023 06:01 am ET
Iridium Launches GMDSS Academy
MCLEAN, Va., Dec. 5, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced the launch of the Iridium® Global Maritime Distress and Safety System Academy (GMDSS Academy). Providing curricula specific to GMDSS and related safety services, the GMDSS Academy is dedicated to ensuring maritime students receive the required Iridium GMDSS safety instruction for working aboard Safety of Life at Sea (SOLAS) class vessels. The GMDSS Academy curricula are free, taught by Iridium Service Providers (SPs), and
Nov 09, 2023 03:05 pm ET
Iridium Announces New D2D Direction
MCLEAN, Va., Nov. 9, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global personal satellite communications, today announced an update to its relationship with Qualcomm Technologies, Inc. (Qualcomm), a subsidiary of QUALCOMM Incorporated.
Nov 01, 2023 02:00 pm ET
Iridium Celebrates 25 Years of Innovation, Transformation and Global Connectivity
MCLEAN, Va., Nov. 1, 2023  /CNW/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global personal satellite communications, marked a historic moment in the world of satellite communications, celebrating the 25th anniversary of truly global services provided by the Iridium® network with events held in Arizona and Virginia. The festivities brought together Iridium employees, the original founders and early investors, partners, distinguished guests, and the global community that has been pivotal to Iridium's journey. The 25th anniversary represents a significant milestone fo
Nov 01, 2023 02:00 pm ET
Iridium Celebrates 25 Years of Innovation, Transformation and Global Connectivity
MCLEAN, Va., Nov. 1, 2023  /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global personal satellite communications, marked a historic moment in the world of satellite communications, celebrating the 25th anniversary of truly global services provided by the Iridium® network with events held in Arizona and Virginia. The festivities brought together Iridium employees, the original founders and early investors, partners, distinguished guests, and the global community that has been pivotal to Iridium's journey. The 25th anniversary represents a significant miles
Oct 19, 2023 07:01 am ET
Iridium Announces Third-Quarter 2023 Results; Reports Record Operational EBITDA; Updates Guidance
MCLEAN, Va., Oct. 19, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial results for the third quarter of 2023 and updated its full-year 2023 outlook. Net loss was $1.6 million, or $0.01 per diluted share, for the third quarter of 2023, as compared to net income of $2.1 million, or $0.02 per diluted share, for the third quarter of 2022. Operational EBITDA ("OEBITDA")(1) for the third quarter was $121.3 million, as compared to $107.8 million for the prior-year period, repres
Oct 02, 2023 04:20 pm ET
Iridium to Participate in Fall Investor Conferences
MCLEAN, Va., Oct. 2, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today announced that Company executives would participate in fall investor conferences:
Sep 28, 2023 04:01 pm ET
Iridium Announces Release Date for Third-Quarter 2023 Financial Results
MCLEAN, Va., Sept. 28, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call on Thursday, October 19, 2023 at 8:30 a.m. Eastern Time (ET) to discuss the Company's third-quarter 2023 financial results. In advance of the call on October 19, 2023, Iridium will issue its third-quarter 2023 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the
Sep 12, 2023 07:01 am ET
DISA and U.S. Space Force Award Iridium PLEO Satellite-Based Services Contract
MCLEAN, Va., Sept. 12, 2023  /CNW/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced it has been awarded a five-year base Indefinite Delivery, Indefinite Quantity (IDIQ) contract with one five-year option by the U.S. Space Force for Iridium Certus® services. The multiple awardee contract is part of a U.S. Proliferated Low Earth Orbit (PLEO) Satellite-Based Services award and includes multiple Iridium partners.
Sep 12, 2023 07:01 am ET
DISA and U.S. Space Force Award Iridium PLEO Satellite-Based Services Contract
MCLEAN, Va., Sept. 12, 2023  /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced it has been awarded a five-year base Indefinite Delivery, Indefinite Quantity (IDIQ) contract with one five-year option by the U.S. Space Force for Iridium Certus® services. The multiple awardee contract is part of a U.S. Proliferated Low Earth Orbit (PLEO) Satellite-Based Services award and includes multiple Iridium partners.
Sep 06, 2023 07:01 am ET
Iridium Provides Global Connectivity for XCMG Heavy Equipment
MCLEAN, Va., Sept. 6, 2023 /CNW/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, announced today that Xuzhou Construction Machinery Group (XCMG), a leading global heavy original equipment manufacturer (OEM), will deploy Iridium® IoT services on its global fleet of heavy equipment, starting with excavators and expanding to loaders and crane trucks as needed. XCMG will utilize Iridium's global network to maintain critical connectivity with their heavy equipment in key strategic locations including Australia, Southeast Asia, L
Jul 27, 2023 05:01 pm ET
Iridium Board of Directors Approves Additional $400 Million Share Repurchase Program; Authorizations Now Total $1 Billion
MCLEAN, Va., July 27, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today announced that its Board of Directors has authorized the repurchase of an additional $400 million of Iridium common stock through December 31, 2025. This is the third stock repurchase authorization from the Board of Directors in the past three years and brings the total value of the program to $1 billion. This $400 million authorization is also the largest ever approved by the Board of Directors, underscoring the strength of Iridium's business.
Jul 25, 2023 07:01 am ET
Iridium Announces Second-Quarter 2023 Results; Reports Record Operational EBITDA
MCLEAN, Va., July 25, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial results for the second quarter of 2023 and reiterated its full-year 2023 outlook. Net loss was $30.7 million, or $0.24 per diluted share, for the second quarter of 2023, as compared to net income of $4.6 million, or $0.04 per diluted share, for the second quarter of 2022. Operational EBITDA ("OEBITDA")(1) for the second quarter was $115.8 million, as compared to $105.9 million for the prior-year perio
Jul 24, 2023 07:01 am ET
Iridium Launches Iridium Certus for Aviation Service, Revolutionizing Aircraft Connectivity
MCLEAN, Va., July 24, 2023 /CNW/ -- Iridium Communications Inc. (NASDAQ: IRDM) a leading provider of global voice and data satellite communications, today announced the introduction of its Iridium Certus® aviation commercial service, providing a secure cockpit domain with reliable voice and data capabilities. This milestone achievement marks the availability and certification of Iridium Connected® aviation solutions for commercial transport aircraft, business aviation, helicopters, private aircraft, and Uncrewed Aircraft Systems (UAS) that offer more compact, cost-effective equipment with su
Jul 24, 2023 07:01 am ET
Iridium Launches Iridium Certus for Aviation Service, Revolutionizing Aircraft Connectivity
MCLEAN, Va., July 24, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) a leading provider of global voice and data satellite communications, today announced the introduction of its Iridium Certus® aviation commercial service, providing a secure cockpit domain with reliable voice and data capabilities. This milestone achievement marks the availability and certification of Iridium Connected® aviation solutions for commercial transport aircraft, business aviation, helicopters, private aircraft, and Uncrewed Aircraft Systems (UAS) that offer more compact, cost-effective equipment
Jun 30, 2023 12:01 pm ET
Iridium Announces Release Date for Second-Quarter 2023 Financial Results
MCLEAN, Va., June 30, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call on Tuesday, July 25, 2023 at 8:30 a.m. Eastern Time (ET) to discuss the Company's second-quarter 2023 financial results. In advance of the call on July 25, 2023, Iridium will issue its second-quarter 2023 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridi
Jun 21, 2023 04:01 pm ET
Iridium Announces 2023 Investor Day
MCLEAN, Va., June 21, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today announced that it will host an Investor Day in New York City on Thursday, September 21, 2023 at 2:00 pm Eastern Time (ET). The event will include presentations from Iridium's executive leadership team and provide an overview of the Company's market opportunities, new products, as well as an update on the Company's long-term outlook. In-person attendance is by invitation only.
Jun 20, 2023 07:01 am ET
Iridium Proposes a New Model for Monitored BVLOS UAS Integration in the National Airspace System
Flight trial-based data analysis illustrates challenges to BVLOS operations can be overcome
Jun 20, 2023 07:01 am ET
Iridium Proposes a New Model for Monitored BVLOS UAS Integration in the National Airspace System
Flight trial-based data analysis illustrates challenges to BVLOS operations can be overcome
May 24, 2023 07:01 am ET
Iridium Edge Solar Integrates with Laird Connectivity Sensors to Expand Remote IoT Operations
MCLEAN, Va., May 24, 2023 /CNW/ -- Iridium Communications Inc. (NASDAQ: IRDM) is proud to announce that it has partnered with Laird Connectivity™, a global leader in wireless technology, to integrate their low-powered sensors with the self-charging Iridium Edge® Solar. Laird Connectivity's Sentrius™ BT610 I/O and BT510+ IoT sensors connect to the Iridium Edge Solar over Bluetooth Low Energy (LE), adding a wealth of new capabilities and use cases for wireless, long lasting remote operations anywhere in the world. As part of this partnership, Laird Connectivity is also now an Iridium Value Add
May 24, 2023 07:01 am ET
Iridium Edge Solar Integrates with Laird Connectivity Sensors to Expand Remote IoT Operations
MCLEAN, Va., May 24, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) is proud to announce that it has partnered with Laird Connectivity™, a global leader in wireless technology, to integrate their low-powered sensors with the self-charging Iridium Edge® Solar. Laird Connectivity's Sentrius™ BT610 I/O and BT510+ IoT sensors connect to the Iridium Edge Solar over Bluetooth Low Energy (LE), adding a wealth of new capabilities and use cases for wireless, long lasting remote operations anywhere in the world. As part of this partnership, Laird Connectivity is also now an Iridium Va
May 24, 2023 07:01 am ET
Iridium to Participate at the William Blair Growth Stock Conference
MCLEAN, Va., May 24, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today announced that Chief Executive Officer Matthew Desch is scheduled to participate at the 43rd Annual William Blair Growth Stock Conference on Wednesday, June 7, 2023 at 3:40 p.m. ET.
May 20, 2023 11:41 am ET
Iridium Adds to Constellation Resilience with Launch of Spare Satellites
MCLEAN, Va., May 20, 2023 /CNW/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced today a key milestone in its long-term constellation resilience and redundancy planning, with the successful launch and deployment of five spare satellites.  This launch brings the total number of spare Iridium® satellites on orbit to 14.  In total, 81 next-generation Iridium satellites were built, and 80 of them have now been deployed. The Iridium constellation remains unique in the industry, featuring 66 operational crosslinked satellites, enabling truly global, weather-resilient connectivity everywhere
May 20, 2023 11:41 am ET
Iridium Adds to Constellation Resilience with Launch of Spare Satellites
MCLEAN, Va., May 20, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced today a key milestone in its long-term constellation resilience and redundancy planning, with the successful launch and deployment of five spare satellites.  This launch brings the total number of spare Iridium® satellites on orbit to 14.  In total, 81 next-generation Iridium satellites were built, and 80 of them have now been deployed. The Iridium constellation remains unique in the industry, featuring 66 operational crosslinked satellites, enabling truly global, weather-resilient connectivity eve
May 15, 2023 07:01 am ET
Iridium Names Jacqueline Yeaney to Board of Directors
MCLEAN, Va., May 15, 2023 /CNW/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced that Jacqueline Yeaney has been elected to the Iridium Board of Directors, effective May 4, 2023. As a director on the Iridium Board, Yeaney will contribute to the strategic direction of Iridium's business alongside her fellow Board members.
May 15, 2023 07:01 am ET
Iridium Names Jacqueline Yeaney to Board of Directors
MCLEAN, Va., May 15, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced that Jacqueline Yeaney has been elected to the Iridium Board of Directors, effective May 4, 2023. As a director on the Iridium Board, Yeaney will contribute to the strategic direction of Iridium's business alongside her fellow Board members.
Apr 20, 2023 07:01 am ET
Iridium Announces First Quarter 2023 Results
MCLEAN, Va., April 20, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the first quarter of 2023 and reiterated its full-year 2023 outlook. Net income was $9.8 million, or $0.08 per diluted share, for the first quarter of 2023, as compared to net income of $2.8 million, or $0.02 per diluted share, for the first quarter of 2022. Operational EBITDA ("OEBITDA")(1) for the first quarter was $111.9 million, as compared to $103.2 million for the prior-year period, representing a year-over-year increase of 8%. These results benefitted
Mar 30, 2023 07:01 am ET
Iridium Announces Release Date for First-Quarter 2023 Financial Results
MCLEAN, Va., March 30, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Thursday, April 20, 2023 at 8:30 a.m. Eastern Time (ET) to discuss the Company's first-quarter 2023 financial results. In advance of the call on April 20, 2023, Iridium will issue its first-quarter 2023 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes p
Feb 16, 2023 06:01 am ET
Iridium Announces 2022 Results; Company Issues 2023 Outlook
MCLEAN, Va., Feb. 16, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the fourth quarter and full-year 2022 and issued its full-year 2023 guidance. Net loss was $0.8 million, or $0.01 per diluted share, for the fourth quarter of 2022, as compared to net loss of $5.9 million, or $0.04 per diluted share, for the fourth quarter of 2021. Operational EBITDA ("OEBITDA")(1) for the fourth quarter was $107.0 million, as compared to $93.4 million for the prior-year period, representing a year-over-year increase of 15%. These results bene
Feb 07, 2023 06:01 am ET
National Geographic Society and Iridium Collaborate to Support Research and Exploration
The National Geographic Exploration Technology Lab has been granted special Iridium value-added developer status
Feb 07, 2023 06:01 am ET
National Geographic Society and Iridium Collaborate to Support Research and Exploration
The National Geographic Exploration Technology Lab has been granted special Iridium value-added developer status
Jan 31, 2023 10:00 am ET
The New Iridium GO! exec Redefines Personal Off-the-Grid Connectivity
MCLEAN, Va., Jan. 31, 2023 /CNW/ -- Iridium Communications (Nasdaq: IRDM) today unveiled the most capable, ultra-portable solution for truly global connections to all smartphones, tablets and laptops – a new class of personal satellite communication device called the Iridium GO! exec™. Built for the professional but made for everyone, the Iridium GO! exec provides a natural extension of your world off-the-grid to send and receive email, use chat or office applications, make phone calls, share pictures, post to social media or get help in an emergency.
Jan 31, 2023 10:00 am ET
The New Iridium GO! exec Redefines Personal Off-the-Grid Connectivity
MCLEAN, Va., Jan. 31, 2023 /PRNewswire/ -- Iridium Communications (Nasdaq: IRDM) today unveiled the most capable, ultra-portable solution for truly global connections to all smartphones, tablets and laptops – a new class of personal satellite communication device called the Iridium GO! exec™. Built for the professional but made for everyone, the Iridium GO! exec provides a natural extension of your world off-the-grid to send and receive email, use chat or office applications, make phone calls, share pictures, post to social media or get help in an emergency.
Jan 24, 2023 03:01 pm ET
Iridium Announces Release Date for Fourth-Quarter 2022 Financial Results
MCLEAN, Va., Jan. 24, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Thursday, February 16, 2023 at 8:30 a.m. Eastern Time (ET) to discuss the Company's fourth-quarter 2022 financial results. In advance of the call on February 16, 2023, Iridium will issue its fourth-quarter 2022 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five mi
Jan 05, 2023 07:00 pm ET
Iridium and Qualcomm Collaborate to Support Satellite Messaging in Smartphones
MCLEAN, Va., Jan. 5, 2023 /CNW/ -- Iridium Communications Inc. (Nasdaq: IRDM) today announced it has entered into an agreement with Qualcomm Technologies, Inc. to enable satellite messaging and emergency services in smartphones powered by Snapdragon® Mobile Platforms. Qualcomm Technologies' new Snapdragon® Satellite solution is supported by the fully operational Iridium® satellite constellation. Emergency messaging using Snapdragon Satellite is expected to debut starting in the second half of 2023 in premium Android smartphones launched in select regions.
Jan 05, 2023 07:00 pm ET
Iridium and Qualcomm Collaborate to Support Satellite Messaging in Smartphones
MCLEAN, Va., Jan. 5, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) today announced it has entered into an agreement with Qualcomm Technologies, Inc. to enable satellite messaging and emergency services in smartphones powered by Snapdragon® Mobile Platforms. Qualcomm Technologies' new Snapdragon® Satellite solution is supported by the fully operational Iridium® satellite constellation. Emergency messaging using Snapdragon Satellite is expected to debut starting in the second half of 2023 in premium Android smartphones launched in select regions.
Dec 21, 2022 06:31 am ET
Iridium Introduces its Next Generation Satellite IoT Data Service
Iridium Messaging Transport (IMT) simplifies the development of satellite IoT services
Dec 21, 2022 06:31 am ET
Iridium Introduces its Next Generation Satellite IoT Data Service
Iridium Messaging Transport (IMT) simplifies the development of satellite IoT services
Dec 14, 2022 06:31 am ET
Iridium and Smithsonian's Movement of Life Initiative Team Up to Help Protect Endangered and Threatened Species
The company has created a special program to support Smithsonian scientists advancing conservation through the science of animal tracking
Dec 08, 2022 06:01 am ET
Iridium Announces Quarterly Dividend Program
MCLEAN, Va., Dec. 8, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) today announced that its Board of Directors has initiated a quarterly dividend program and declared the first ever cash dividend on its common stock of $0.13 per share.  The dividend is payable on March 30, 2023, to stockholders of record at close of business on March 15, 2023.  Iridium intends to pay regular quarterly dividends, with each payment subject to Board approval.
Nov 01, 2022 04:01 pm ET
Iridium to Present at Fourth Quarter Investor Conferences
MCLEAN, Va., Nov. 1, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today announced that Company executives will speak at the following investor conferences in November and December:
Oct 20, 2022 07:01 am ET
Iridium Announces Record Third-Quarter 2022 Results; Increases 2022 Outlook
MCLEAN, Va., Oct. 20, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the third quarter of 2022 and updated its full-year 2022 outlook. Net income was $2.1 million, or $0.02 per diluted share, for the third quarter of 2022, as compared to net loss of $2.1 million, or $0.02 per diluted share, for the third quarter of 2021. This change in net income was primarily the result of growth in total revenue, which was broad based. Operational EBITDA ("OEBITDA")(1) for the third quarter was up 8% to a record $107.8 million, as compared to
Oct 12, 2022 07:31 am ET
New Iridium Certus Service Providers to Support U.S. Government Customers
MCLEAN, Va., Oct. 12, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) announced today that Iridium partners MetOcean Telematics, NAL Research, and Trace Systems are now Iridium Certus® service providers for U.S. government customers, joining Satcom Direct, in this capacity. These unique, long-term deals will allow these companies to provide Iridium's secure global satellite broadband and midband connectivity for mobile voice and data services to the U.S. government through a dedicated gateway.
Sep 29, 2022 04:01 pm ET
Iridium Announces Release Date for Third-Quarter 2022 Financial Results
MCLEAN, Va., Sept. 29, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Thursday, October 20, 2022 at 8:30 a.m. Eastern Time (ET) to discuss the Company's third-quarter 2022 financial results. In advance of the call on October 20, 2022, Iridium will issue its third-quarter 2022 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minut
Sep 21, 2022 08:01 am ET
Iridium Announces Operation Pacific Waves
Following the success of Operation Arctic Lynx (OAL), Iridium is expanding its partnership-driven field demonstrations to the Indo-Pacific Region
Sep 21, 2022 08:01 am ET
Iridium Announces Operation Pacific Waves
Following the success of Operation Arctic Lynx (OAL), Iridium is expanding its partnership-driven field demonstrations to the Indo-Pacific Region
Sep 08, 2022 07:01 am ET
Iridium Announces Ninth SpaceX Launch
MCLEAN, Va., Sept. 8, 2022 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced that it has reached an agreement with SpaceX to launch up to five of the company's remaining ground spare satellites from the Iridium® NEXT program, on its Falcon 9 rocket.  Known as Iridium-9, the launch is planned to take place at Vandenberg Space Force Base in mid-2023.  Earlier this year, Iridium celebrated the 25th anniversary of the first launch in Iridium's history, which also took place from Vandenberg on May 5, 1997. That first ever launch also carried five Iridium satellites to orb
Sep 05, 2022 02:01 am ET
Jan De Nul Group Chooses Iridium GMDSS
World leading dredging fleet to retrofit and install new builds with Iridium's Global Maritime Distress and Safety System
Sep 05, 2022 02:01 am ET
Jan De Nul Group Chooses Iridium GMDSS
World leading dredging fleet to retrofit and install new builds with Iridium's Global Maritime Distress and Safety System
Jul 26, 2022 07:01 am ET
Iridium Announces Record Second-Quarter 2022 Results; Updates 2022 Outlook
Increases 2022 service revenue growth outlook to between 7% and 9%Increases 2022 operational EBITDA outlook to between $410 million and $420 millionMCLEAN, Va., July 26, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the second quarter of 2022 and updated its full-year 2022 outlook. Net income was $4.6 million, or $0.04 per diluted share, for the second quarter of 2022, as compared to net income of $3.8 million, or $0.03 per diluted share, for the second quarter of 2021. This change in net income was primarily the result of gr
May 26, 2022 06:48 pm ET
General Dynamics Mission Systems and Iridium Awarded $324 Million Ground Control and Operations Contract by the Space Development Agency
FAIRFAX, Va. and MCLEAN, Va., May 26, 2022 /CNW/ -- General Dynamics Mission Systems (NYSE: GD), and Iridium Communications Inc. (NASDAQ: IRDM) announced today that they have been awarded a contract by the Space Development Agency in the amount of $324,516,613, including a base amount of $162,954,122 and $161,562,491 in options, to establish the ground Operations and Integration (O&I) segment for Tranche 1 of the National Defense Space Architecture (NDSA). Together, General Dynamics Mission Systems and Iridium will build ground entry points and operations centers for the NDSA as well as
May 26, 2022 06:48 pm ET
General Dynamics Mission Systems and Iridium Awarded $324 Million Ground Control and Operations Contract by the Space Development Agency
FAIRFAX, Va. and MCLEAN, Va., May 26, 2022 /PRNewswire/ -- General Dynamics Mission Systems (NYSE: GD), and Iridium Communications Inc. (NASDAQ: IRDM) announced today that they have been awarded a contract by the Space Development Agency in the amount of $324,516,613, including a base amount of $162,954,122 and $161,562,491 in options, to establish the ground Operations and Integration (O&I) segment for Tranche 1 of the National Defense Space Architecture (NDSA). Together, General Dynamics Mission Systems and Iridium will build ground entry points and operations centers for the NDSA as w
May 26, 2022 06:32 pm ET
General Dynamics Mission Systems and Iridium Awarded $324 Million Ground Control and Operations Contract by the Space Development Agency
FAIRFAX, Va. and MCLEAN, Va., May 26, 2022 /PRNewswire/ -- General Dynamics Mission Systems (NYSE: GD) and Iridium Communications Inc. (NASDAQ: IRDM) announced today that they have been awarded a contract by the Space Development Agency in the amount of $324,516,613, including a base amount of $162,954,122 and $161,562,491 in options, to establish the ground Operations and Integration (O&I) segment for Tranche 1 of the National Defense Space Architecture (NDSA). Together, General Dynamics Mission Systems and Iridium will build ground entry points and operations centers for the NDSA as we
May 25, 2022 07:01 am ET
Iridium to Participate at the William Blair Growth Stock Conference
MCLEAN, Va., May 25, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today announced that Chief Executive Officer Matthew Desch is scheduled to participate at the 42nd Annual William Blair Growth Stock Conference on Wednesday, June 8, 2022 at 1:00 p.m. ET.
May 18, 2022 07:31 am ET
Iridium Names Kay Sears to Board of Directors
McLEAN, Va, May 18, 2022 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced that Kay Sears has been elected to the Iridium Board of Directors, effective May 17, 2022. As a director on the Iridium Board, Sears will play a role in helping shape the strategic direction of Iridium's business.
Apr 19, 2022 07:01 am ET
IRIDIUM ANNOUNCES FIRST-QUARTER 2022 RESULTS
Record Equipment Sales Driven by Strong DemandMCLEAN, Va., April 19, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the first quarter of 2022 and reiterated its full-year 2022 outlook. Net income was $2.8 million, or $0.02 per diluted share, for the first quarter of 2022, as compared to net loss of $5.2 million, or $0.04 per diluted share, for the first quarter of 2021. Operational EBITDA ("OEBITDA")(1) for the first quarter was $103.2 million, as compared to $89.8 million for the prior-year period, representing a year-over-ye
Mar 30, 2022 09:01 am ET
Iridium Announces Release Date for First-Quarter 2022 Financial Results
MCLEAN, Va., March 30, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Tuesday, April 19, 2022 at 8:30 a.m. Eastern Time (ET) to discuss the Company's first-quarter 2022 financial results. In advance of the call on April 19, 2022, Iridium will issue its first-quarter 2022 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes pr
Mar 21, 2022 07:31 am ET
Iridium Adds Ultra-Low Bandwidth Video Over Iridium Certus®
New Iridium partner VideoSoft Global introduces groundbreaking live video delivery from as low as 4 Kbps
Mar 16, 2022 07:31 am ET
Sumitomo Construction Machinery Co.,Ltd. Deploys Iridium® for Heavy Equipment Satcom
MCLEAN, Va., March 16, 2022 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced that Sumitomo Construction Machinery Co.,Ltd. (SCM) a leading manufacturer of heavy equipment, has deployed Iridium satcom for its Link-Belt Excavators (LBX). Through this partnership, SCM has initially added Iridium's Short Burst Data® (SBD®) service to its RemoteCARE service platform in North America and will continue to expand deployment globally.
Mar 09, 2022 06:31 am ET
Iridium Optimizing Live Video Over Iridium Certus® with AnsuR Technologies
MCLEAN, Va., March 9, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) today announced AnsuR Technologies as a Value-Added Developer (VAD) providing optimized video software solutions for use over the Iridium Certus service. AnsuR's video compression software can deliver high-precision, geo-tagged live action video content with up to 99% less bandwidth than traditional methods.
Mar 07, 2022 06:31 am ET
Iridium Board of Directors Approves Additional $300 Million Share Repurchase Program
MCLEAN, Va., March 7, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today announced that its Board of Directors has authorized the repurchase of an additional $300 million of Iridium common stock through December 31, 2023. This is the second $300 million stock repurchase authorization from the Board of Directors in the past two years and underscores the ongoing success and growth of Iridium's business. In total, Iridium has the opportunity to retire $600 million worth of common stock from the public markets over a three-year period.
Feb 22, 2022 06:31 am ET
Iridium to Present at March Investor Conferences
MCLEAN, Va., Feb. 22, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today announced that Company executives would speak at two investor conferences in March:
Feb 17, 2022 06:00 am ET
Iridium Announces 2021 Results; Company Issues 2022 Outlook
MCLEAN, Va., Feb. 17, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the fourth quarter and full-year 2021 and issued its full-year 2022 guidance. Net loss was $5.9 million, or $0.04 per diluted share, for the fourth quarter of 2021, as compared to net loss of $7.9 million, or $0.06 per diluted share, for the fourth quarter of 2020. This improvement was primarily the result of higher commercial service revenue and lower interest expense. Operational EBITDA ("OEBITDA")(1) for the fourth quarter was $93.4 million, as compared to
Feb 03, 2022 06:31 am ET
Iridium Names Kathy Morgan as New Chief Legal Officer
MCLEAN, Va., Feb. 3, 2022 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced that Kathy Morgan has been named its Chief Legal Officer (CLO). Morgan assumed this position effective January 1, 2022, succeeding former CLO Tom Hickey. Previously, she served as Iridium's Vice President of Corporate Law.
Jan 27, 2022 03:01 pm ET
Iridium Announces Release Date for Fourth-Quarter 2021 Financial Results
MCLEAN, Va., Jan. 27, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Thursday, February 17, 2022 at 8:30 a.m. Eastern Time (ET) to discuss the Company's fourth-quarter 2021 financial results. In advance of the call on February 17, 2022, Iridium will issue its fourth-quarter 2021 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five mi
Jan 19, 2022 06:31 am ET
Iridium Supports Reactivated Monuments Officers
Archaeologists test capabilities in Honduras for the next generation of the famed World War II Monuments Men and Women
Jan 19, 2022 06:31 am ET
Iridium Supports Reactivated Monuments Officers
Archaeologists test capabilities in Honduras for the next generation of the famed World War II Monuments Men and Women
Jan 05, 2022 07:01 am ET
Iridium Names Manjula Sriram as New Chief Information Officer
MCLEAN, Va., Jan. 5, 2022 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced that Manjula Sriram has joined the company as Vice President & Chief Information Officer (CIO). Reporting to Chief Financial Officer Tom Fitzpatrick, Sriram is now responsible for leading Iridium's Information Technology (IT) organization in implementing information systems to support both distributed and centralized business operations.
Dec 27, 2021 06:01 am ET
IRIDIUM TO PARTICIPATE AT THE 24TH ANNUAL NEEDHAM VIRTUAL GROWTH CONFERENCE
MCLEAN, Va, Dec. 27, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today announced that Chief Executive Officer Matthew Desch is scheduled to participate at the 24th Annual Needham Virtual Growth Conference on Monday, January 10, 2022 at 2:45 p.m. ET. A live webcast of the presentation will be available on the investor relations section of Iridium's website at https://investor.iridium.com/events. A replay of the webcast will be archived for 30 days following the conference. 
Dec 01, 2021 06:01 am ET
Iridium To Present At The Barclays Global Technology, Media And Telecommunications Conference
MCLEAN, Va., Dec. 1, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today announced that Chief Financial Officer Thomas Fitzpatrick is scheduled to present virtually at the Barclays Global Technology, Media and Telecommunications Conference on Wednesday, December 8, 2021 at 9:10 a.m. ET. A live webcast of the presentation will be available on the investor relations section of Iridium's website at https://investor.iridium.com/events.  A replay of the webcast will be archived for 30 days following the conference.
Nov 10, 2021 06:31 am ET
Groundbreaking Iridium Certus® 100 Service Launches with Partner Products for Land, Sea, Air and Industrial IoT
Over a dozen new Iridium Connected® midband products are planned to enter the market in the coming months
Nov 10, 2021 06:31 am ET
Groundbreaking Iridium Certus® 100 Service Launches with Partner Products for Land, Sea, Air and Industrial IoT
Over a dozen new Iridium Connected® midband products are planned to enter the market in the coming months
Oct 19, 2021 07:01 am ET
Iridium Announces Third-Quarter 2021 Results; Raises 2021 Outlook
MCLEAN, Va., Oct. 19, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the third quarter of 2021 and updated its full-year 2021 outlook. Net loss was $2.1 million, or $0.02 per diluted share, for the third quarter of 2021, as compared to net loss of $4.0 million, or $0.03 per diluted share, for the third quarter of 2020. This decrease in net loss was primarily the result of operating profit improvements and lower net interest expenses. Operational EBITDA ("OEBITDA")(1) for the third quarter was a record breaking $100.2 million, a
Sep 28, 2021 07:01 am ET
Iridium Announces Release Date For Third-Quarter 2021 Financial Results
MCLEAN, Va., Sept. 28, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Tuesday, October 19, 2021 at 8:30 a.m. Eastern Time (ET) to discuss the Company's third-quarter 2021 financial results. In advance of the call on October 19, 2021, Iridium will issue its third-quarter 2021 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minute
Sep 20, 2021 07:01 am ET
Iridium To Present At Deutsche Bank's 29th Annual Leverage Finance Conference
MCLEAN, Va., Sept. 20, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) announced today that Chief Financial Officer Thomas Fitzpatrick is scheduled to present virtually at Deutsche Bank's 29th Annual Leverage Finance Conference on Monday, October 4, 2021 at 1:15 p.m. ET. A live webcast of the presentation will be available on the investor relations section of Iridium's website at http://investor.iridium.com/events. A replay of the webcast will be archived for 30 days following the conference.
Aug 11, 2021 08:01 am ET
Iridium Receives 2021 James S. Cogswell Outstanding Industrial Security Achievement Award
MCLEAN, Va., Aug. 11, 2021 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) is proud to announce that its Tempe, Arizona facility was awarded the 2021 Cogswell Award by the Defense Counterintelligence and Security Agency (DCSA), during the annual Society of Industrial Security Professionals (NCMS) annual training seminar. Less than 1% of eligible companies are selected each year to receive this award, given to cleared U.S. defense contractors who consistently, and at the highest level, demonstrate a commitment to excellence and leadership in the Industrial Security community.
Aug 04, 2021 08:01 am ET
Iridium announces partnership with Canadian Coast Guard
MCLEAN, Va., Aug. 4, 2021 /CNW/ -- Iridium Communications Inc. (NASDAQ:IRDM) today announced that the Canadian Coast Guard has adopted Iridium Certus® connectivity with support from Iridium partner MetOcean Telematics. The Coast Guard deployed dozens of Iridium Certus™ Thales VesseLINK™ 700 terminals on its vessels, including icebreakers, to contribute to reliable internet connectivity as crew members deliver programs and services to ensure the safety of mariners in Canadian waters and protect Canada's marine environment. Iridium Certus delivers weather-resilient and completely global covera
Aug 04, 2021 08:01 am ET
Iridium announces partnership with Canadian Coast Guard
MCLEAN, Va., Aug. 4, 2021 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) today announced that the Canadian Coast Guard has adopted Iridium Certus® connectivity with support from Iridium partner MetOcean Telematics. The Coast Guard deployed dozens of Iridium Certus™ Thales VesseLINK™ 700 terminals on its vessels, including icebreakers, to contribute to reliable internet connectivity as crew members deliver programs and services to ensure the safety of mariners in Canadian waters and protect Canada's marine environment. Iridium Certus delivers weather-resilient and completely global
Aug 02, 2021 06:01 pm ET
Iridium Granted Trio of Regulatory Approvals in Japan
MCLEAN, Va., Aug. 2, 2021 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced that Japan's Ministry of Internal Affairs and Communications (MIC) has approved regulatory amendments necessary to allow for Japanese adoption of Iridium Certus® broadband, Iridium Controller–Pilot Data Link Communications (CPDLC) and other aeronautical services for aviation and Iridium's Global Maritime Distress and Safety System service (GMDSS). Over the past several years, Iridium has been working on regulatory amendments with the MIC to incorporate these services into the Japanese regulat
Jul 20, 2021 07:01 am ET
Iridium Announces Second-Quarter 2021 Results; Updates 2021 Outlook
MCLEAN, Va., July 20, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the second quarter of 2021 and updated its full-year 2021 outlook. Net income was $3.8 million, or $0.03 per diluted share, for the second quarter of 2021, as compared to net loss of $12.4 million, or $0.09 per diluted share, for the second quarter of 2020. This change in net income was primarily the result of growth in total revenue driven by strength in recurring service revenue. Operational EBITDA ("OEBITDA")(1) for the second quarter was up 11% to $94.8 mi
Jun 29, 2021 04:01 pm ET
Iridium Announces Release Date for Second-Quarter 2021 Financial Results
MCLEAN, Va., June 29, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Tuesday, July 20, 2021 at 8:30 a.m. Eastern Time (ET) to discuss the Company's second-quarter 2021 financial results. In advance of the call on July 20, 2021, Iridium will issue its second-quarter 2021 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes pri
Jun 24, 2021 08:00 am ET
Iridium Awarded $30 Million Research & Development Contract by the United States Army
MCLEAN, Va., June 24, 2021 /CNW/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced it has been awarded a research and development contract worth up to $30 million by the United States Army (Army) to develop a payload to be hosted on small satellites that supports navigation systems, guidance and control for the global positioning system (GPS) and GPS-denied precision systems. The new experimental Iridium payload is intended to be hosted by another Low Earth Orbit (LEO) commercial satellite constellation, complementing the Iridium® constellation's capabilities.
Jun 24, 2021 08:00 am ET
Iridium Awarded $30 Million Research & Development Contract by the United States Army
MCLEAN, Va., June 24, 2021 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced it has been awarded a research and development contract worth up to $30 million by the United States Army (Army) to develop a payload to be hosted on small satellites that supports navigation systems, guidance and control for the global positioning system (GPS) and GPS-denied precision systems. The new experimental Iridium payload is intended to be hosted by another Low Earth Orbit (LEO) commercial satellite constellation, complementing the Iridium® constellation's capabilities.
Jun 22, 2021 04:45 pm ET
Sidoti Summer Virtual Small-Cap Conference
Presentation Times and Weblinks Released for Approximately 70 Presenting Companies
Jun 22, 2021 08:01 am ET
Iridium Certus® 200: Delivering an Unmatched Performance/Value Equation for Satellite Broadband Services
Iridium Certus 200 is a new L-band broadband service class offering proven reliability and truly global coverage through smaller, lighter and more cost-effective user equipment
Jun 22, 2021 08:01 am ET
Iridium Certus® 200: Delivering an Unmatched Performance/Value Equation for Satellite Broadband Services
Iridium Certus 200 is a new L-band broadband service class offering proven reliability and truly global coverage through smaller, lighter and more cost-effective user equipment
Jun 14, 2021 08:01 am ET
Iridium Names Greg Pelton As New Chief Technical Officer
MCLEAN, Va., June 14, 2021 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced that Greg Pelton will join the company as Chief Technical Officer (CTO), effective June 17, 2021.  Reporting to Iridium Chief Operations Officer Suzi McBride, Pelton is taking over for retiring CTO Hermon Pon and will lead Iridium's world-class technology and system engineering teams both internally and with Iridium's vast partner ecosystem.
Jun 10, 2021 08:01 am ET
Iridium Announces Operation Arctic Lynx
MCLEAN, Va., June 10, 2021 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced Operation Arctic Lynx (OAL), a series of partnership-driven field exercises deploying Iridium® and Iridium Connected® technologies and involving more than 20 organizations, primarily focused above 60 degrees north latitude and stretching as far as 82 degrees north latitude.  Taking place between June 11 and June 26, 2021, OAL involves an international contingent of organizations including existing Iridium customers like the U.S. Department of Defense, U.S. federal agencies, Alaska state and
Apr 13, 2021 08:03 am ET
Indonesian Government Deploys Iridium® Push-to-Talk, Overcoming Remote Communications Challenges
MCLEAN, Va., April 13, 2021 /CNW/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced that the Republic of Indonesia's government has adopted Iridium Push-to-Talk (PTT) devices to support communication efforts across the country. By fully deploying 500 Iridium PTT handsets, the Indonesian government now has a reliable "grab-and-go" real-time satellite communications solution, ideal for communications on-the-move applications across the country's diverse island landscapes.
Feb 23, 2021 03:01 pm ET
Iridium To Present At March Investor Conferences
MCLEAN, Va., Feb. 23, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today announced that Company executives would speak at two investor conferences in March:
Feb 11, 2021 06:01 am ET
Iridium Announces 2020 Results; Company Issues 2021 Outlook
MCLEAN, Va., Feb. 11, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the fourth quarter of 2020 and issued its full-year 2021 guidance. Net loss was $7.9 million, or $0.06 per diluted share, for the fourth quarter of 2020, as compared to net loss of $107.9 million, or $0.82 per diluted share, for the fourth quarter of 2019. This improvement was primarily the result of debt extinguishment costs associated with Iridium's refinancing in the fourth quarter of 2019, which did not recur in 2020. Operational EBITDA ("OEBITDA")(1) for
Feb 10, 2021 03:01 pm ET
Iridium Board Of Directors Approves $300 Million Share Repurchase Program
Strengthening Capital Position and Continued Opportunities for Growth Underscore Iridium's Financial Transformation
Feb 10, 2021 03:01 pm ET
Iridium Board Of Directors Approves $300 Million Share Repurchase Program
Strengthening Capital Position and Continued Opportunities for Growth Underscore Iridium's Financial Transformation
Feb 09, 2021 07:01 am ET
Iridium Adds Kyoritsu Radio as Iridium Certus® Service Provider with Distribution Support from Furuno
MCLEAN, Va., Feb. 9, 2021 /CNW/ -- Iridium Communications Inc. (NASDAQ:IRDM) today announced the addition of Kyoritsu Radio Service Co., Ltd as an Iridium Certus® service provider. Through this agreement, Kyoritsu Radio will also support the provisioning of Iridium Certus service by Furuno Electric Co., Ltd, expanding their portfolio of Iridium® satellite communication services. The Iridium Certus service is ideal for cargo ships, tankers, fishing vessels, workboats, and other watercraft as a primary or VSAT companion satellite communications solution. Operating on the Iridium network, it fe
Feb 09, 2021 07:01 am ET
Iridium Adds Kyoritsu Radio as Iridium Certus® Service Provider with Distribution Support from Furuno
MCLEAN, Va., Feb. 9, 2021 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) today announced the addition of Kyoritsu Radio Service Co., Ltd as an Iridium Certus® service provider. Through this agreement, Kyoritsu Radio will also support the provisioning of Iridium Certus service by Furuno Electric Co., Ltd, expanding their portfolio of Iridium® satellite communication services. The Iridium Certus service is ideal for cargo ships, tankers, fishing vessels, workboats, and other watercraft as a primary or VSAT companion satellite communications solution. Operating on the Iridium network
Feb 08, 2021 05:49 pm ET
Monolithic Power Systems Set to Join S&P 500; Iridium Communications to Join S&P MidCap 400; Collegium Pharmaceutical to Join S&P SmallCap 600
NEW YORK, Feb. 8, 2021 /PRNewswire/ -- S&P MidCap 400 constituent Monolithic Power Systems Inc. (NASD: MPWR) will replace TechnipFMC plc (NYSE: FTI) in the S&P 500, S&P SmallCap 600 constituent Iridium Communications Inc. (NASD: IRDM) will replace Monolithic Power Systems in the S&P MidCap 400, and Collegium Pharmaceutical Inc. (NASD: COLL) will replace Iridium Communications in the S&P SmallCap 600 effective prior to the opening of trading on Friday, February 12. TechnipFMC is being removed from the S&P 500 in anticipation of its announced spin-off of Technip Energie
Jan 21, 2021 06:01 am ET
Iridium Announces Release Date For Fourth-Quarter 2020 Financial Results
MCLEAN, Va., Jan. 21, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Thursday, February 11, 2021 at 8:30 a.m. Eastern Time (ET) to discuss the Company's fourth-quarter 2020 financial results. In advance of the call on February 11, 2021, Iridium will issue its fourth-quarter 2020 earnings press release, which will be available at http://www.iridium.com. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the scheduled s
Jan 05, 2021 07:01 am ET
Iridium Edge® Solar Provides Upgraded Capabilities for Satellite IoT Tracking and Asset Management
MCLEAN, Va., Jan. 5, 2021 /CNW/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced commercial availability of the Iridium Edge Solar – a secure, maintenance-free, solar-powered remote asset tracking and management device. With over-the-air configuration capabilities, the Iridium Edge Solar is ideal for Vessel Monitoring Systems (VMS), fisheries management, tracking of freight shipping containers, Supervisory Control and Data Acquisition (SCADA) applications, monitoring of oil and gas pipelines and heavy equipment telematics data reporting. 
Jan 05, 2021 07:01 am ET
Iridium Edge® Solar Provides Upgraded Capabilities for Satellite IoT Tracking and Asset Management
MCLEAN, Va., Jan. 5, 2021 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced commercial availability of the Iridium Edge Solar – a secure, maintenance-free, solar-powered remote asset tracking and management device. With over-the-air configuration capabilities, the Iridium Edge Solar is ideal for Vessel Monitoring Systems (VMS), fisheries management, tracking of freight shipping containers, Supervisory Control and Data Acquisition (SCADA) applications, monitoring of oil and gas pipelines and heavy equipment telematics data reporting. 
Dec 15, 2020 09:05 am ET
World's First Truly Global, Real-Time Maritime Emergency Service Launched by Iridium
The Global Maritime Distress and Safety System (GMDSS) now covers 100% of the globe with real-time satellite connectivity for the first time
Dec 15, 2020 09:05 am ET
World's First Truly Global, Real-Time Maritime Emergency Service Launched by Iridium
The Global Maritime Distress and Safety System (GMDSS) now covers 100% of the globe with real-time satellite connectivity for the first time
Dec 15, 2020 06:01 am ET
Iridium to Make Historic Satellite and Maritime Industry Announcement
MCLEAN, Va., Dec. 15, 2020 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") is hosting a virtual press conference this morning (Tuesday, December 15) at 9:00 a.m. Eastern Time (ET), to share a historic maritime and satellite industry announcement. The event includes remarks from industry officials and experts, and will include time for a Q&A.
Nov 11, 2020 07:01 am ET
Kobelco Partners with Iridium to Enable Truly Global Remote Asset Tracking for Fleet Management Systems
MCLEAN, Va., Nov. 11, 2020 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) today announced that Kobelco Construction Machinery Co., Ltd. (KCM), a leading original equipment manufacturer (OEM), has integrated Iridium's two-way satellite communications into its hydraulic excavator machinery, heavy equipment and the KOMEXS remote asset management platform. The addition of the Iridium® service provides KCM equipment with truly global coverage for the first time, along with the flexibility of programming deployed assets to provide automated recurring telematics and equipment health upda
Oct 20, 2020 07:01 am ET
Iridium Announces Third-Quarter 2020 Results; Improves 2020 Outlook
MCLEAN, Va., Oct. 20, 2020 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the third quarter of 2020 and updated its full-year 2020 outlook. Net loss was $4.0 million, or $0.03 per diluted share, for the third quarter of 2020, as compared to net loss of $18.0 million, or $0.14 per diluted share, for the third quarter of 2019.  This decrease in net loss was primarily the result of lower net interest expenses related to the refinancing of Iridium's credit facility and high-yield notes from the year ago period.  Also contributing to th
Sep 29, 2020 07:01 am ET
Iridium Edge® Pro Brings Programmable Intelligence to Asset Management Beyond Terrestrial Coverage
MCLEAN, Va., Sept. 29, 2020 /CNW/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced commercial availability of its newest standalone asset management device, Iridium Edge Pro.  The latest addition to the Iridium Edge family of products, Iridium Edge Pro is the company's first programmable solution for asset management, tracking, and recovery.  The new device enables Iridium's partners to create customizable end-to-end monitoring solutions for vessels, vehicles and remote equipment using Iridium's best in class two-way network and truly global coverage.
Aug 13, 2020 08:01 am ET
Iridium Announces Beta Partners to Validate its New Iridium Edge® Solar Remote Asset Management Device
MCLEAN, Va., Aug. 13, 2020 /CNW/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced six beta partners for its newest out-of-the-box satellite IoT device, the Iridium Edge Solar – an intelligent, secure and maintenance-free solar-powered remote asset management device with over-the-air configuration capabilities.  The six companies selected to participate in beta testing include CLS Telemetry,  Everywhere Communications, Marlink, M2M Data Corporation, Rock Seven, and Tesacom.  These companies represent some of the most innovative of the over 450 partners that are licensed to create
Jul 31, 2020 07:01 am ET
Iridium Launches Online Museum to Commemorate 20th Anniversary Milestone, Educate and Preserve its Unique History
MCLEAN, Va., July 31, 2020 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) is proud to unveil the Iridium Online Museum, celebrating the challenges and successes of an audacious idea that initially failed, but ultimately succeeded and achieved its vision, inspiring a resurgence in commercial interest in space. The launch of the museum is timely, coinciding with the 20th anniversary of the first legal steps taken towards Iridium's rebirth as a modern company, on July 31, 2000. As Iridium continues its legacy of innovation and enters a new chapter of its story following the success
Jul 28, 2020 07:01 am ET
Iridium Announces Second-Quarter 2020 Results; Updates 2020 Outlook
MCLEAN, Va., July 28, 2020 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the second quarter of 2020 and updated its full-year 2020 outlook. Net loss was $12.4 million, or $0.09 per diluted share, for the second quarter of 2020, as compared to net loss of $18.1 million, or $0.16 per diluted share, for the second quarter of 2019. This decrease in net loss was primarily the result of lower net interest expenses related to the refinancing of Iridium's credit facility and high-yield notes from the year ago period and a decline in in-orb
Jul 07, 2020 07:01 am ET
Iridium Announces Release Date For Second-Quarter 2020 Financial Results
MCLEAN, Va., July 7, 2020 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Tuesday, July 28, 2020 at 8:30 a.m. Eastern Time (ET) to discuss the Company's second-quarter 2020 financial results. In advance of the call on July 28, 2020, Iridium will issue its second-quarter 2020 earnings press release, which will be available at http://www.iridium.com. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the scheduled start time
May 26, 2020 04:31 pm ET
Iridium To Present At The William Blair Growth Stock Conference
MCLEAN, Va., May 26, 2020 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) announced today that Chief Financial Officer Thomas Fitzpatrick is scheduled to present virtually at the William Blair Growth Stock Conference on Tuesday, June 9, 2020 at 5:00 p.m. ET.  A live webcast of the presentation will be available on the investor relations section of Iridium's website at http://investor.iridium.com/events.  A replay of the webcast will be archived for 30 days following the conference.
Apr 28, 2020 07:01 am ET
Iridium Announces First-Quarter 2020 Results; Company Updates 2020 Outlook
MCLEAN, Va., April 28, 2020 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the first quarter of 2020 and updated its full-year 2020 outlook. Net loss was $31.7 million, or $0.24 per diluted share, for the first quarter of 2020, as compared to net loss of $18.0 million, or $0.18 per diluted share, for the first quarter of 2019. This increase in net loss was primarily the result of debt extinguishment costs associated with Iridium's refinancing of its senior unsecured notes. Operational EBITDA ("OEBITDA")(1) for the first quarter was
Apr 07, 2020 04:01 pm ET
Iridium Announces Release Date for First-Quarter 2020 Financial Results
MCLEAN, Va., April 7, 2020 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Tuesday, April 28, 2020 at 8:30 a.m. Eastern Time (ET) to discuss the Company's first-quarter 2020 financial results.  In advance of the call on April 28, 2020, Iridium will issue its first-quarter 2020 earnings press release, which will be available at http://www.iridium.com.  To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call.  Please dial in five minutes prior to the scheduled start t
Nov 04, 2019 03:01 pm ET
Iridium Announces Closing of $1.45 Billion Refinancing
MCLEAN, Va., Nov. 4, 2019 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) today announced the closing of a $1.45 billion, seven-year term loan that sets the stage for the company to complete its financial transformation. The new credit agreement formally retires Iridium's previous credit facility initiated in 2010 and guaranteed by BPI France (formerly COFACE), which enabled Iridium to finance the Iridium® NEXT program.  An additional $100 million, five-year revolving loan facility is also included in the new agreement.
Oct 29, 2019 07:01 am ET
Iridium Announces Third-Quarter 2019 Results; Updates 2019 Outlook
MCLEAN, Va., Oct. 29, 2019 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the third quarter of 2019 and updated its full-year 2019 outlook.  Net loss was $18.0 million, or $0.14 per diluted share, for the third quarter of 2019, as compared to net loss of $12.9 million, or $0.13 per diluted share, for the third quarter of 2018.  This increase in net loss was primarily the result of a $12.4 million increase in depreciation and amortization expense compared to the year-ago period.  Operational EBITDA ("OEBITDA")(1) for the third quart
Oct 21, 2019 07:31 pm ET
Iridium Adds Industry Powerhouse Intellian to Iridium Certus® Maritime Portfolio
MCLEAN, Va., Oct. 21, 2019 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced Intellian as the newest manufacturer of Iridium CertusTM maritime terminals. Intellian is introducing the C700 terminal which will enable a variety of applications including safety, bridge and crew welfare communications, connected ship IoT capabilities like engine monitoring and remote diagnostics, as well as situational awareness reports.
Oct 08, 2019 07:01 am ET
Iridium Announces Release Date For Third-Quarter 2019 Financial Results
MCLEAN, Va., Oct. 8, 2019 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Tuesday, October 29, 2019 at 8:30 a.m. Eastern Time (ET) to discuss the Company's third-quarter 2019 financial results. In advance of the call on October 29, 2019, Iridium will issue its third-quarter 2019 earnings press release, which will be available at http://www.iridium.com.  To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the scheduled start
Oct 01, 2019 08:01 am ET
U.S. Department of Defense Awards Iridium 5-Year Gateway Evolution Contract Worth Up to $76 Million
MCLEAN, Va., Oct. 1, 2019 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced that it has been awarded a 5-year, indefinite delivery/indefinite quantity (IDIQ) contract from the Defense Information Systems Agency on behalf of the United States Air Force Space Command (AFSpC) with potential revenues up to $76 million.  Known as the Gateway Evolution Contract (GEC), this contract enables ongoing innovation and critical enhancements for the U.S. Government's dedicated Iridium gateway.  It will enable adoption of the latest technology upgrades, both hardware and software,
Sep 17, 2019 12:05 pm ET
Iridium and OneWeb to Collaborate on a Global Satellite Services Offering
MCLEAN, Va. and LONDON, Sept. 17, 2019 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) and OneWeb today announced they have entered into a Memorandum of Understanding (MoU) to work together toward a combined service offering. This combined service offering would be designed to make it easier for their mutual partners to offer unique bundling and co-marketing opportunities for the Iridium Certus® L-band services and OneWeb's Ku-band service. The offering would leverage the strengths of their respective low-Earth-orbit (LEO) networks.  This is the first time that LEO operators have
Sep 16, 2019 07:01 am ET
Iridium Awarded 7-Year, $738.5 Million Contract by the U.S. Department of Defense
MCLEAN, Va., Sept. 16, 2019 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced that it has been awarded a $738.5 million, seven-year, fixed-price contract with the United States Department of Defense through the U.S. Air Force Space Command (AFSpC) to provide unlimited satellite services from its unique Low Earth Orbit (LEO) constellation.  Through what is known as the AFSpC's Enhanced Mobile Satellite Services (EMSS) program, Iridium will continue to deliver access to global secure and unsecure voice, broadcast, netted or Distributed Tactical Communications System (D
Sep 12, 2019 08:01 am ET
Lars Thrane Makes its Iridium Certus® Debut with the LT-4200 Maritime Satcom System
MCLEAN, Va., Sept. 12, 2019 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced Lars Thrane A/S as the newest Iridium Certus terminal manufacturer and together unveiled the LT-4200 maritime satcom system. The new terminal will be one of the first to support the Iridium Certus 200 service class, that features upload and download speeds of up to 176 Kbps over Iridium's L-band network.  It is designed for demanding maritime environments, such as those experienced by fishing vessels and other workboats, that desire faster speeds but want to avoid the coverage limitations,
Aug 21, 2019 08:01 am ET
New Iridium Certus™ Transceiver for Faster Satellite IoT, Data and High Quality Voice Applications Now in Live Testing
MCLEAN, Va., Aug. 21, 2019 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced the first 10 approved beta partners developing new products based on the state-of-the-art Iridium Certus 9770 transceiver. Each partner has received operational beta units, which have been undergoing extensive testing designed to fine-tune both the new transceiver and the first new solutions they will enable in preparation for service activation. Small and highly mobile, like previous Iridium® devices, the Iridium Certus 9770 transfers IP data over 35 times faster than its predecessors while
Jul 30, 2019 07:31 am ET
IMOCA Appoints Iridium its Official Communications Partner
MCLEAN, Va., July 30, 2019 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced today that the International Monohull Open Class Association (IMOCA), has named Iridium as their Official Communications Partner for the 2019-2021 race season.  IMOCA has also chosen Thales as its partner and sole provider of Iridium Certus L-band broadband equipment and will equip the IMOCA racing fleet with their VesseLINK connectivity solution. From June 2019 to June 2021, IMOCA race teams will rely upon Iridium Certus® as their primary means of satellite communication. Together, Iridium and Th
Jul 23, 2019 07:01 am ET
Iridium Announces Second-Quarter 2019 Results; Reaffirms 2019 Outlook
MCLEAN, Va., July 23, 2019 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the second quarter of 2019 and affirmed its full-year 2019 outlook.  Net loss was $18.1 million, or $0.16 per diluted share, for the second quarter of 2019, as compared to net loss of $4.4 million, or $0.06 per diluted share, for the second quarter of 2018.  This increase in net loss was primarily the result of a $24.6 million increase in depreciation and amortization expense compared to the year-ago period.  Operational EBITDA ("OEBITDA")(1) for the second q
Jul 23, 2019 06:30 am ET
Iridium Communications, Inc. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / July 23, 2019 / Iridium Communications, Inc. (NASDAQ: IRDM) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on July 23, 2019 at 8:30 AM Eastern Time.
Jul 02, 2019 07:01 am ET
Iridium Announces Release Date For Second-Quarter 2019 Financial Results
MCLEAN, Va., July 2, 2019 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Tuesday, July 23, 2019 at 8:30 a.m. Eastern Time (ET) to discuss the Company's second-quarter 2019 financial results.  In advance of the call on July 23, 2019, Iridium will issue its second-quarter 2019 earnings press release, which will be available at http://www.iridium.com.  To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call.  Please dial in five minutes prior to the scheduled start ti
May 22, 2019 07:01 am ET
Iridium To Present At William Blair Growth Stock Conference
MCLEAN, Va., May 22, 2019 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today announced that Chief Executive Officer Matthew J. Desch is scheduled to speak at the William Blair Growth Stock Conference in Chicago on Wednesday, June 5, 2019 at 10:40 a.m. CT.  The presentation will be simultaneously audio webcast at http://investor.iridium.com.  The audio webcast will be archived for 30 days following the conference.
May 07, 2019 02:01 pm ET
Iridium Certus® Wins Top Connected Platform Solution Award at SATELLITE 2019
MCLEAN, Va., May 7, 2019 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced today that Iridium Certus has won the award for "Top Connected Platform" during the annual Mobile Satellite Users Association (MSUA) Mobility Satellite Innovation Awards at SATELLITE 2019.  Iridium Certus is a unique platform that enables both the development and adoption of specialty broadband applications while serving as the world's only truly global commercial broadband service.  The "Top Connected Platform" award comes less than four months after the service made its acclaimed commercial debut
Apr 23, 2019 07:01 am ET
Iridium Announces First-Quarter 2019 Results; Company Affirms 2019 Outlook
MCLEAN, Va., April 23, 2019 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the first quarter of 2019 and affirmed its full-year 2019 outlook.  Net loss was $18.0 million, or $0.18 per diluted share, for the first quarter of 2019, as compared to net income of $11.5 million, or $0.07 per diluted share, for the first quarter of 2018.  This decrease in net income was primarily the result of a $34.5 million increase in depreciation and amortization expense compared to the year-ago period.  Operational EBITDA ("OEBITDA")(1) for the first
Apr 22, 2019 08:01 am ET
Iridium Awarded Gateway Support and Maintenance Contract by the U.S. Department of Defense
MCLEAN, Va., April 22, 2019 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced today that it has been awarded a new contract by the Defense Information Systems Agency (DISA) to continue supporting the U.S. Department of Defense (DoD) Enhanced Mobile Satellite Service (EMSS) gateway. The contract, valued at $54 million over 4.5 years, for Gateway Maintenance and Support Service (GMSS), will ensure that this dedicated ground site continues to operate at peak efficiency and in optimal condition for critical U.S. DoD missions.
Apr 16, 2019 08:01 am ET
Historic Public Services Agreement Signed as Iridium Continues Readying GMDSS Services for Launch
MCLEAN, Va., April 16, 2019 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced today the signing of their Public Services Agreement (PSA) with the International Mobile Satellite Organization (IMSO), which details the conditions for IMSO to act as regulator and maintain oversight of Iridium's Global Maritime Distress and Safety System (GMDSS) services.
Apr 04, 2019 04:01 pm ET
Iridium Announces Release Date For First-Quarter 2019 Financial Results
MCLEAN, Va., April 4, 2019 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Tuesday, April 23, 2019 at 8:30 a.m. Eastern Time (ET) to discuss the Company's first-quarter 2019 financial results.  In advance of the call on April 23, 2019, Iridium will issue its first-quarter 2019 earnings press release, which will be available at http://www.iridium.com.  To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call.  Please dial in five minutes prior to the scheduled start t
Mar 28, 2019 08:01 am ET
Iridium Enhances Network with New Southern Hemisphere Ground Station
MCLEAN, Va., March 28, 2019 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced today the commercial service activation of a new southern hemisphere ground station, located in Punta Arenas, Chile.  The addition of the Punta Arenas teleport network site adds geographic diversity to Iridium's ground stations as its only southern hemisphere site, establishing a new layer of network redundancy for the constellation.  This new site strengthens an already exceptional space and ground network by enhancing Iridium's ability to manage network traffic, capacity and availability rates.
Feb 28, 2019 06:01 am ET
Iridium Announces Record 2018 Results; Company Issues 2019 Outlook
MCLEAN, Va., Feb. 28, 2019 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the fourth quarter of 2018 and issued its full-year 2019 guidance.  Net loss was $7.6 million, or $0.09 per diluted share, for the fourth quarter of 2018, as compared to net income of $141.9 million, or $1.10 per diluted share, for the fourth quarter of 2017.  This decrease in net income was primarily the result of a reduced income tax benefit compared to the year-ago period and an increase in net interest expense.  Operational EBITDA ("OEBITDA")(1) for the f
Feb 19, 2019 04:00 pm ET
Iridium Announces 2019 Analyst Day
MCLEAN, Va., Feb. 19, 2019 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") is hosting its 2019 analyst day on Thursday, March 7, 2019 at 8:30 a.m. ET.  The event will feature presentations from senior Iridium management, including Chief Executive Officer Matthew J. Desch and Chief Financial Officer Thomas J. Fitzpatrick.  Participants can expect to gain unique insights and knowledge about the company's business activities and outlook.
Feb 12, 2019 08:20 am ET
Analysis: Positioning to Benefit within Digital Realty Trust, Iridium Communications, RBC Bearings, AxoGen, Independence Contract Drilling, and Safety Insurance Group — Research Highlights Growth, Rev
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Digital Realty Trust, Inc. (NYSE:DLR), Iridium Communications Inc...
Feb 07, 2019 03:01 pm ET
Iridium Announces Release Date For Fourth-Quarter 2018 Financial Results
MCLEAN, Va., Feb. 7, 2019 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Thursday, February 28, 2019 at 8:30 a.m. Eastern Time (ET) to discuss the Company's fourth-quarter 2018 financial results.  In advance of the call on February 28, 2019, Iridium will issue its fourth-quarter 2018 earnings press release, which will be available at http://www.iridium.com.  To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call.  Please dial in five minutes prior to the scheduled
Feb 06, 2019 10:18 am ET
Iridium Declares Victory; $3 Billion Satellite Constellation Upgrade Complete
MCLEAN, Va., Feb. 6, 2019 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today hailed the completion of its $3 billion satellite constellation upgrade campaign known as Iridium® NEXT, during a press conference held at the National Press Club in Washington, D.C. During the press conference, the company also used the opportunity to introduce a new small-form-factor transceiver known as the Iridium CertusSM 9770, which will enable creation of new consumer and industrial applications that are highly portable and IoT-friendly, optimized for small size and low cost, yet with higher spe
Feb 01, 2019 07:01 am ET
Iridium Welcomes New COO; Honors Retiring Predecessor
MCLEAN, Va., Feb. 1, 2019 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced today that COO Scott Smith has decided to retire effective March 15th.  Smith led Iridium's technology and operations, including Iridium® NEXT, which recently completed its final launch.  Smith will continue to work with Iridium in a consulting role as the handoff to his successor is completed, with the company wishing him well in his greatly earned retirement. In conjunction with this announcement, the company is welcoming back to Iridium new Chief Operations Officer Suzi McBride. McBride will ass
Jan 16, 2019 06:01 am ET
Iridium Certus(SM) Goes Live; World's First Truly Global Broadband Service
MCLEAN, Va., Jan. 16, 2019 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced today the commercial launch of its Iridium Certus broadband service, the first new capability activated from the company's $3 billion Iridium® NEXT satellite replacement program.  Iridium Certus is a unique platform designed for the development of specialty applications and is the world's only truly global broadband service, offering on-the-move internet and high-quality voice access.  The service enables mobile office functionality for deployed teams and two-way remote communication for assets, a
Jan 11, 2019 11:09 am ET
Iridium Completes Historic Satellite Launch Campaign
MCLEAN, Va., Jan. 11, 2019 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced today that at 07:31 am PST (15:31 UTC) a flight-proven SpaceX Falcon 9 rocket launched from Vandenberg Air Force Base and delivered the final 10 Iridium® NEXT satellites to low earth orbit (LEO). All 10 satellites have successfully communicated with the Iridium Satellite Network Operations Center and are preparing to undergo initial on-orbit testing. This was the eighth and final launch for Iridium's historic launch campaign with SpaceX, seeing a total of 75 new satellites deployed over less than
Nov 27, 2018 07:45 am ET
Consolidated Research: 2018 Summary Expectations for The Hackett Group, Green Plains, Malibu Boats, Hawaiian Electric Industries, Iridium Communications, and Glaukos — Fundamental Analysis, Key Perfor
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The Hackett Group, Inc. (NASDAQ:HCKT), Green Plains, Inc. (NASDAQ:GPRE),...
Nov 09, 2018 07:01 am ET
Communicate Globally in Real Time at the Push of a Button with Iridium and Icom Inc.
MCLEAN, Va., Nov. 9, 2018 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced today that Icom Incorporated (Icom) has joined its partner ecosystem as a licensed Value-Added Manufacturer (VAM) and will be developing the world's first truly global push-to-talk-only (PTT) radio handheld. Based in Japan, Icom is a world-class manufacturer of two-way handheld radios and will harness their extensive expertise in the making of their first Iridium® handheld.  This new device will be ideally suited for remote workers, first responders, global military, NGOs and other organizations in
Oct 25, 2018 07:01 am ET
Iridium Announces Third-Quarter 2018 Results; Company Raises 2018 Outlook
MCLEAN, Va., Oct. 25, 2018 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the third quarter of 2018 and updated its full-year 2018 outlook.  Net loss was $12.9 million, or $0.13 per diluted share, for the third quarter of 2018, as compared to net income of $29.3 million, or $0.23 per diluted share, for the third quarter of 2017.  This decrease in net income was primarily the result of a $39.2 million increase in depreciation and amortization expense from the year-ago period, reflecting an increased number of Iridium NEXT satellites
Oct 11, 2018 09:00 am ET
Investor Expectations to Drive Momentum within Materion, Iridium Communications, Natural Health Trends, Revance Therapeutics, Baxter International, and Alexion Pharmaceuticals — Discovering Underlying
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Materion Corporation (NYSE:MTRN), Iridium Communications Inc...
Oct 05, 2018 10:36 am ET
Iridium Announces Release Date For Third-Quarter 2018 Financial Results
MCLEAN, Va., Oct. 5, 2018 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Thursday, October 25, 2018 at 8:30 a.m. Eastern Time (ET) to discuss the Company's third-quarter 2018 financial results.  In advance of the call on October 25, 2018, Iridium will issue its third-quarter 2018 earnings press release, which will be available at http://investor.iridium.com.  To participate in the teleconference, callers can dial 1-412-858-4600 and ask for the Iridium Communications Inc. conference call.  Please dial in five minutes prior to the schedule
Sep 27, 2018 09:45 am ET
Iridium to Simplify Adoption of IoT Solutions Beyond Cellular Coverage with Amazon Web Services
MCLEAN, Va., Sept. 27, 2018 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) announced today it has joined the Amazon Web Services (AWS) Partner Network (APN) and has been collaborating with AWS on the development of Iridium CloudConnect, the first and only satellite cloud-based solution that offers truly global coverage for Internet of Things (IoT) applications. Enabled by the Iridium® network, and planned for launch in 2019, this new Iridium service will make Iridium IoT services available with AWS IoT, extending the reach of AWS's powerful suite of services to the more than 80 pe
Sep 25, 2018 04:02 pm ET
Iridium To Present At Deutsche Bank Leveraged Finance Conference
MCLEAN, Va., Sept. 25, 2018 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today announced that Chief Executive Officer Matthew J. Desch is scheduled to present at the Deutsche Bank 26th Annual Leveraged Finance Conference in Scottsdale, Arizona on Wednesday, October 3, 2018 at 10:40 a.m. PT.  The presentation will be simultaneously audio webcast at http://investor.iridium.com/events. The audio webcast will be archived for 30 days following the conference.
Sep 25, 2018 08:01 am ET
The Ocean Cleanup chooses Iridium
MCLEAN, Va., Sept. 25, 2018 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) announced today that it has been selected as the preferred provider of satellite communications services for The Ocean Cleanup , the non-profit organization deploying advanced technologies to rid the world's oceans of plastic. The Ocean Cleanup is embarking on one of the largest environmental initiatives of this generation by cleaning up ocean plastic debris, starting with what's known as the Great Pacific Garbage Patch. The Ocean Cleanup has chosen Iridium L-band satellite broadband services to support thi
Sep 11, 2018 08:01 am ET
Satcom Direct and Iridium Partner to Deliver Iridium Certus(SM) Terminals and Services to the Aviation Industry
MCLEAN, Va., Sept. 11, 2018 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced today that Satcom Direct, Inc. (SD) is the newest Value Added Manufacturer (VAM) and service provider for Iridium Certus aviation products. SD will be designing and manufacturing new terminals for compatibility with the Iridium Certus service, while also providing the service direct to the business aviation community. The new products and services are being added to the SD Connectivity portfolio, integrating with the company's existing technology and software value-adds to enhance the end user ex
Sep 05, 2018 02:01 am ET
Iridium's Maritime Business Continues Momentum with Additional Service Providers for Iridium Certus(SM)
MCLEAN, Va., Sept. 5, 2018 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced today that KDDI Corporation, Navarino and NSSLGroup Ltd,. are the newest Iridium Certus service providers for the maritime industry.  Critical to the enablement of the digitalization of shipping, Iridium Certus will offer a superior L-band satellite broadband connectivity solution, making its service providers invaluable in delivering it to their customers around the world.
Aug 30, 2018 08:01 am ET
Iridium and Rolls-Royce Marine to Expand the Reach and Capabilities of Autonomous Vessels
MCLEAN, Va., Aug. 30, 2018 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced today the signing of a Letter of Intent with smart shipping pioneer Rolls-Royce Marine (RRM), in support of their autonomous vessel development program. Through this arrangement, RRM and Iridium will work together to explore incorporating Iridium's next-generation L-band satellite broadband service, Iridium CertusSM, into the RRM suite of Ship Intelligence solutions.  By doing so, RRM will have a resilient and reliable broadband capability that can serve as a standalone option or high throughput b
Aug 07, 2018 07:30 am ET
New Research Coverage Highlights Titan International, Revance Therapeutics, Ryerson Holding, Iridium Communications, Chase, and Peoples — Consolidated Revenues, Company Growth, and Expectations for 20
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Titan International, Inc. (NYSE:TWI), Revance Therapeutics, Inc....
Jul 31, 2018 07:01 am ET
Iridium Announces Second-Quarter 2018 Results; Company Raises 2018 Outlook
MCLEAN, Va., July 31, 2018 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the second quarter of 2018 and raised its full-year 2018 outlook.  Net loss was $4.4 million, or $0.06 per diluted share, for the second quarter of 2018, as compared to net income of $24.8 million, or $0.20 per diluted share, for the second quarter of 2017.  This decrease in net income was primarily the result of a $30.3 million increase in depreciation and amortization expense from the year-ago period, reflecting an increased number of Iridium NEXT satellite
Jul 30, 2018 08:01 am ET
Seventh Set of Iridium® NEXT Satellites are Performing Well During Pre-Operational Testing
MCLEAN, Va., July 30, 2018 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) announced today that the 10 Iridium NEXT satellites launched on Wednesday, July 25th, by SpaceX are functioning nominally and have begun the testing and validation process. The launch brought the total number of Iridium NEXT satellites in orbit to 65, leaving just one more launch of 10 satellites to complete the Iridium NEXT launch program.
Jul 25, 2018 09:11 am ET
Iridium Completes Seventh Successful Iridium® NEXT Launch
MCLEAN, Va., July 25, 2018 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced today that at 04:39:30 am PDT (11:39:30 UTC) a SpaceX Falcon 9 rocket successfully launched 10 Iridium NEXT satellites to low earth orbit (LEO). Lifting off from Vandenberg Air Force Base in California, this was the seventh of eight launches planned for the Iridium NEXT constellation, replacing the company's existing 66 satellite network. Only one more launch of 10 satellites remains until the Iridium NEXT network is completed, ushering in a new era of capabilities, like the Iridium CertusSM broad
Jul 23, 2018 08:01 am ET
Rockwell Collins and Iridium Partner to Deliver Next-Generation Aviation Services
MCLEAN, Va., July 23, 2018 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced Rockwell Collins (NYSE:COL) as the newest Iridium Certus service provider for the aviation industry.  Rockwell Collins will be adding the service to its comprehensive suite of aircraft connectivity applications for commercial, government and ARINCDirectSM business customers. 
Jul 10, 2018 08:01 am ET
Iridium Announces Updated Dates for Iridium-7 Launch and Second-Quarter 2018 Earnings Call
MCLEAN, Va., July 10, 2018 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced today an updated launch date for the seventh Iridium® NEXT launch and as a result, a revised date for its second-quarter 2018 earnings call. The Iridium-7 mission is now targeting July 25, 2018 from Vandenberg Air Force Base (VAFB) in California with an instantaneous launch window of 4:39:26 am PDT (11:39:26 UTC). This updated schedule comes after SpaceX informed Iridium that more time was needed to prepare the rocket for launch. To accommodate this date shift, the second-quarter 2018 earnings cal
Jul 05, 2018 11:16 am ET
Iridium Announces Release Date For Second-Quarter 2018 Financial Results
MCLEAN, Va., July 5, 2018 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Thursday, July 26, 2018 at 8:30 a.m. Eastern Time (ET) to discuss the Company's second-quarter 2018 financial results.  In advance of the call on July 26, 2018, Iridium will issue its second-quarter 2018 earnings press release, which will be available at http://investor.iridium.com.  To participate in the teleconference, callers can dial 1-412-317-5413 and ask for the Iridium Communications Inc. conference call.  Please dial in five minutes prior to the scheduled st
Jun 25, 2018 11:19 pm ET
Iridium Expands Land-Mobile Distribution Partnerships for Iridium Certus(SM)
MCLEAN, Va., June 25, 2018 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced today that COMSAT Inc., Gilat Telecom, Globecomm, MetOcean Telematics, NSSLGlobal, Trace Systems and Wireless Innovation, have officially been added as Iridium CertusSM service providers for land-mobile applications. Ideal for organizations in need of "on-the-move" connectivity solutions, Iridium Certus will bring a full suite of services enabling the first truly globally connected vehicles when used with the Thales MissionLINK™ terminal. Each of these new Iridium Certus service providers will pla
Jun 15, 2018 08:01 am ET
Iridium-7 Target Launch Date Announced
MCLEAN, Va., June 15, 2018 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced today that the seventh Iridium® NEXT mission has been targeted by SpaceX for launch on July 20, 2018, from Vandenberg Air Force Base in California. The Falcon 9 rocket will launch 10 Iridium NEXT satellites to low Earth orbit (LEO) from Vandenberg Air Force Base (VAFB) in California at approximately 5:12 am PDT (12:12 UTC). An exact instantaneous launch window time will be available closer to the launch date. As the second-to-last launch of the planned Iridium NEXT program, this mission will incre
Jun 05, 2018 04:01 pm ET
Iridium To Present At William Blair Growth Stock Conference
MCLEAN, Va., June 5, 2018 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today announced that Chief Financial Officer Thomas J. Fitzpatrick is scheduled to speak at the William Blair Growth Stock Conference in Chicago on Wednesday, June 13, 2018 at 9:20 a.m. CT.  The presentation will be simultaneously audio webcast at http://investor.iridium.com.  The audio webcast will be archived for 30 days following the conference.
Jun 05, 2018 01:01 am ET
Iridium Continues to Attract World Class Maritime Service Providers for Iridium Certus(SM)
MCLEAN, Va., June 5, 2018 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced today that seven additional service providers have signed agreements to provide the Iridium Certus service for maritime applications. Globecomm, Network Innovations, Pivotel, MVS USA, IEC-Telecom, MetOcean and Samsan Enterprise Company now further broaden the base of Iridium's distribution for its next-generation L-band broadband service.  These seven companies will play a critical role in delivering what will be the fastest and most competitive L-band satellite broadband solution to the maritime i
May 29, 2018 02:01 am ET
Gogo and Iridium Partner to Deliver Best-in-Class Aircraft Connectivity
MCLEAN, Va., May 29, 2018 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced Gogo (NASDAQ: GOGO) as the newest value-added manufacturer (VAM) for Iridium Certus aviation terminals. Gogo has also been selected as an Iridium Certus service provider, making it the first company to design and manufacture terminals, while also providing the new L-band broadband service for business aviation.  Iridium Certus is the ideal solution for airline flightdeck communications, rotorcraft, and business jet flightdeck and cabin connectivity.
May 22, 2018 05:27 pm ET
Iridium Completes Sixth Successful Iridium® NEXT Launch
Iridium Communications Inc. (NASDAQ:IRDM) announced today that at 12:47:58pm PDT (19:47:58 UTC) SpaceX successfully launched five Iridium NEXT satellites from Vandenberg Air Force Base in California.  The Iridium satellites were joined by the twin...
May 21, 2018 04:28 pm ET
Iridium Makes Maritime Industry History
Iridium Communications Inc. (NASDAQ:IRDM) announced today that the International Maritime Organization’s (IMO) Maritime Safety Committee (MSC) agreed to recognize that the Iridium network meets all the criteria of the IMO needed to provide mobile...
May 02, 2018 08:20 am ET
Detailed Research: Economic Perspectives on NewMarket, MSG Networks, Iridium Communications, ACI Worldwide, Central Garden & Pet, and Graham — What Drives Growth in Today's Competitive Landscape
NEW YORK, May 02, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of NewMarket Corporation (NYSE:NEU), MSG Networks Inc....
Apr 26, 2018 07:01 am ET
Iridium Announces First-Quarter 2018 Results; Company Affirms 2018 and Long-Range Outlook
MCLEAN, Va., April 26, 2018 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) (“Iridium”) today reported financial results for the first quarter of 2018 and affirmed its full-year 2018 and long-range outlook.  Net income was $11.5 million, or $0.07...
Apr 09, 2018 08:01 am ET
Iridium Announces Target Launch Date for the Iridium-6/GRACE-FO Mission
Unique “Rideshare” Mission will Deploy Two Sets of Satellites in Two Separate Orbits
Apr 05, 2018 04:01 pm ET
Iridium Announces Release Date for First-Quarter 2018 Financial Results
MCLEAN, Va., April 05, 2018 (GLOBE NEWSWIRE) --
Apr 03, 2018 08:01 am ET
Fifth Set of Iridium® NEXT Satellites Begin Pre-Operational Testing
MCLEAN, Va., April 03, 2018 (GLOBE NEWSWIRE) -- Iridium Communications announced today that the fifth set of 10 Iridium NEXT satellites, launched Friday by SpaceX, are functioning nominally and have begun the testing and validation process. Not only...
Mar 30, 2018 11:49 am ET
Fifth Successful Iridium® NEXT Launch Completed as Iridium Surpasses 1 Million Subscribers
50 Iridium NEXT Satellites Are Now in Orbit as Iridium Nears Completion of New Global Communications Network
Mar 27, 2018 08:01 am ET
Iridium and Speedcast Partner to Deliver Next-Generation Satellite Broadband Solutions
Speedcast signs on as an Iridium Certus℠ service provider for land-mobile applications
Mar 19, 2018 08:15 am ET
Recent Analysis Shows Iridium Communications, TPI Composites, First Internet, Destination Maternity, HTG Molecular Diagnostics, and 8x8 Market Influences — Renewed Outlook, Key Drivers of Growth
NEW YORK, March 19, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Iridium Communications Inc (NASDAQ:IRDM), TPI Composites,...
Mar 16, 2018 12:43 pm ET
Iridium Communications Inc. Prices Offering of Senior Unsecured Notes
MCLEAN, Va., March 16, 2018 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) (the “Company”) today announced that it has priced $360 million in aggregate principal amount of its senior unsecured notes due 2023 (the “Notes”). The Notes will...
Mar 13, 2018 08:01 am ET
Iridium Certus(SM) Distribution Expands; Enables Globally ‘Connected Vehicles’, Assets and Teams
On-the-Move Connectivity Extends Beyond Cellular with Iridium Certus Broadband
Mar 12, 2018 07:31 am ET
All 10 Satellites for the Fifth Iridium® NEXT Launch Have Arrived at Vandenberg Air Force Base
Satellites are Undergoing Pre-Launch Preparation for Late-March SpaceX Launch, the First Iridium Launch of 2018
Mar 09, 2018 07:10 am ET
Iridium Communications Inc. Announces Proposed Private Offering
MCLEAN, Va., March 09, 2018 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) (the “Company”) today announced the commencement of a private offering of $360 million in aggregate principal amount of senior notes due 2023 (the “Notes”).
Feb 28, 2018 08:01 am ET
Iridium Certus(SM) Readies for Takeoff with Aviation Service Providers
Small-Form-Factor Antennas and Industry-Leading L-band Speeds to Alter the Status-quo with Next-Generation Broadband Service
Feb 22, 2018 07:01 am ET
Iridium Announces Fourth-Quarter and Full-Year 2017 Results; Company Issues 2018 Outlook
MCLEAN, Va., Feb. 22, 2018 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) (“Iridium”) today reported financial results for the fourth quarter of 2017, issued its full-year 2018 guidance and updated its long-range outlook.  Net income was $141.9 million,...
Feb 22, 2018 06:30 am ET
Iridium Communications Inc. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 22, 2018 / Iridium Communications Inc. (NASDAQ: IRDM) will be discussing their earnings results in their Q4 Earnings Call to be held on February 22, 2018 at 8:30 AM Eastern Time.
Feb 19, 2018 08:01 am ET
Iridium Certus(SM) Mission-Critical Broadband Readies for Department of Defense Users with COMSAT
Iridium Certus to provide secure, reliable and global next-generation satellite communications solutions to government end users
Feb 16, 2018 04:01 pm ET
Iridium to Participate at March Conferences
MCLEAN, Va., Feb. 16, 2018 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) (“Iridium”) today announced that Chief Financial Officer Thomas J. Fitzpatrick is scheduled to participate in three conferences in March:
Feb 14, 2018 08:01 am ET
Maritime Industry Readies for a New Era of Choice with Iridium Certus(SM) Global Launch Partners
Industry Leaders Ready to Offer Next-Generation Pole-to-Pole Satellite Broadband Connectivity for Maritime Applications
Feb 07, 2018 08:01 am ET
Iridium Announces First Land-Mobile Service Providers for Iridium Certus(SM)
Iridium Certus to Redefine Mobile-Broadband Connectivity for Mission-Critical Applications
Feb 01, 2018 04:01 pm ET
Iridium Announces Release Date for Fourth-Quarter 2017 Financial Results
MCLEAN, Va., Feb. 01, 2018 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) (“Iridium”) will host a conference call on Thursday, February 22, 2018 at 8:30 a.m. Eastern Time (ET) to discuss the Company’s fourth-quarter 2017 financial results.  In...
Jan 22, 2018 08:01 am ET
Iridium Announces Date for Fifth Iridium® NEXT Launch
First Iridium launch of 2018 set to begin rapid launch cadence targeting completion by mid-year
Jan 17, 2018 08:30 am ET
Report: Exploring Fundamental Drivers Behind The Chefs' Warehouse, Iridium Communications, MoSys, Milacron, El Paso Electric, and Taubman Centers — New Horizons, Emerging Trends, and Upcoming Developm
NEW YORK, Jan. 17, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The Chefs' Warehouse, Inc. (NASDAQ:CHEF), Iridium...
Dec 22, 2017 10:06 pm ET
Iridium® NEXT Launch Campaign Reaches its Halfway Point with a Fourth Successful Launch
Iridium closes out 2017 with more than half of the Iridium NEXT constellation now in orbit
Nov 28, 2017 08:01 am ET
Iridium Nears Launch Campaign Midway Point as All 10 Satellites Arrive at Vandenberg Air Force Base
Iridium-4 to create historic moment, making Iridium the first company to re-use the same rocket booster
Sep 07, 2017 08:01 am ET
Iridium Exploring Advanced NewSpace Satellite IoT Opportunities
MCLEAN, Va., Sept. 07, 2017 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (NASDAQ:IRDM) announced today that it has signed a Memorandum of Understanding (MoU) with Magnitude Space, an emerging small satellite company.  The signing of this MoU signals Iridium’s interest in exploring collaborative partnerships with complementary NewSpace players, particularly those in the SmallSat low-power arena.  As part of this MoU, the companies will begin discussions on how to collaboratively expand opportunities for space-based Internet of Things (IoT) services with the development of reliable, Low Pow...

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