Telecommunication Services

Iridium Comm

Iridium to Acquire Remaining 61% of Aireon for $366.7 Million

Iridium Communications Reiterates 2026 Outlook, Shares Fall

Iridium Comm released FY2026 Q1 earnings on April 23 Pre-Market (EST), actual revenue USD 219.06 M (forecast USD 219.18 M), actual EPS USD 0.2 (forecast USD 0.276)

Iridium Reports First Quarter Earnings

Iridium Comm to Release FY2026 Q1 Earnings on April 23 Pre-Market EST, Forecast Revenue USD 219.18 M, EPS USD 0.276

NextPlat Signs Two-year Contract with UK Government Supplier for Satellite-supported IoT Terminals

Iridium Communications released FY2025 Annual Earnings on February 12 Pre-Market (EST), actual revenue USD 0 (forecast USD 878.05 M), actual EPS USD 0 (forecast USD 1.0685)

Iridium Comm released FY2025 Q4 earnings on February 12 Pre-Market EST, actual revenue USD 212.94 M (forecast USD 219.14 M), actual EPS USD 0.2379 (forecast USD 0.2403)

Iridium Comm to Release FY2025 Q4 Earnings on February 12, Pre-Market EST; Forecast Revenue USD 219.14 M, EPS USD 0.2403

Iridium Certifies New LDS Hat Antenna and Evaluation Board

KYOCERA AVX Launches New LDS Capacitive Antenna Optimized for Iridium Satellite IoT Applications

Iridium Communications Director Sold Common Stock

Iridium Communications CEO Announces Acquisition of Company Shares

Iridium Communications Director Robert H. Niehaus Buys Company Stock

Iridium Communications Launches Enhanced Security Chip Iridium PNT ASIC

Brookwood Investment Group Acquires New Position in Iridium Communications

Hamed Khorsand issues a sell rating for Iridium Communications

Clear Street Maintains Hold Rating on Iridium Communications

Analyst Recommends Buy Rating for Iridium Communications Stock

Iridium Comm released FY2025 Q3 earnings on October 23 Pre-Market (EST), actual revenue USD 226.94 M (forecast USD 222.13 M), actual EPS USD 0.3499 (forecast USD 0.255)

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AMPLITECH GROUP INC. COM USD0.001 (S/R 18/07/2026)

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Iridium Communications Inc. (IRDM.US) Q1 2025 Earnings Conference Call

Iridium Communications Inc. (IRDM.US) Q4 2024 Earnings Conference Call

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Iridium Communications Inc. (IRDM) has announced its agreement to acquire the remaining 61% of Aireon LLC for approximately $366.7 million. This acquisition will fully integrate Aireon's space-based air traffic surveillance system with Iridium's satellite services. The payment will be split, with half at closing and the remainder after one year. The deal is expected to close in early July, with NAV CANADA and NATS extending their data service agreements through 2035. Iridium's shares rose 0.56% in pre-market trading following the announcement.

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Iridium To Buy Aireon For $366.7 Mln

Iridium Communications Inc. has announced its acquisition of Aireon LLC, the operator of the world's only space-based air traffic surveillance system. This strategic move aims to enhance aviation safety by integrating Aireon's surveillance and data services with Iridium's satellite network. The acquisition will extend partnerships with NAV CANADA and NATS through 2035, positioning Iridium to support the future of aviation amidst growing air traffic and safety demands. The combined platform will provide critical capabilities for tracking aircraft, communication, navigation, and operational insights, ensuring safer and more efficient airspace management.

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07:01 ETIridium to Acquire Aireon, Advancing its Strategy to Lead the Future of Aviation Safety

RD Finance Ltd has acquired a new stake in Iridium Communications Inc, purchasing 51,150 shares valued at approximately $889,000, according to a recent SEC filing. This investment represents about 0.9% of RD Finance's portfolio. Other institutional investors have also increased their stakes in Iridium. Analysts have mixed sentiments on the stock, with Zacks Research adjusting earnings estimates downward for FY2026 and FY2027, while Barclays raised its price target. Iridium's stock is currently trading at $41.46, with a market cap of $4.38 billion.

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RD Finance Ltd Acquires New Shares in Iridium Communications Inc $IRDM

Analyst Hamed Khorsand from BWS Financial has reiterated a Sell rating on Iridium Communications, maintaining a price target of $16. The decision is based on weakening fundamentals and increasing competitive pressures. First-quarter results showed a decline in IoT subscriber growth, indicating reduced demand. Additionally, Iridium's long-term strategy faces challenges in a crowded market, and its broadband services appear outdated. The current revenue outlook suggests service operations are under strain, leading to concerns about customer retention and reinforcing the Sell recommendation.

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Iridium Communications: Sell Rating Reiterated as Fundamentals Weaken and Competitive Pressures Mount; $16 Price Target Maintained