Iridium Communications (IRDM) is slated to release second-quarter 2024 results on Jul 23. IRDM's earnings beat the Zacks Consensus Estimate in one of the trailing four quarters while missing in two quarters. It matched the estimate in the remaining quarter with the average earnings surprise being a negative 33.3%. Iridium's second-quarter performance is likely to have gained momentum in the Service segment's revenues and increasing subscriber base. Service revenues contributed 73% to total revenues in the f ...

MCLEAN, Va., July 10, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced that for a second time, its Tempe, Arizona facility has received the James S. Cogswell Outstanding Industrial Security Achievement Award. A distinction presented by the Defense Counterintelligence and Security Association (DCSA) during the annual Society of Industrial Security Professionals (NCMS) training seminar, the award honors compa ...

| --- | --- | --- | --- | |---------------------------------------------|-------|-------|-------| | | | | | | Kenneth Levy | | | | | Iridium Communications Inc. | | | | | +1 (703) 287-7570 | | | | | [email protected] | | | | | Press Contact: | | | | | Jordan Hassin Iridium Communications Inc. | | | | | +1 (703) 287-7421 | | | | | [email protected] | | | | | | | | | MCLEAN, Va., July 2, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data sa ...

Increased international demand from partners to accelerate market adoption worldwide "We're cognizant of the threats facing GNSS-reliant critical infrastructure around the world and our responsibility to deploy the antidote as quickly as possible," said Iridium CEO, Matt Desch. "The average person is more and more aware of how important systems like GPS are in our day-to-day lives, and when Iridium recently acquired Satelles, I pledged to step on the gas and expand market availability for this increasingly ...

In April 2024, it inked a five-year commercial contract with L3Harris Technologies, wherein Iridium Satellite Time and Location service will be leveraged in more than 36 L3Harris-operated communications network backbone nodes and Federal Aviation Administration facilities across the United States. Iridium Communications (IRDM) recently signed a five-year contract with the United States Space Force's Space Systems Command's Commercial Space Office. The multi-faceted contract is for Enhanced Mobile Satellite ...

MCLEAN, Va., June 4, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced it has been awarded a new five- year contract by the United States Space Force's Space Systems Command's Commercial Space Office (COMSO) for Enhanced Mobile Satellite Services (EMSS) capabilities and security sustainment services (ECS3). In support of the Iridium EMSS program, the ECS3 contract will ensure continued optimal operations of ...

Iridium partner American Aerospace received FAA approval for BVLOS drone operations on behalf of a recently announced oil and gas industry customer, based on proven Detect and Avoid aircraft right of way capability MCLEAN, Va., May 15, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice and data satellite communications, today announced a historic development for uncrewed aerial systems (UAS) operations beyond visual line of sight (BVLOS). Iridium partner Amer ...

Iridium Communications (IRDM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this satellite phone company have returned +18.3%, compared to the Zacks S&P 500 composite's -0.3% change. During this period, the Zacks Satellite and Communication industry, which Iridium falls in, has gained 13.7%. The key question now is: What could be the stock's futu ...

(Kitco News) - The industrial demand for iridium and ruthenium is outstripping mined supply, pushing the need for recycling, says Green Rush host Matt Watson.On April 24, Watson recorded an episode of Green Rush with Steven Hazelbaker, COO of Furuya Metals America, a PGM manufacturer and recycler. The topic was the platinum group metals - iridium and ruthenium - and the hydrogen economy. Watson kicked off the discussion with a chart showing that iridium and ruthenium represent a relatively small part of the ...

Iridium Communications, Inc. (NASDAQ:IRDM) Q1 2024 Earnings Conference Call April 18, 2024 8:30 AM ET Company Participants Kenneth Levy - VP, IR Matthew Desch - CEO Thomas Fitzpatrick - CFO Conference Call Participants Ric Prentiss - Raymond James Simon Flannery - Morgan Stanley Walter Piecyk - LightShed Chris Quilty - Quilty Space Hamed Khorsand - BWS Financial Louie DiPalma - William Blair Operator Good morning, and welcome to the Iridium Communications First Quarter 2024 Earnings Conference Call. All par ...