Iridium Introduces NTN Direct Service: Will the Stock Benefit?

Iridium Communications (IRDM) recently announced that the 3rd Generation Partnership Project (3GPP) has approved its request to broaden the capability of Narrowband Internet of Things (NB-IoT) for Non-Terrestrial Networks (NTN) into the official Work Plan for 3GPP Release 19 (set to conclude in the fourth quarter of 2025). This will result in Iridium's satellite service being accessed through the industry standard chipsets. The initiative augments Iridium's footprint in global connectivity through its lates ...