Welcome to our dedicated page for Iridium Comm news (Ticker: IRDM), a resource for investors and traders seeking the latest updates and insights on Iridium Comm stock.
Iridium Communications Inc. (NASDAQ: IRDM) delivers essential mobile satellite services through its unique low Earth orbit constellation, enabling global voice and data connectivity where terrestrial networks fail. This news hub provides investors and industry professionals with direct access to verified corporate developments and strategic updates.
Track all official announcements including quarterly earnings, technology partnerships, and regulatory milestones. Our curated collection simplifies monitoring IRDM's progress in critical markets like defense communications, maritime safety systems, and IoT-enabled industrial solutions.
Discover updates on the company's satellite network enhancements, government contract renewals, and emerging applications of its cross-linked LEO architecture. Each release is vetted for relevance to long-term growth drivers in global connectivity markets.
Bookmark this page for streamlined access to IRDM's evolving role in secure satellite communications. Check regularly for authoritative updates on network reliability improvements and new service deployments across remote operational environments.
Iridium Communications (NASDAQ: IRDM) has announced a specialized U.S. government version of its Iridium® 9603 module featuring Enhanced Short Burst Data (ESBD) capabilities. The new module provides secure, low-latency messaging with increased payload capacity, designed specifically for the U.S. government and approved allies. This upgrade supports the Enhanced Mobile Satellite Services (EMSS) program, offering secure voice, broadcast, and PTT services to Department of Defense subscribers globally.
The ESBD version serves as a drop-in replacement for existing 9603 SBD modules, supporting applications from command and control to asset tracking. The module will be available to EMSS-approved manufacturers in July 2025. Iridium's low-Earth orbit network provides resilient L-band connectivity and global coverage, crucial for JADC2's PACE communications architecture.
Iridium Communications (NASDAQ:IRDM) reported strong Q1 2025 financial results with net income of $30.4 million ($0.27 per diluted share), up from $19.7 million in Q1 2024. Total revenue increased 5% to $214.9 million, with service revenue growing 4% to $154.3 million.
The company's Operational EBITDA rose 6% to $122.1 million. Total billable subscribers grew 5% year-over-year to 2,443,000, driven by commercial IoT growth. Commercial service revenue, representing 59% of total revenue, increased 4% to $127.5 million.
Key highlights include:
- Commercial IoT data revenue up 11% to $43.8 million
- Engineering and support revenue increased 23% to $37.5 million
- Quarterly dividend increase planned to $0.15 per share starting Q3 2025
- 2.4 million shares repurchased for $70.0 million
The company reiterated its 2025 outlook, projecting service revenue growth of 5-7% and OEBITDA between $490-500 million.
Iridium Communications (Nasdaq: IRDM) has scheduled its first-quarter 2025 financial results conference call for Tuesday, April 22, 2025 at 8:30 a.m. Eastern Time. The company will release its Q1 2025 earnings press release prior to the call, which will be available on their investor relations website.
Investors and interested parties can participate by dialing 1-412-902-6740 and requesting the Iridium Communications conference call. The event will also be accessible via simultaneous webcast at the company's investor relations website. A replay of the webcast will be made available approximately one hour after the call concludes.
Iridium Communications Inc. (Nasdaq: IRDM) has announced a strategic partnership with World Central Kitchen (WCK) to enhance disaster relief communications. WCK, which has served over 450 million meals across six continents since 2010, will utilize Iridium's global satellite network to maintain reliable connectivity during crisis response.
The partnership provides WCK with various Iridium devices including Iridium GO! exec®, Iridium GO!®, Iridium Extreme® PTT, and Icom IC-SAT 100. These tools will enable voice calls, messaging, email, and secure group Push-to-Talk communication globally, supporting WCK's leadership teams, coordination centers, and on-site staff.
Iridium's L-band spectrum and unique network of crosslinked, polar-orbiting satellites ensure weather-resilient connections and continued operation even when local telecommunications infrastructure is compromised during disasters.
Iridium Communications (NASDAQ: IRDM) has announced that Heimdall Power has integrated the Iridium Certus 9704 module into their Neuron grid monitoring sensors. The integration enables real-time transmission of critical power line data through Iridium's global satellite network.
Heimdall's Neuron sensor, known as 'The Magic Ball', monitors power line metrics including temperature, ground clearance, and electric fault localization. The solution increases transmission capacity of existing infrastructure by 40% while providing comprehensive grid awareness. This integration is particularly valuable in areas without cellular coverage.
According to Heimdall Power's CEO, 99% of high voltage powerlines currently lack sensors. The Iridium Certus 9704 module, featuring Iridium Messaging Transport technology, supports satellite IoT applications with real-time data analysis, analytics, and automated decision-making capabilities, delivering data, picture, and audio messages for industrial IoT and machine-to-machine applications.
Iridium Communications (Nasdaq: IRDM), a leading global satellite communications provider, has announced its participation in two major investor conferences in March 2025. The company will present at the Raymond James 46th Annual Institutional Investors Conference on March 3 at 11:35 a.m. ET, followed by the Deutsche Bank 33rd Annual Media, Internet & Telecom Conference on March 10 at 4:20 p.m. ET.
Both conference presentations will be accessible via webcast through Iridium's Investor Relations website section at http://investor.iridium.com/events, with recordings available for seven days following each event.
Iridium Communications (IRDM) reported its Q4 and full-year 2024 results, with Q4 net income of $36.3M ($0.32 per share) and full-year net income of $112.8M ($0.94 per share). Total revenue for 2024 reached $830.7M, up 5% year-over-year, with service revenue at $614.9M.
The company returned a record $469M to shareholders in 2024 through dividends and share repurchases. Total billable subscribers grew 8% year-over-year to 2.46M, driven by commercial IoT growth. Q4 total revenue was $213.0M, with service revenue representing 72%.
For 2025, Iridium expects service revenue growth between 5-7% and OEBITDA between $490M-$500M. The company maintains its net leverage target of below 4.0x OEBITDA through 2026, falling below 2.0x by decade's end.
Iridium Communications (Nasdaq: IRDM) has scheduled its fourth-quarter and full year 2024 financial results conference call for Thursday, February 13, 2025, at 8:30 a.m. Eastern Time. The company will release its Q4 2024 earnings press release before the call, which will be available on their investor relations website.
Investors and interested parties can participate by dialing 1-412-902-6740 and requesting the Iridium Communications conference call. A simultaneous webcast will be available on the company's website, and a replay will be accessible in the investor relations section approximately one hour after the call concludes.
Iridium Communications (Nasdaq: IRDM), a global satellite communications provider, has announced its participation in the 27th Annual Needham Growth Conference. Company executives will present on Tuesday, January 14, 2025, at 4:30 p.m. ET.
The presentation will be accessible via webcast through Iridium's Investor Relations website section at http://investor.iridium.com/events. Interested parties can access the archived version of the webcast at the same location for seven days following the event.
Blynk, a leading Low-Code IoT SaaS platform, has partnered with Iridium Communications (NASDAQ: IRDM) to support the new Iridium Certus™ 9704 Development Kit. The partnership integrates Blynk's IoT platform with Iridium's satellite hardware, providing engineering teams with pre-built templates and customizable dashboards for rapid development of satellite-based IoT solutions.
The development kit features the Iridium Certus 9704 IoT Transceiver for global connectivity in remote locations. Blynk has developed customizable IoT blueprints specifically for the kit, including ready-to-upload firmware and mobile/web dashboards. This collaboration aims to simplify satellite IoT deployment across industries like agriculture, logistics, and energy, reducing complexity and costs typically associated with satellite integration.
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