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Iridium Communications (IRDM) Stock News, May-Sep 2023

IRDM NASDAQ

Iridium Communications Inc. provides global mobile satellite voice, data and positioning, navigation and timing services through a low-Earth-orbit satellite network. Company news commonly covers recurring service revenue from subscribers, equipment sales, engineering and support projects, full-year outlook updates, and government satellite airtime and gateway support work tied to U.S. Space Force contracts.

Iridium updates also focus on satellite IoT and direct-to-device connectivity, including Iridium Short Burst Data, Iridium Certus, Iridium NTN Direct and the Iridium 9604 IoT module. Customer and partner developments span aviation, maritime, government, emergency services, critical infrastructure, heavy equipment, autonomous systems and remote monitoring applications.

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3.32%
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0.73%
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FAQ

What is the current stock price of Iridium Communications (IRDM)?

Iridium Communications (IRDM) last closed at $45.87.

What is the market cap of Iridium Communications (IRDM)?

The market cap of Iridium Communications (IRDM) is approximately $4.9B.