TYSONS CORNER, VA, Aug. 29, 2016 — Iridium Communications (Nasdaq: IRDM) CEO Matt Desch has said the Federal Aviation Administration will base its potential decision next year on the deployment of the Iridium NEXT satellite service based on the results of an ongoing cost-benefit analysis, ExecutiveBiz reported Wednesday.
The Wall Street Journal reported Tuesday the company aims to replace the current network and begin commercial operations for Iridium NEXT by the end of 2017.
Desch noted that potential customers seek to preview the quality of data from the upcoming constellation before making commitments regarding deployment.
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