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Iridium Enters Partnership in Push for Low-Power Space IoT; Matt Desch Comments

Matt Desch

TYSONS CORNER, VA, Sept. 13, 2017 — Iridium Communications (Nasdaq: IRDM) will collaborate with Magnitude Space to study the potential of low-power global area network technology to deliver space-based internet of things services, ExecutiveBiz reported Friday.

The memorandum of understanding between the two companies is part of Iridium’s efforts to explore partnerships with the “NewSpace” sector and the small satellite low-power arena in particular, the satellite communications firm said Thursday.

“We envision a future where numerous diverse satellite architectures interwork to support the dramatically expanding IoT universe,” said Matt Desch, CEO of Iridium and an inductee into Executive Mosaic’s Wash100 for 2017.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Headquarters are located in Tysons Corner, VA. www.executivemosaic.com

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David Smith
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david.smith@executivemosaic.com

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