Satellite-Enabled Positioning Services Provider DDK Receives Investment From Iridium; Matt Desch Quoted

TYSONS CORNER, VA, June 21, 2021 — Iridium Communications (Nasdaq: IRDM) has invested in DDK Positioning in support of the Aberdeen, Scotland-based company’s efforts to expand its global precision positioning service offerings, ExecutiveBiz reported May 25.

The investment builds on an existing partnership between the two companies through which Iridium provides DDK with access to its satellite communications network to deliver global navigation satellite system-enabled services to the latter’s industrial customers.

Matt Desch, CEO of Iridium and seven-time Wash100 awardee, said DDK services, which support maritime, agricultural, infrastructure, autonomous system and other industrial applications, augment the satcom provider’s portfolio.

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