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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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Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships.

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. Executive Mosaic is headquartered in Tysons Corner, VA.

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