Executive Mosaic CEO Jim Garrettson has presented the 2025 Wash100 Award to Matt Desch, CEO and director of Iridium Communications. Desch earned an unprecedented 11th Wash100 Award for his continuous leadership in championing technological innovation and global expansion. Established in 2014, the coveted award is given yearly to the t...
Monique Shivanandan has been named a member of the board of directors at Iridium Communications. The global voice and data satellite communications provider said Tuesday Shivanandan will serve as an independent director under prevailing regulations. She will be part of the Compensation Committee. Matt Desch on Shivanandan’s App...
Iridium Communications recorded fiscal 2025 first-quarter revenue of $214.9 million, up 5 percent from the same period the previous year, and posted Q1 net income of $30.4 million, or $0.27 per diluted share. In an earnings release published Tuesday, the McLean, Virginia-based satellite communications company said its operational earnings before int...
Iridium Communications reported fiscal 2024 fourth-quarter revenue of $213 million, up 9 percent from the prior-year period, and saw its total revenue for the full year increase 5 percent to $830.7 million. In an earnings release published Thursday, the McLean, Virginia-based satellite communications company said Q4 and full-year net income were $36...
Iridium Communications posted a record total revenue of $212.8 million during the third quarter of 2024, up 8 percent from the prior-year period, and attributed the growth to higher government engineering and commercial service revenue. Iridium’s U.S. Government Business The McLean, Virginia-based satellite communications company said Thursday...
The team of Iridium Communications and General Dynamics Mission Systems has secured a $491.6 million contract modification from the Space Development Agency to provide ground management and integration support for SDA’s Proliferated Warfighter Space Architecture. Iridium said Tuesday its share of the contract modification is valued at $239 million...
The board of directors of Iridium Communications (Nasdaq: IRDM) has approved a plan to buy back another $500 million in shares through the end of December 2027 as part of a push to maximize return on investment. The satellite communications company said Thursday the plan marks its fourth and largest stock buyback authorization and increases...
Iridium Communications (Nasdaq: IRDM) has appointed senior finance executive Vincent O’Neill as chief financial officer and business development leader Timothy Last as executive vice president of sales and marketing, effective Jan. 1. The McLean, Virginia-based company said Wednesday O’Neill will succeed the retiring Thomas Fitzpatrick, ...
Iridium Communications (Nasdaq: IRDM) reported financial results for the second quarter of 2024, highlighting revenue and subscriber growth plus profit during the period. In the three months ending June 30, 2024, total revenue increased 3.9 percent year-over-year to $201 million, while net income reached $32.3 million compared to the $30.7 million n...
Iridium Communications (Nasdaq: IRDM) has secured a five-year, $94 million contract to deliver satellite communications support services to Space Systems Command The company said Tuesday it will provide new capabilities and security sustainment services in support of the Enhanced Mobile Satellite Services program under the contract, which has a pote...
