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TYSONS CORNER, VA March 30, 2015 — Executive Mosaic — Iridium Communications (Nasdaq: IRDM) CEO Matt Desch said recent startups’ plans to build constellations of microsatellites to expand global Internet connectivity present both “interesting innovationâ€&...
Executive Mosaic, Tysons Corner, VA March 18, 2015 – Matt Desch, who heads mobile satellite services company Iridium, has been inducted into Executive Mosaic’s Wash100 list of the most influential leaders in GovCon for his leadership role in global satellite communications. The Wash100 is t...
TYSONS CORNER, VA March 3, 2015 — Executive Mosaic — ExecutiveBiz reported Tuesday on Iridium Communications CEO Matt Desch’s remarks assuring that the network of new Iridium NEXT satellites would be in place as scheduled in 2017. Space News cited Iridium’...
Iridium Communications (NASDAQ: IRDM) has announced financial results for the third quarter of its 2014 fiscal year, which ended Sept. 30, 2014. Revenue for the McLean, Virginia-based satellite services contractor rose 7 percent to $107.5 million from the prior-year quarter and profit increased approximately 22.9 percent to $20.4 million...
Iridium Communications (NASDAQ: IRDM) has been awarded a $38 million contract to help the Defense Department operate and maintain gateways for its mobile satellite service. The Defense Information Systems Agency‘s Gateway Maintenance and Support Service contract contains a one-year, $7.2 million base period and four one-year options, Iridum...
Scott Smith and Thomas Fitzpatrick have been promoted respectively to chief operating officer and chief administrative officer at Iridium Communications (NASDAQ: IRDM). Fitzpatrick will continue to serve as the company’s chief financial officer and both executives have been appointed to the board of directors, Iridium announced Friday. The bo...
Iridium Communications Inc. (Nasdaq: IRDM) has finalized an agreement with NAV CANADA regarding their global air traffic joint venture, Aireon LLC, according to an Iridium statement. “I am excited about the opportunities (Aireon) will present for Iridium, NAV CANADA and other air navigation service providers who may choose to collaborate with us, ...
Iridium Communications Inc. (Nasdaq: IRDM) has appointed retired Navy Adm. Eric T. Olson, formerly the commander of U.S. Special Operations Command, to the company’s board of directors. Olson, a 38-year Navy veteran, was known as the Bull Frog until his retirement in August for being the longest-serving Navy SEAL on active duty, having quali...
Iridium Communications, Inc. (NASDAQ: IRDM) released its second quarter 2011 financial results on August 8. The company reported its net income increased 265.6 percent year-over-year to $11.7 million from $3.2 million in the second quarter of fiscal year 2010. Iridium reported second quarter total revenue of $95.9 million, a 14 percent in...
Iridium (NASDAQ:IRDM) announced that it booked net income of $8.3 million for the first quarter of 2011 and updated its outlook for the full-year 2011. “We’re off to a strong start in 2011, as we continue to benefit from a high-quality and diversifying revenue profile that is moving beyond voice to fast-growing data services, ”...
