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Tag Archives: irdm

Iridium, Boeing Restructure Satellite Operations, Maintenance Partnership; Matt Desch Comments

TYSONS CORNER, VA, Dec. 1, 2016 — Iridium Communications (Nasdaq: IRDM) is set to hire the majority of the Boeing (NYSE: BA) team that provides operations and maintenance services for the former’s satellites as part of a relationship restructure between the two companies, ExecutiveBiz reported Wednesday. The firms will also signed a …

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Iridium’s Matt Desch: Falcon 9 Stage 1 Booster Delivered to California

TYSONS CORNER, VA, Nov. 29, 2016 — Matt Desch, Iridium (Nasdaq: IRDM) CEO, announced in a Twitter post Nov. 21 that the stage 1 booster of SpaceX‘s Falcon 9 rocket has been delivered to California to support the launch of 10 Iridium satellites, ExecutiveBiz reported Wednesday. Ars Technica reported Nov. 21 SpaceX …

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Iridium Launches New Portfolio of Aviation Broadband Connectivity Products & Services

TYSONS CORNER, VA, Nov. 3, 2016 — Iridium (Nasdaq: IRDM) has launched its new suite of aviation broadband connectivity products and services designed to provide global broadband data communications for cockpits and passengers, ExecutiveBiz reported Wednesday. The company said Monday its new portfolio is comprised of various products from four …

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Iridium CEO Matt Desch Hopeful for SpaceX’s Return to Launch Services by End of Year

TYSONS CORNER, VA, Nov. 1, 2016 — Matt Desch, CEO of Iridium (Nasdaq: IRDM), has said the company hopes to see SpaceX resume launch services within the year as the investigation continues into the explosion of a Falcon 9 rocket in September, ExecutiveBiz reported Monday. SpaceX has stated that it has discovered a way to …

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Komatsu to Offer Telematics Services With Iridium Asset-Tracking Tech

TYSONS CORNER, VA, Oct. 31, 2016 — Iridium (Nasdaq: IRDM) has entered into an agreement with Japan-based construction and mining equipment manufacturer Komatsu to integrate their asset tracking and monitoring service and vehicle monitoring technologies, ExecutiveBiz reported Friday. Komatsu’s KOMTRAX system will use Iridium’s network to deliver information on vehicle location and …

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Former US Special Ops Commander Olson Joins Iridium Board of Directors

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, …

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Iridium Off to ‘Strong Start’ in 2011, CEO Matt Desch Reports

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 …

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Iridium Picks Thomas Hickey to Lead Legal Efforts

Iridium Communications (NASDAQ: IRDM) has hired Thomas D. Hickey to the role of chief legal officer. Most recently, Hickey served as general counsel and corporate secretary at Primus Telecommunications Group. “Tom is a seasoned executive with a strong legal and management background in helping to grow innovative companies in the …

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Lockheed Pens Iridium NEXT Subcontract; Matt Desch Comments

Thales Alenia Space awarded a contract to Lockheed Martin (NYSE: LMT) to oversee payload application software for the Iridium NEXT satellites. Thales Alenia Space is the prime contractor for Iridium NEXT, the next-generation satellite constellation being designed, built and launched for Iridium (NASDAQ: IRDM). Iridium NEXT, the replacement for the …

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Iridium CEO Matt Desch Comments on Firm’s Financial Report

Iridium (Nasdaq:IRDM)  reported financial results for the fourth quarter of 2010, affirming its outlook for the full-year 2011. The firm listed fourth-quarter total revenue at $87.9 million, including $60.1 million of service revenue and $27.8 million of equipment and engineering and support revenue. Iridium noted that “total revenue grew 16 …

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