Tag Archives: Iridium

Iridium Gov’t Revenue Up 12% in 2Q; Matt Desch Offers NEXT Program Update

Iridium Communications (Nasdaq: IRDM) has reported a 12.5 percent increase in government segment revenue for the company’s fiscal year 2015 second quarter compared to the prior year period. Total quarterly sales for the segment reached $18 million, which the company attributed primarily to its airtime services contract with the Defense …

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Iridium NEXT Functionality Undergoes CATR Testing

TYSONS CORNER, VA July 16, 2015 — Iridium Communications (Nasdaq: IRDM) has completed compact antenna test range testing for the Iridium NEXT satellite constellation, ExecutiveBiz reported Wednesday. The evaluation looked at the functionality of the main mission antenna as well as the feeder link and crosslink antennas, a step that puts …

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Diane Hockenberry Expresses Iridium Commitment to SpaceX Rocket

TYSONS CORNER, VA July 2, 2015 — Iridium Communications (Nasdaq: IRDM) said it remains committed to using SpaceX to carry its satellites into orbit amid a Falcon 9 explosion upon liftoff at Cape Canaveral over the weekend, ExecutiveBiz reported Tuesday. Reuters said Monday Iridium, in an email to the news bureau, …

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Iridium 1Q Gov’t Service Revenue Up 13%; Matt Desch on Company’s New Air Traffic Pacts

Iridium Communications (NASDAQ: IRDM) has announced financial results for the first quarter of its 2015 fiscal year ended March 31, 2014. The McLean, Va.-based satellite services provider reported a year-over-year revenue increase of 13 percent in its government services segment to $18 million,  activity Iridium attributed to the company’s $400 million …

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Matt Desch: Startups’ Microsatellites Plans Present Innovation Possibilities, Challenges for Industry

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 innovation” possibilities as well as challenges to the satellite community, ExecutiveBiz reported Friday. He noted that the …

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Matt Desch Selected to Wash100 for Leadership in Global Satellite Communications

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 the premier group of private and public sector …

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Matt Desch: Iridium NEXT Launch Moved to October But 2017 Completion on Track

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’s earnings call Feb. 26, where Desch bared the June 2015 launch …

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Iridium Records 7% Revenue Hike for 3Q 2014, Gov’t Services Sales Up 14%

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. The company’s …

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Iridium to Update Defense Dept Mobile Service Gateways; Scott Scheimreif Comments

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 said Wednesday. DISA awarded the …

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Scott Smith Promoted to COO, Thomas Fitzpatrick Adds CAO Title at Iridium; Matt Desch Comments

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 board now comprises …

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