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Tag Archives: M2M

Iridium Announces Q3 2017 Govt Services Revenue, Subscribers; Matt Desch Comments

Iridium Communications (Nasdaq: IRDM) recorded $22 million in government service revenue with 95,000 government subscribers during the third quarter of 2017. Iridium said Thursday government data and voice subscribers rose 14 percent to 40,000 during the third quarter ended Sept. 30, compared with the same period last year. The McLean, …

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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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ORBCOMM, Inmarsat to Share SkyWave M2M Business Under $130M Deal

ORBCOMM (NASDAQ: ORBC) will buy Inmarsat partner SkyWave Mobile Communications under a $130 million transaction as part of ORBCOMM’s efforts to add new operational and manufacturing tools in its machine-to-machine offering, SatNews reported Thursday. The potential acquisition will be in the form of $122.5 million in cash and a $7.5 million promissory note for some of Inmarsat’s shares in …

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