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Tag Archives: Matt Desch

Iridium Reports 17% Increase in Q3 2018 Revenue; Matt Desch Quoted

Iridium Communications (Nasdaq: IRDM) posted $136M in revenue for the third quarter of 2018, up 17 percent from the prior year period. The company said Thursday the total number of subscribers grew to 1.09M in Q3 2018, reflecting a year-over-year increase of 15 percent associated with the rise in government …

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Iridium Plans Cloud-Based Satellite Service to Support AWS IoT; Matt Desch Quoted

TYSONS CORNER, VA, October 18, 2018 — Amazon Web Services is collaborating with Iridium Communications (Nasdaq: IRDM) to create a cloud-based satellite service that will work to support the former’s internet of things applications, ExecutiveBiz reported Sept. 28. Iridium said Sept. 27 its satellite network will underpin Iridium CloudConnect, which is …

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Iridium’s Matt Desch: Legacy LEO Satellites to Complete Deorbiting in Q1 2019 Amid Transition to NEXT

TYSONS CORNER, VA, September 24, 2018 — Matt Desch, CEO of Iridium Communications (Nasdaq: IRDM), has said the company’s first-generation low-Earth-orbit communications satellites are scheduled to finish the deorbiting process within the first quarter of 2019, with 41 of 66 units in the constellation already removed, ExecutiveBiz reported Sept. 13. …

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Iridium’s Matt Desch Talks Final NEXT Launch, Upcoming Aireon Service

TYSONS CORNER, VA, September 11, 2018 — Matt Desch, CEO of Iridium Communications (Nasdaq: IRDM), has said the company is looking to help get Aireon‘s aircraft monitoring service live with the potential completion of the Iridium NEXT satellite network by the end of the year, ExecutiveBiz reported Sept. 4. NASASpaceflight.com reported …

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Matt Desch: Iridium Eyes ‘Capex Holiday’ Amid Record Quarterly Revenue Increase

TYSONS CORNER, VA, August 22, 2018 — Iridium Communications (Nasdaq: IRDM) CEO Matt Desch has said in an earnings call the company plans to take a 10-year “capex holiday” after it completes the $3B Iridium NEXT satellite constellation this year, ExecutiveBiz reported Aug. 7. Space News reported Aug. 6 that the …

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Iridium’s Aireon Unit Enters Aircraft Surveillance Partnership With Airbus; Matt Desch Comments

TYSONS CORNER, VA, August 1, 2018 — Iridium Communications’ (Nasdaq: IRDM) Aireon subsidiary has partnered with Airbus’ defense and space business to provide space-based aircraft tracking data to the latter’s recently launched airspace analytics platform, ExecutiveBiz reported July 20. Aireon said July 19 it will supply Automatic Dependent Surveillance-Broadcast data to …

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Iridium CEO Matt Desch: Personal Mobile Connectivity a Top Trend in Satcom Market

TYSONS CORNER, VA, July 5, 2018 — Matt Desch, CEO of Iridium Communications (Nasdaq: IRDM), has said the satellite communications industry has seen the “bring your own device” movement become one of the top trends in the sector, ExecutiveBiz reported Friday. Desch, a four-time Wash100 recipient, said in an interview …

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NVTC Names 2018-2019 Board Officers, Members

TYSONS CORNER, VA, June 21, 2018 — The Northern Virginia Technology Council has named the officers of the board of directors as well as new and returning board members for the 2018-2019 fiscal year under the leadership of Chairman Rich Montoni, former CEO of Maximus (NYSE: MMS), ExecutiveBiz reported Tuesday. …

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Matt Desch: Iridium to Continue Transformation Built on Satcom, Broadband Internet Capabilities

TYSONS CORNER, VA, June 18, 2018 — Matt Desch, CEO of Iridium Communications (Nasdaq: IRDM), has said the company anticipates its continued transformation into a mature company over the next 12 to 24 months as it nears the completion of its Iridium NEXT satellite communications network and builds on partnerships …

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Iridium Secures Approval to Provide Satellite-Based Maritime Safety Services; Matt Desch Comments

TYSONS CORNER, VA, May 29, 2018 — The International Maritime Organization’s maritime safety committee has cleared Iridium Communications (Nasdaq: IRDM) to provide mobile satellite services in support of the Global Maritime Distress Safety System, ExecutiveBiz reported May 22. Iridium said May 21 it intends to enter a public services agreement with …

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