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Matt Desch: Iridium Moves to Secure Next Satellites with Spares, Insurance, Free Reflights

TYSONS CORNER, VA June 15, 2015 — Executive Mosaic — Iridium Communications (Nasdaq: IRDM) CEO Matt Desch indicated that the nine spare Iridium Next satellites the company is building will help cut insurance coverage costs for the 72 others due for launch by 2017. Space News reported Thursday the executive telling investors …

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